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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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Coronavirus: Africa might be the biggest loser

Researchers believe the spread of coronavirus in Asia might condemn the African continent to be the biggest loser outside Asia; this is despite the absence of a single case being confirmed thus far. According to Dirk Willem te Velde, principal research fellow at the Overseas Development Institute, a slowdown 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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Players expect improved performance, reduction in frequency and severity of TSF-Mining delegates

The controversial issue of Tailings Storage Facilities (TSF) construction and management following a spate of disasters over the last 24 months was unpacked during a breakfast discussion by leading mining services companies Fraser Alexander, Knight Piesold and Webber Wentzel on the sidelines of the annual Investing in Africa Mining Indaba …

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Positioning East Africa as the real destination for oil and gas investment

More than 500 senior oil and gas executives are expected to attend the East Africa Oil & Gas Summit & Exhibition (EAOGS 2020) when it returns to Nairobi from 18-19 March The renowned event, which is the largest of its kind in East Africa and officially supported by the Ministry …

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Gold exports from Tanzania rise 42% in year to November on the back of higher pricing

HIGHER pricing and an increase in volumes saw Tanzania’s earnings from gold exports rise 42% in the year to November; this is according to an online news source. Citing the east African country’s central bank, the newswire said gold exports rose to $2.14bn in the year to November from $1.51bn …

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Empire Cat donates truck for raffle

Empire CAT of Phoenix, AZ, has donated a 2020 GMC Sierra 2500 SLT Diesel truck valued at $70,000 as the grand prize for the Society for Mining, Metallurgy & Exploration Foundation (SMEF)  Benefit Truck Raffle. The proceeds are to support critical education, outreach and professional development programs for SMEF. “Empire …

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