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Lumwana seeks long term partnership with Zambian Government
Barrick Gold Corporation, owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation.
[Botswana] Giyani submits Environmental Management Plan for its Lobatse Manganese Project
Canadian exploration company Giyani Metals Corp has announced the completion of the environmental management plan (EMP) for its Lobatse manganese prospect in Botswana.
[Nigeria] Programme reduces hazardous exposures in small scale mining
A pilot programme to reduce lead poisoning in Nigerian gold mining communities has brought extraordinary improvements to an area where hundreds of children had died from lead poisoning.
[DR Congo] Armadale sells Mpokote Gold Project to African Royalty Company
Armadale has entered into final formal sale agreement with African Royalty Company Limited for the sale of the Mpokoto Gold Project in the Democratic Republic of Congo.
[Burkina Faso] Nexus Gold discovers high-grade samples at New Dakouli 2 Project
Nexus Gold Corp has reported initial sampling results from the recently acquired, 100 per cent -owned, 98-sq km Dakouli 2 Gold Project.
Ophir Energy loses Equatorial Guinea's Fortuna due to licence expiry
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
[Mauritania] Government grants Algold Resources one year extension to complete Tijirit feasibility study
Algold Resources Limited has announced that the Mauritanian Ministry of Oil, Energy and Mines has granted a 12-month extension to the Corporation for the completion of the Tijirit Gold Project feasibility study.
African Metals closes asset sale
Canadian mineral exploration company African Metals Corporation has completed the sale of all or substantially all of its assets as approved by special resolution of its shareholders.
Angola set to have industrial pole for cutting of diamonds
A pole for diamond-cutting factories, a professional technical school and other diamond-related industries in Angola are set to be inaugurated this year.
[Mali] Endeavour sells interests in Tabakoto Mine to Algom Resources
Gold producing company Endeavour Mining has completed the sale of its interest in the non-core Tabakoto mine located in South Western Mali to Algom Resources Limited.
Mauritania rolls out the welcome mat to investors with new iGuide
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.
[Burkina Faso] Roxgold announces completion of Bagassi South Project
Gold mining company Roxgold Inc.has announced completion of the Bagassi South Project in Burkina Faso under budget and on schedule.
[Guinea] President Alpha Conde opens Bel Air mine
Africa Finance Corporation has announced the official opening of the Bel Air mine in Guinea-Conakry, a high-grade bauxite mine.
[Malawi] Mkango renews license for Songwe Hill Rare Earths project
Rare earths exploration and development company focused on Malawi Mkango Resources Ltd., has announced that the Government of Malawi has granted a further two-year renewal.
[Angola] Bongani Investment group invests €3.5 million in ornamental rocks
At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing of ornamental rocks,
Petra Diamonds sells South Africa mine for $14
Petra Diamonds has offloaded its Helam mine in South Africa for a total price of ZAR 200 ($14).
Madagascar female sapphire miners to benefit from value addition training
Female sapphire miners in Madagascar are among the nation’s hardest workers and poorest people, but their future is looking brighter, thanks to University of Queensland research.
[Burkina Faso] Acacia Mining, Sarama terminate earn-in agreement for South Hounde project
Gold mining multinational Acacia Mining has signed a binding conditional agreement with its partner, Sarama Resources Ltd., to terminate the earn-in agreement for the South Houndé Project in south-western Burkina Faso.
[South Africa] DMR initiates ground stability study in areas affected by illegal mining
The Department of Mineral Resources (DMR) has initiated a ground stability study to be undertaken in the Johannesburg area with immediate effect.
[South Africa] African Rainbow Minerals to list on A2X
African Rainbow Minerals has been approved for a secondary listing on A2X Markets and will list on Thursday, 29 November 2018.
African Gold Group announces $1 million private placement to develop Mali project
Exploration and development company African Gold Group intends to complete a best efforts non-brokered private placement financing of up to 20,000,000 units.
[South Africa] Government pulling out all stops to improve investment climate, Trade Minister
The South African government is pulling out all the stops to improve the country’s investment climate with the aim of attracting more investments to achieve the target of $100 billion worth of investments.
