Friday , July 30 2021
Home / Projects

Projects

Bosch Rexroth Tanzania distributor expands footprint using containerised hose workshop

Magare Company Limited, the newly appointed Sales Partner for Hytec Services Africa, has secured an HSA containerised hydraulic hose workshop to expand its reach in the country. The containerised workshop began to be active on January 1, 2021, strengthening Magare’s Mwanza branch’s capabilities to deliver hydraulic equipment and services to …

Read More »

Uganda’s Makuutu rare earth project gets a significant boost

ASX-listed Ionic Rare Earths The company on Wednesday announced that it had received binding commitments for the placement of 300-million shares at an issue price of 4c each, representing a 7% discount to Ionic’s ten-day volume-weighted average share price. The company also said it will raise A$12-million in a share …

Read More »

Decarbonisation will need more, better mining

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

Read More »

Shanta ends the year with higher reserves and resources

Aim-listed Shanta Gold has revealed that it has “produced another notable safety performance”. The company, through  CEO Eric Zurrin  in a production and operational results release, also states that it achieved its core objectives for 2020, with gold production and costs in line with guidance. Shanta owns the New Luika …

Read More »

Ecosystem under threat as mineral rush grips East Africa

Lake Victoria and the Mara River are at the mercy of the mining boom that has struck the border between Kenya and Tanzania. Recent innovations are a major challenge to the biodiversity of the Masai Mara and Serengeti game reserves, where annual wild beast migration, the World Wonder of the …

Read More »

SRK –Supporting mines in striving for zero harm

Rock-related accidents have reduced significantly in recent decades, due in large part to incremental improvements in rock engineering practice. According to William Joughin, chairman of SRK Consulting and himself a leading rock engineering expert, the company’s contribution in this field has included assisting mines with reviews of safety practices, as …

Read More »

Mining licensing ban affecting investment

Stakeholders in the Kenyan mining industry believe that the moratorium to renew mineral licences imposed by the Ministry of Petroleum and Mining last December is affecting the sector. The Kenya Chamber of Mines (KCM) and other stakeholders in the mining industry are calling on the government to lift a ban …

Read More »

Middle East, Africa mining industry increased by 16.7% in the second quarter

Data and analytics company GlobalData’s deals database shows that overall deal activity in the Middle East and African metals and mining industry increased by 16.7% in the second quarter. Twenty-eight deals worth $1.44-billion were announced for the region during the quarter, against the last four-quarter average of 24 deals. Of …

Read More »

Concerns raised over Acacia mining deal

Several leaders from the Western Kenya region among them Amani National Congress (ANC) chief Musalia Mudavadi, his Ford-Kenya counterpart Moses Wetang’ula and Sabati MP Alfred Agoi have sought details about the gold exploration and how Acacia Mining acquired mining rights. They said this as pressure mounts on the government to …

Read More »

Kefi on track to finalise Tulu Kapi financing by October, MRE for Hawiah next month

Aim-listed Kefi Minerals continues to progress talks with Ethiopian investors and international specialist mining financiers, with the aim of securing project equity ahead of closing the full financing package for the Tulu Kapi gold project, in Ethiopia, by October. The company remains focused on achieving key targets set out in February, including …

Read More »