African Mining Projects - Opportunity Update - 02 September 2020
By Paul Miller
This is a blog post in an infrequent series to highlight opportunities for suppliers to the African mining industry.
Projects that have been in the news recently include;
Australian listed Danakali's advanced Colluli Potash project in Eritrea. This project is fully funded and is going into construction. DRA Global is the EPCM on the project with Danakali recently announcing the appointment of RA International Group PLC as preferred accommodation and support services contractor to the the project company. Inglett & Stubbs is providing the remote power solution. The project is being funded by the African Finance Corporation and the African Import Export Bank.
The Darwendale PGM project on the Great Dyke in Zimbabwe. This is a private Russian/Zimbabwean concern so news flow can be infrequent. Great Dyke Investments is the project company, which is 50% owned by Russia's VI Holding and Zimbabwe's Lindela Mining Venture respectively. David Brown, SA PGM industry veteran, is Chairman of Great Dyke Investments. DRA Global managed the original Definitive Feasibility Study and boxcut construction for 2 decline portals is underway. Debt financing is expected to come from the African Import Export Bank.
Canadian listed Trevali Mining Corporation has announced a positive pre-feasibility study for the expansion its Rosh Pinah zinc mine in Namibia. Ricus Grimbeek, South African emigré, is the CEO of Trevali. Outside consultants involved in the pre-feasibility study included AMC Consultants and DRA Global.