Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company has started operations of its ultra-small plant and, with it, production of the company’s first gold. “However you look at it, production of our first gold is an important landmark for the company and is a real boost for …
Read More »Africa needs to safeguard against cyber-attacks in mining and energy
Throughout 2022, 40% of industrial control system (ICS) computers globally were attacked with malware. In Africa, the figure sits at 47%, according to Kaspersky. The three countries which experienced the most attacks on ICS infrastructure were Ethiopia (62%), Algeria (59%), and Burundi (57%). They are followed by Rwanda (46%), Kenya …
Read More »Tanzania’s Lindi Jumbo project secures construction loan
Walkabout Resources has signed a term sheet with Gemcorp, an emerging-markets focused investment fund manager, for up to US$25 million to complete construction of the Lindi Jumbo Graphite Mine in Tanzania. Andrew Cunningham, Walkabout Chief Executive Officer said Lindi Jumbo project is more than 85% complete to cost prior to …
Read More »Barrick honoured for tax citizenship in Mali
Mali government has honoured Barrick Gold Corporation’s Loulo Gounkoto Mine for its role in enabling the country’s tax department to achieve its revenue targets for 2022. Loulo-Gounkoto gold mining complex has become one of the largest taxpayer in Mali, The country’s Director of Large Enterprises presented both Loulo and Gounkoto …
Read More »Open data dialogue reach extractive, energy sectors
Over one thousand stakeholders from the extractive and energy sectors, will gather for the 2023 EITI (Extractive Industries Transparency Initiative) Global Conference, this year. The Extractive Industries Transparency Initiative is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance …
Read More »Energy revolution paves way for African mining
The global energy sector’s appetite for minerals – many of which can be sourced in Africa – is good news for the future of mining, and will no doubt be an important focus at this year’s Investing in Mining Indaba in Cape Town. However, the pressure on mines is still …
Read More »Sustained safety focus earns BME zero case rate
After five years of steadily implementing its Safety for Life brand, Omnia Group company BME has successfully achieved one of its key safety targets – a zero recordable case rate (RCR) – for the year ending January 2023. “We consider our zero RCR over the preceding 12 months as a …
Read More »US signs MoU with DRC and Zambia for Cobalt and Copper Mining and Processing for Electric Vehicle batteries
The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …
Read More »MINING INDABA 2023: INDABA SET TO FOCUS ON AFRICAN MINERALS CRITICAL FOR A GREENER FUTURE
Focusing on the ways Africa can optimise the opportunity to increase the supply of green metals for global energy demands while creating meaningful value for communities will be the emphasis of Investing in African Mining Indaba 2023 which takes place at the CTICC, Cape Town, 6 – 9 February 2023. …
Read More »Africa’s Moment: Becoming a global economic powerhouse
How youth and natural resources can drive the continent’s global economic and social leadership now Celebrating Heritage Month includes introspection of what we have achieved, and where we can take our countries and continent to, as African people. Africa is facing a turning-point opportunity to become a global economic powerhouse. …
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East African Mining News Unearthing Mining Opportunities in East Africa