Mining Post Namibia

  A shadow of misfortune trailed the Canadian zinc producer Trevali Mining Corporation throughout 2022. The flooding at Trevali's Perkoa mine in Burkina Faso set off a chain of events that resulted in the sale of the Rosh Pinah mine in Namibia. In September, directors Richard Williams, Jill Gardiner and Jeanne Hull resigned. In October, Trevali's subsidiary - Nantou Mining, in Burkina Faso, filed for liquidation.   Here is how it played out. 20 January 2022  Trevali Mining Corporation said it was working toward securing project financing for expanding the Rosh Pinah mine using the existing Corporate Revolving Credit Facility and Glencore Facility, maturing in September 2022.  The company said it had received non-binding expressions of interest from several capital providers about participating in the financing process, including commercial banks, streaming and royalty companies, and mining-focused alternative lenders, as well as from Rosh Pinah's concentrate offtaker...

Northern Graphite Corporation's 2022 milestones are the acquisition of the Lac des Iles graphite mine in Quebec and the Okanjande graphite deposit/Okorusu processing plant in Namibia from subsidiaries of Imerys Group for approximately US$40m. This deal meant that Northern Graphite acquired 40-50 000 tons of graphite production capacity per year in Quebec and Namibia, making it the third largest Non-Chinese natural graphite-producing company worldwide. The Okanjande deposit has large measured and indicated resources, and the Company intends to assess building a new processing plant with 100-150,000 tons per year of production capacity. The Okanjande/Okorusu graphite project was in production from August 2017 until October 2018, when previous owners placed it on care and maintenance due to start-up issues with the processing plant, which did not meet design specifications.  17 January 2022:   Northern Graphite Corporation said a syndicate of agents led by Sprott Capital Par...