Regulatory uncertainty hampers South Africa's mining sector
The Mineral and Petroleum Resources Development Amendment Bill has loomed over South African mining firms since 2014 and caused unwarranted uncertainty in a sector already suffering from rising costs and labour unrest.
[Cameroon] Transformation will come via rigorous development planning, study
A senior official of the UN Economic Commission (ECA), has told Cameroon’s development planning and statistics authorities that the law of the market, called ‘the invisible hand’ in economics, cannot by itself promote diversification, industrialization and the structural transformation of the economies.
Sierra Leone launches $20 million project to support extractives sector governance
The Government of Sierra Leone, in collaboration with the World Bank, has launched the second phase of the Extractive Industries Technical Assistance Project to support the artisanal mining sector in the country.
Terra Drone grows African foothold with South Africa office
Terra Drone Corporation has established a new branch in South Africa specializing in drone solutions for underground and surface mining.
[SA Business Week] Blockchain to curb Cape Town water issues, taxi operators get a boost
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
[Tanzania] Bunyu graphite mining project receives license
Australian mining company Volt Resources (ASX:VRC) has formally received mining licenses ML 591/2018 and ML 592/2018 from the Mining Commission of the Ministry of Minerals of Tanzania.
[Ghana] Asanko Gold launches women in mining empowerment initiative
International mining company Asanko Gold Inc. has launched the Asanko Women in Mining “Botae Pa Initiative” at the Asanko Gold Mine, AGM, in Ghana, West Africa.
[South Africa] Weba Chute Systems expands into Russia with Somex
South Africa-based original equipment supplier Weba Chute Systems has further extended its footprint into the northern hemisphere with the recent appointment of a licensee in Russia.
[Ghana] Asante Gold seeks buyout for Kubi project
Asante Gold has announced that in addition to its previous disclosure re sourcing a 50:50 joint venture partner for the exploration and development of the Kubi Gold project in Ghana, that the company will now consider cash bids for a 100% buy-out.
FACT Zambia launches EITI awareness programme
THE USAID funded Fostering Accountability and Transparency (FACT) programme has launched a project aimed at increasing citizen awareness and engagement on the Extractive Industries Transparency Initiative (EITI) mechanism in Zambia.
[Guinea] Bauxite mining boom threatens human rights, study reveals
Guinea’s fast-growing bauxite mining industry is threatening the livelihoods of thousands of Guineans, Human Rights Watch said in a report released today.
South Africa’s mining industry registers mixed fortunes, PWC report
The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year.
Montero Mining, Jiang Xi Yun in lithium production plan in Africa
Mineral exploration and development company Montero Mining and Exploration Ltd has signed a deal with the Jiang Xi Yun Lithium Materials Company Limited of China for joint cooperation and development of lithium production in Africa.
Caledonia Mining announces upgrade at Zimbabwe mine
Caledonia Mining Corporation Plc has announced an upgrade to the resource base at its 49 per cent owned subsidiary, the Blanket Mine in Zimbabwe.
[Column] Five roots to Central Africa’s industrialization
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
East Africa Metals receives nod to work on two Ethiopia gold projects
East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects.
[South Africa] DMR Mpumalanga regional office closed
Members of the public are advised that the Department of Mineral Resources’ Mpumalanga Regional Office will be closed from Monday 3rd September 2018 until further notice.
NUM declares a dispute with the Minerals Council of South Africa
The National Union of Mineworkers (NUM) has declared a wage dispute with the Minerals Council of South Africa.
Volt Resources inks deal for flake graphite from Tanzanian project
Graphite exploration company Volt Resources Ltd has signed a second binding offtake agreement for graphite from the company’s pre-production Bunyu project in Tanzania.
[Mali] Ashanti Gold announces first results for Gourbassi West project
Gold exploration company Ashanti Gold Corp. has announced first results for Gourbassi West from the recently completed 105 hole Reverse Circulation and Diamond Drill.
Maxtech expands vanadium exploration in Zambia
Canadian-based diversified industries corporation Maxtech Ventures Inc. has announced that Maxtech Mining Zambia's two large scale exploration licenses filed in Zambia have been validated by Zambia Minister of Mines.
