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Africa Must Benefit the Most From Mineral Wealth

President Cyril Ramaphosa says the time has come for Africa to benefit from its mineral wealth and be a producer of value-added goods. The President made the impassioned plea during the opening ceremony of the second Africa Investment Forum at the Sandton Convention Centre in Johannesburg. Approximately 2 000 delegates …

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Russia Digitalises Africa’s Mining Sector to Increase Output

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment utilisation …

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Diamond exploration licenses returned to semi-industrial companies and cooperatives in Angola

The return of licenses to 241 companies and semi-industrial diamond mining cooperatives in seven provinces of Angola will allow the creation of at least 20,000 jobs, the national director of Mineral Resources said on Friday in Dundo. André Buta, who spoke at the end of the delivery of 31 of …

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Kouri Project underway in Burkina Faso

The Kouri project by Golden Rim Resources is seen to be making stable drilling progress in Burkina Faso, West Africa. According to the company RC drilling commenced in the river channel area of the Footwall Shear, following up a recently obtained high-grade drill intercept of 4m at 44.7 grams per …

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Gold and Copper mining licenses accorded to East Africa Metals

The Ethiopian Government has approved the mining license for East Africa Metals to proceed with the Mato Bula Gold Copper and Da Tambuk Gold Deposits at its Adyabo project within the country. The mining license agreements for Mato Bula and Da Tambuk have been formally approved by the Ministry of …

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Power projects commences in Ghana

Construction works at Ghana’s biggest power Bulk Supply Point (BSP) at Pokuase in Ga West have commenced. The President of Ghana, Nana Addo Dankwa Akufo-Addo, recently turned the sod at an event that marked the start of construction at a project that will change the future of energy supply in …

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Walkabout Resources offshoots first project

The first international project “early-start” by the emerging African graphite producer Walkabout Resources has started to commence procurement, manufacturing and site works for the Lindi Jumbo graphite project. Simultaneously with “early-start”, the company has finalised a placement of US$3.1 million at a price of A$0.23c which is a 10% discount …

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Zanzibar Gold eyes two assets for acquisition

Reports on the acquisition of Mkuvia gold property and Fakawi gold property by Zanzibar Gold Inc have been publicly aired. The Mkuvia property located in the Nachengwea area of southern Tanzania has had small scale local placer operators mining gold from the property since 2005. A preliminary operation plan was …

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Africa’s first gold trading platform launched

Sawa Minerals, a tech-driven company has created and launched a platform that will transform how gold is mined and sourced across Africa and the developing world. The platform has been designed in such a way that it is easy to buy ethically mined gold from artisans and small scale miners …

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Nordgold footprint expands in Burkina Faso

Nordgold has expanded its investment in Burkina Faso, as one of the country’s largest gold producer and a major economic contributor The miner currently runs three mines in the country that produce over 360 thousand ounces of gold, accounting forr approximately 40 percent of the company’s total annual production. Currently …

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