Tuesday, March 28, 2017

AngloGold Ashanti, Randgold Agrees To Help Develop Ghana Mine

Africa's biggest gold producer AngloGold Ashanti has signed a deal with Randgold Resources to develop and mechanise its Obuasi mine in Ghana. Reuters reports that Randgold will lead and fund a development plan to rebuild...

Ethiopia invites development partners to help exploit its mineral resources

Ethopia has called on the organised private sector and international investors to assist Ethiopia in its efforts to extensively exploit its untapped mineral resources. Ethiopia’s Minister of Mines, Tolesa Shagi who made this call at...
Mining

Zambia Drags Mining Firm to Court over Pollution

Zambia's environmental regulator on Tuesday revealed that it has commenced legal proceedings against Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources, over the pollution of drinking water and the environment in one...

Equatorial Guinea, Development Partners Build Capacity for Extractive Industry

The Government of Equatorial Guinea has partnered The African Mineral Development Centre (AMDC) and the United Nations Conference on Trade and Development (UNCTAD), on a four-day capacity-building training on contract negotiation and the structuring...
Zimbabwe Mining

Nigeria Sanctioned 20 Mining Companies in 2016 – Official

The Ministry of Mines and Steel Development has sanctioned no fewer than 20 mining companies in 2016 over non-compliance with Nigeria's laws and regulations. Salim Salaam, Director, Mines Environmental Compliance Department said this to the...
Zimbabwe Mining

Newmont Remits GH¢1.5bn To Ghana

Mr Felix Apoh, Senior Manager, Sustainability and External Relations of Newmont has disclosed that Newmont Mining Company has paid a total of GH¢1.5 billion to the Government of Ghana in the form of taxes...
Mining

SA Mining Sector Gets Uplifted

The South African mining industry has gotten a much needed boost through the restructuring of research and development (R&D) under way. The restructured model comes as an outcome of the Mining Phakisa, a strategy...
Gold mine

Gold Takes a Hit On The Global Market

Gold dropped to the lowest level in seven weeks. Bullion for immediate delivery fell as much as 0.5 percent to $1 220.90 an ounce, the lowest since April 6, and traded at $1 221.02...
Gold

Mali Aims To Host £45 Million Gold Mine

Junior miner Hummingbird Resources has hailed a £45.8m fundraising that will allow it to build a gold mine in Mali as a “seminal moment” in its history. The Aim-listed explorer has executed a placing of...

Nigeria: Aliko Dangote Opens Coal Mine in Tanzania

Aliko Dangote is now a coal miner as Tanzania has offered his Dangote Cement Company in the southeastern town of Mtwara, land to mine coal for its operations. Tanzania's Ministry of Energy and Minerals at...