Bankers diversifies with copper-cobalt exploration project in Namibia
Bankers Cobalt Corp. has entered an option with a private Namibian partner to acquire a 70 per cent interest in a prospective base metals, precious metals and industrial metals license located in Namibia.
Nigeria Mining Week to provide practical business know how
The upcoming third edition of the Nigeria Mining Week in Abuja from 15-17 October 2018 will provide access to all the practical knowledge, valuable connections, decision makers for would-be and established mining companies.
[Guinea] Bel Air Mine project sends first bauxite consignment to China
Africa Finance Corporation, the continental infrastructure development finance institution in Africa, has announced the on-time completion of the Bel Air Mine in Guinea and loading of its first shipment of high grade bauxite to China.
[South Africa] Giyani and Rhodes University sign research partnership
Giyani Metals Corporation has signed a research collaboration program with Rhodes University, South Africa, regarding battery-grade manganese within the Company’s flagship Kanye manganese project in Botswana.
[Botswana] Pangolin to acquire ownership of AK10 diamond project
International diamond exploration company Pangolin Diamonds Corp., PAN, has finalized the commercial terms of the joint venture agreement with Makanwu Civil Blasting.
Equatorial Guinea cancels CHC Helicopters contracts for non-compliance
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated all petroleum operators to cancel all contracts with Canadian-based CHC Helicopters due to noncompliance of Equatorial Guinea’s national content regulations.
[Ghana] Cardinal Resources discovers gold at Ndongo East site
Australian mining company Cardinal Resources Limited has intersected further gold at a new discovery named Ndongo East in Ghana on its 100 per cent owned Ndongo License.
Brendan Clarke appointed CSA Global manager for Africa
Mining, geological, technology, and management consulting company CSA Global has announced the appointment of Brendan Clarke as the Manager for its African operations.
Tanzania Minerals closes private placement offering
Tanzania Minerals Corp. has announced the closing of a private placement offering of $629,993.88 of gross proceeds based on the issuance of 6,999,932 units at a price of $0.09 per unit.
RS Components launches e-commerce platform for Sub-Saharan Africa
RS Components has launched the Africa e commerce site to meet the requirements of a growing continent with demand from various industries.
[Senegal] Thor Explorations finds new deposits at its Douta project
Thor Explorations Ltd. has announced positive results from its first set of drill results from its ongoing 8,000 metre RC drill program on its Douta Gold Project in south-east Senegal.
[Mali] African Gold Group commences drilling program at Kobada
African Gold Group Inc. has started the Diamond Drill and RC Drill program at its Kobada project located southern Mali.
[Burkina Fao] Teranga Gold increases ounces
Teranga Gold Corporation has provided updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa.
[Ghana] Asante Gold and Perseus Mining modify terms of sale agreement
Asante Gold Corporation and Perseus Mining Ghana have agreed to modify the terms of their Betanase Option and Sale Agreement.
[Malawi] Mkango begins diamond drilling at Songwe Hill Rare Earths
Exploration company has announced the start of a diamond drilling programme at the Songwe Hill Rare Earths Project in Malawi.
[Ethiopia] East Africa Metals advances Mato Bula and Da Tambuk mine permitting process
East Africa Metals Inc has filed with the Ethiopian Ministry of Mines, Petroleum, and Natural Gas, responses to comments received in relation to the Mato Bula and Da Tambuk Mining Licence Applications.
[Burkina Faso] Tajiri Resources Corp to acquire full control of advanced Reo Gold Project
South America mining and exploration group Tajiri Resources Corp has expressed interest in acquiring 100 per cent stake in the advanced Reo Gold Project in Burkina Faso.
Weak governance in Africa hampers natural resources exploitation, ECA report
Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa.
Africa Gold Group announces senior appointments to drive growth and execute strategy
Exploration and development company African Gold Group Inc. has announced major appointments and operation updates as it seeks to drive its growth agenda.
Vast Resources and Botswana Diamonds sign agreement on exploitation of diamonds in Zimbabwe
Vast Resources plc, the AIM-listed mining company has signed an agreement with Botswana Diamonds plc under which the two companies have agreed to exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe
Anglophone West African countries weather odds to project bright economic prospects, Ecobank research
The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website.
