Thursday , October 29 2026

Grace Kisembo

Exploration and mining software system supports and sustains increased exploration in Africa, says Specialist

Mineral Resource Management Specialist Minrom CEO Oscar van Antwerpen has revealed that the new mining software system allows companies to monitor and manage the licences, as well as receive timely warnings of missing documents or regulatory needs. The exploration and mining licence management software system is already in operation in …

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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 …

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TGC developing a gold mine at its Buckreef project

Tanzania Gold Corporation (TGC) is in the process of developing a significant gold mine at the Buckreef project, in Tanzania. The NYSE- and TSX-listed company has drawn down an initial $4-million in funding from a $14-million unsecured convertible debenture it has with institutional investors Riverfort Global Opportunities and a hedge …

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Barrick Gold Corporation makes new appointments

Barrick Gold Corporation has reinforced its team by making new appointments in the newly created positions of Africa and Middle East Exploration VP, and Latin America and Asia Pacific exploration VP. TSX- and NYSE-listed gold miner has appointed eminent geologists Aoife McGrath and Leandro Sastre in the position of Africa …

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GV Gold increases production with the help of digital technologies

GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …

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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 …

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Eritrea, Danakali in agreement over potash mining development plan

Danakali now has 36 months from the submission of a notice to start mining for its Colluli potash project. Its notification for the completion of the project, in which some $200 m will be spent, was recently accepted by the Ministry of Energy and Mines of Eritrea (MoEM). The Government …

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Tanzania Gold gives updates on its financials

Tanzanian Gold has strengthened its balance sheet by converting US$8.4 million of outstanding gold loans and convertible loans into common shares. The Company has also signed a flexible financing agreement for up to US$14 million of unsecured convertible debentures with institutional investors Riverfort Global Opportunities PLC. and YA II PN, Ltd. …

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Business Mogul explains mining investment decision

Business mogul Haren Kumar Mandavia revealed that Kajiado County is an ideal investment area for his company and forms part of his expansion strategy. Shreeji Minerals a subsidiary of Shreeji Merchandising Group announced multi-billion investments into the mining sector. “This kind of investment is aimed at creating jobs to the …

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DRC Mining Minister: “We want to position DRC as a key cobalt producer on the international stage”

Democratic Republic of Congo Mining Minister, Prof Willy Kitobo Samsoni, stated that the country aims to position DRC as a key cobalt producer on the international stage. He said this while responding to questions that had been submitted by the audience during the live session. Following 17 June’s opening keynote …

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