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Diamond Producers to continue operations despite COVID-19 outbreak

Even in these uncertain times, traditional diamond producers remain confident about future demand. Despite the current COVID-19 outbreak, on Friday (27th March), Anglo American announced that production will continue across several African diamond assets with considerably reduced employee numbers. Individual mines will continue operating with only 50% of workers remaining. …

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CSOs demand Govt close loopholes hurting mining tax revenue

Civil Society Organisations in Uganda are demanding that the government takes up appropriate action to close loopholes that are hurting mining tax revenues in the country. This call was made in reaction to the Auditor General’s Report which concluded that under assessment of payment of royalties in the mining sub-sector …

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Handing Back Colonial-Era Mining Data will support Rwanda’s mineral exploration efforts, says RMB

The move by Belgium to hand back the data on geology and mining on Rwanda which was recorded during the colonial era will support Rwanda’s mineral exploration efforts. This is according to Francis Gatare the Chief Executive Officer (CEO) of Rwanda Mines, Petroleum & Gas Board (RMB). Gatare said the …

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Rwandan tin smelter certified as a responsible mineral procurer

The successful assessment of LuNa Smelter as compliant to the Responsible Minerals Assurance Process validates the company’s management processes for responsible mineral procurement. The tin smelter company was certified as fully compliant to the requirements of the Organisation for Economic Co-operation and Development’s (OECD) Due Diligence Guidance for Responsible Supply …

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WearCheck expands in West Africa

South African condition monitoring specialists, WearCheck, today upgraded their laboratory in Tarkwa, Ghana into a state-of-the-art testing centre which can now conduct transformer oil, coolant and fuel analysis – amongst a host of additional services – as well as traditional used oil analysis. Tarkwa’s new laboratory – now housed in …

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ICGLR discuss ways to end illicit gold trade in East and Central Africa

International Conference of the Great Lakes Region (ICGLR) mining officials are set to meet next month to discuss the body’s Artisanal and Small-Scale Gold Strategy which calls for harmonization of gold export procedures including taxation and traceability. The strategy is believed to be the panacea to rampant smuggling of gold …

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Shanta and Barrick to partner in Kenya

Shanta Gold is set to partner Barrick Gold after acquiring 100% shares of its Kenyan subsidiary Acacia Exploration Kenya (AEKL). The East African mining firm signed a definitive agreement to buy 100% of the shares of AEKL. Shanta Gold CEO Eric Zurrin said the move is a significant one as …

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Governments invest more in Mining Indaba

Organisers of the Mining Indaba have revealed that governments are leading the way in investing at the mining jamboree. Forty countries were represented at this year’s Investing in African Mining Indaba to promote the continent’s mining sectors to a global audience of investors, suppliers and other key stakeholders. According to …

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2020 will likely be a turning point for sustainable finance in Africa’s mining sector

As corporates proactively implement measures to operate more responsibly and improve their Environmental, Social and Governance (ESG) performance, 2020 is shaping up to be a watershed year for sustainable finance in Africa. The continent’s mining sector is likely to be among the adopters of sustainable finance products, particularly as mining …

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Engagement with the alternative mining indaba key-mining stakeholders

Mining stakeholders at the Mining Indaba currently happening in Cape Town have expressed satisfaction in the engagement they had with the Alternative Mining Indaba. The African Union, the Minerals Council South Africa, Mining Indaba, the International Council of Mining and Metals and South Africa’s Department of Mineral Resources on Wednesday …

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