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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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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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UK-AFRICA SUMMIT: Britain makes a small first step towards green technology

Climate campaigners have described the announcement by the British government to suspend financial support for thermal coal as a “small first step.” The British Prime Minister, Boris Johnson announced at the inaugural UK-Africa summit that the government will suspend financial support for thermal coal as part of efforts to present …

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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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East Africa Metals receives final payment in Adyabo transaction

East Africa Metals has received the final payment of US$600,000 from Tibet Huayu Mining as part of the closing of the transaction as it purchased a 70% interest in the company’s Adyabo Project. Andrew Lee Smith, East Africa Metals’ CEO, is reportedly travelling to Addis Ababa, Ethiopia to meet with …

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Mahenge Liandu mine design nearing completion

The mine design for investment group Armadale Capital’s Mahenge Liandu graphite project, in Tanzania, is being finalised, following a site visit by the project engineer. The mine design, which will be optimised to ensure high-grade areas are targeted first, will be included in a definitive feasibility study (DFS) for the …

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Regional mining pioneers Ivanhoe, TechMet, Montero Mining and others to attend the East & Central Africa Mining Forum in Kigali

“Important to share geological information across the region” “Kamoa-Kakula, which now ranks as the world’s largest undeveloped high-grade copper discovery, represents the discovery of a previously unrecognized and richly endowed district within the Central African Copperbelt – geologically distinct, yet geographically next door to the well-known Kolwezi deposits. We have …

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Kenya now lays ground for crude oil pipeline

An oil pipeline. Due to the waxy nature of Kenya’s crude, the pipeline will be much more expensive to build and operate than a normal pipeline because the crude will need to be heated to 85 degrees along the line. Kenyan has commenced surveying the route of the Lokichar-Lamu pipeline …

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Barrick’s offer would alter Tanzania protective mining law

Canadian miner Barrick Gold Corp, the majority owner of London-listed mining firm Acacia Mining Plc, is proposing a plan that could reverse some of the gains Tanzania is seeking in a deal with the embattled company. Barrick’s proposed Framework Agreement with the Government of Tanzania seeks to have mining companies …

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Kenya signs milestone crude oil processing deal with firms

The Kenyan government has signed agreement with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60.000-80.000 barrel per day crude processing facility for oil discovered in the county’s northwest. The petroleum and mining ministry said on Twitter on Tuesday that the head of term agreements were …

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