Africa

Reports on the acquisition of Mkuvia gold property and Fakawi gold property by Zanzibar Gold Inc have been publicly aired. The Mkuvia property located in the Nachengwea area of southern Tanzania has had small scale local placer operators mining gold from the property since 2005. A preliminary operation plan was …

Sawa Minerals, a tech-driven company has created and launched a platform that will transform how gold is mined and sourced across Africa and the developing world. The platform has been designed in such a way that it is easy to buy ethically mined gold from artisans and small scale miners …

Nordgold has expanded its investment in Burkina Faso, as one of the country’s largest gold producer and a major economic contributor The miner currently runs three mines in the country that produce over 360 thousand ounces of gold, accounting forr approximately 40 percent of the company’s total annual production. Currently …

The University Of Witwatersrand School Of Mining Engineering has again scooped a better position in the QS World University Rankings to 13th place in 2019. The latest achievement allows it to retain its position as the highest ranked school at Wits University as it is also the only mining school …

Africa focused energy company – Kibo Energy has today signed a binding term sheet with Sanderson Capital Partners for the conversion of the latter’s 2.5 percent equity interest in the Tanzanian subsidiary, Mbeya Development Company Limited. Mbeya Development is the holder of the company’s physical 120.8Mt Coal Resource in Tanzania. …

Two major African mining economies’ presidents addressed the Investing in African Mining Indaba in South Africa, this year.   South African President Cyril Ramaphosa and Nana Akufo-Addo of Ghana shared their thoughts with audience of government representatives, investors, mining companies, the media, NGOs and others.   “This Indaba offers us …

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …

The Fortune 150 listed company, Cummins Inc. is celebrating its 100th year as a company throughout 2019. With employees over 60 000 worldwide and serves customers in nearly every country across the globe, Cummins products range from diesel and natural gas engines to hybrid and electric platforms, as well as …

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia, as part of the company’s first investment in the country. “Oranto Petroleum is committed to an aggressive work program to increase the level of prospectivity in one of the world’s last true frontier markets,” said Prince Aurthe …

Tanzania-focused mineral sands developer Strandline Resources has signed a binding sales contract for 100% of the ilmenite to be produced over the life of mine at the Fungoni minerals sands project currently under development in Tanzania. Tanzania – Strandline Resources signed the binding sales agreement with China’s Maoming Ubridge Group …