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Top African Mining Market News
South Africa · South AfricaORION Minerals said on Thursday it had increased funds from a capital raise announced earlier this week to A$7.7m (R89m) from A$5.5m. The copper and zinc development firm said additional shares were taken up “sophisticated and professional investors”, some of them new to the company. Appetite for the startup is a promising sign after years of toil. An agreement with Glencore worth $250m has been a catalysing effect. Orion announced on Tuesday it…See the Story
Orion Boosts Capital Raise to A$7.7m Amid Copper Price Run
Mpumalanga · MpumalangaSteinmüller Africa Teams at Kriel and Majuba Hit 1 Million RCR‑free hours Johannesburg, Steinmüller Africa has set a new benchmark in operational excellence, with its site teams at the Kriel and Majuba power stations each exceeding 1000000 RCR-free hours. Recordable Case Rate (RCR)-free hours are operating runs without a single recordable injury or illness requiring...See the Story