[Column] Bob Koigi: Mining in Sub Saharan Africa: Bane or blessing?
Sub Saharan Africa is increasingly becoming a mining hub as more countries in the region continue discovering lucrative resources and minerals that have catapulted them to international limelight while seeing numerous investors pitch tent.
Sama Resources and High Power Exploration to develop Côte d’Ivoire nickel-copper and cobalt project
Canadian-based base mineral exploration and development company Sama Resources Inc. has closed its private placement with HPX Ivory Coast Holdings Inc., after receiving the required regulatory and shareholder approvals.
Tango renews Oena mining license in South Africa for nine years, terminates Txapemba agreement in Angola
Tango Mining Limited has announced that its subsidiary, African Star Minerals Limited, has received confirmation from the Department of Mineral Resources, Republic of South Africa.
[Tanzania] Acacia Mining weathers tough times to post solid quarter one performance
“Acacia continued to demonstrate resilient operating performance and delivered solid production of 120,981 ounces of gold in the first quarter across the Group, which sets us in good stead to deliver against our full year guidance of 435,000-475,000 ounces.”
[South Africa] Kore Potash lists on the Johannesburg Stock Exchange
Kore Potash plc has attained a secondary inward listing on the Main Board of the Johannesburg Stock Exchange, JSE.
[Botswana] Pangolin to earn 75 per cent interest in AK10 diamond project after deal with Makanwu Civil Blasting
Pangolin Diamonds Corp. has signed an option agreement with Makanwu Civil Blasting, a private company incorporated under the laws of the Republic of Botswana.
The new Nigerian economy: Abuja turns to agriculture and minerals
For decades, Nigeria's economy has been based on oil. The government is now moving away from its black gold dependence to open its economy up to diversification.
NNPC, Mining Society partner to grow Nigeria’s crude oil reserves
The Nigerian National Petroleum Corporation has expressed its readiness to collaborate with the Nigerian Mining & Geosciences Society towards growing the nation’s abundant hydrocarbon reserves.
[South Africa] The Mining Sector collaborates with Vodacom Business to help tackle industry challenges
Vodacom announces its intention to join forces with the Mining Precinct@Carlow Road and Mining Sector in general to make use of its technology in order to help solve some of the critical challenges identified by the Mining Sector.
Namibia Rare Earths Inc completes acquisition of Critical Metal Properties
Namibia Rare Earths Inc, a Canadian company with Namibian mining interests has completed the acquisition of a portfolio of critical metal properties from Gecko Namibia.
Chimata Gold Corp signs a binding letter of intent with Zimbabwe Lithium Company
Chimata Gold Corp has entered into a binding letter of intent with Zimbabwe Lithium Company (Mauritius) Limited, a privately held company incorporated under the laws of Mauritius.
COMESA renews mining deal with Western Australia
COMESA Secretariat and the Government of Western Australia have renewed the Memorandum of Understanding on mining for a six years period.
[Tanzania] Armadale Capital begins exploration at the Mahenge Liandu graphite project
Armadale, the AIM quoted investment company focused on natural resource projects in Africa has announced that the exploration and development programme at the Mahenge Liandu Graphite Project in Tanzania is now well underway for 2018.
[Madagascar] Base Resources completes acquisition of Toliara Sands Project
Australian miner Base Resources has completed the acquisition of the Toliara Sands Project.
Helium gas to become a key component in driving industrialization in Tanzania
Helium One, a mineral exploration company partnering with University of Dar es Salaam and Oxford University, has organized a one-day workshop to build local capacity on the origin, exploration and development of helium in Tanzania.
Walkabout Resources extends lithium exploration in Namibia
Australian mining company Walkabout Resources has entered into an agreement with a local Namibian company for a staged earn-in to an Exclusive Prospecting License in the Warmbad area of southern Namibia.
[Burundi] Rainbow Rare Earths begins drilling programme at Gakara project
Rainbow, the high grade rare earth producer has commenced a drilling programme at its Gakara Project in Burundi with the objective of supporting the mine plan for the currently productive areas of the license and exploring the significant geological anomalies identified in 2017.
[Burkina Faso] Roxgold receives government’s nod to develop the Bagassi South Project
Gold mining company Roxgold has received permitting approval to develop the Bagassi South Project from the Burkina Faso Ministry of Environment and Sustainable Development.
[DR Congo] Banro Corporation resumes operations at Namoya mine following months of closure
Canadian gold mining company Banro Corporation has resumed mining operations at Namoya mine, as a result of the reestablishment of the road access to the mine.
Atlas Copco completes acquisition of South African exploration manufacturing business
Atlas Copco, a provider of sustainable productivity solutions, has completed the acquisition of the assets of Renegade Drilling Supplies Proprietary Ltd., a South African manufacturer and distributor of drilling consumables for mining exploration.
[DR Congo] Armadale sells Mpokoto gold project to Weghsteen Capital Advice SA for $562,500
Armadale, the AIM quoted investment company focused on natural resource projects in Africa has entered into an agreement with Weghsteen Capital Advice SA to sell its interest in the Mpokoto Gold Project in the Democratic Republic of Congo.
Milost Global acquires Primewaterview Holdings Nigeria
American private equity firm Milost Global Inc. has announced that, together with its African subsidiary, Isilo Capital Partners it has closed the acquisition of a 100 percent interest in Primewaterview Holdings Nigeria Limited.
Namibia Rare Earths set to acquire 95 per cent of Gecko Namibia’s exploration portfolio
Namibia Rare Earths has entered into an agreement with Gecko Namibia to acquire its 95% interest in a portfolio of exploration properties consisting of 14 exploration prospecting licenses.
[Mauritania] Wärtsilä to supply power plant for West Africa’s largest electricity project
The technology group Wärtsilä is set to deliver a turnkey power plant to provide electricity for the Phase Two expansion of the Tasiast mine located in Mauritania.
Zimbabwe-South Africa Forum to invest $800m in Zimbabwe
Diasporans, through the Zimbabwe-South Africa (Zim-SA) Forum, plan to invest about $800 million in the country, targeting agriculture, aviation and mining sectors.
[South Africa] Alphamin Resources Corp lists on the Johannesburg Stock Exchange ALTX Board
Alphamin Resources Corp. has taken a secondary listing on the Non-ferrous Metals sector of the Johannesburg Stock Exchange AltX Board.
[Malawi] Mkango Resources and Talaxis in deal to fund development of the Songwe Hill Rare Earth project
Mkango Resources Ltd has entered into an agreement with Talaxis Limited, a wholly owned subsidiary of Noble Group Limited to fund development of the Songwe Hill Rare Earths Project in Malawi and commercialisation of new magnet technologies.
De Beers seeks expressions of interest for Voorspoed mine in South Africa
De Beers Group today announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa.
African Legal Support Facility and Connex Support Initiative capacity building to strengthen corporate governance in extractives sector
The extractives sector has witnessed sustained increase in equity participation by governments throughout the African region in recent times.
Plans underway for offshore diamond mining vessel in Namibia
Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, today announced it is planning for the construction of the world’s largest custom-built diamond mining vessel.
Ghana sows the seeds for growth and jobs through minerals
Despite the significant contribution of the mining sector to the economy of Ghana, the country is far from tapping its full potential in creating strong and sustainable linkages, both within the mining sector and more broadly with other industrial activities.
Work on the framing of minerals classification system in Africa begins
A pioneering initiative leading towards a framework for mineral resource classification in Africa had has started with deliberations from African geological experts and classification specialists.
South Africa constitution comes to the fore in North African cargo dispute
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
South Africa mining industry sees turnaround in financial performance amid challenging operating environment, PWC mine report
2017 was another challenging year for South Africa’s mining industry in light of a decrease in dividends and market capitalisation, various retrenchments across the industry, and marginal increases in taxes paid.
[South Africa] Orion Minerals lists on the Johannesburg Stock Exchange
Orion Minerals, an Australian base metals firm with an active exploration and development programme in South Africa, has listed in the Gold Mining sector on the Main Board of the Johannesburg Stock Exchange (JSE).
Development of an African mineral resource classification system underway
A pioneering initiative to set up an African Mineral Resource Classification system based on the United Nations Frameworks Classification for Fossil Energy and Mineral Reserves and Resources is now unde
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