Petra Diamonds has been granted authorisation to resume export and sales of diamonds from its Williamson mine. Details of the timing and process for the next diamond parcel to be exported to Petra’s marketing office in Antwerp are soon to be finalised between government and the miner. Meanwhile no resolution …
Read More »Illegal mining stick with SA amid financial turnaround
PwC SA’s latest mining report on the country has revealed that the value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7 billion per year. Researchers from the firm suggest that gold sector has been the most adversely impacted by …
Read More »Strandline Resources ready to contribute to Tanzanian economy
ASX-listed Strandline Resources has submitted the mining licence application for the Fungoni project to the Ministry of Energy and Minerals of Tanzania. The application by Strandline Resources has been prepared in light of the advanced engineering work conducted to date as part of the almost-completed DFS and the recently promulgated …
Read More »Mining operations at Namoya mine temporarily suspended reports Banro
Dual-listed Banro says as a result of a road closure at its Namoya mine in the DRC, mining operations at the Namoya mine have been temporarily suspended. Banro states the road access closure is due to the activities of local groups against both the local populations and against the (Democratic …
Read More »Uganda’s oil prospects shine
New entrant into the oil and gas market, Uganda plans to build the longest electrically heated crude oil pipeline. The country intends to build an oil pipeline stretching from Uganda oil fields to the Tanzanian port of Tanga. Estimated to be one of the most expensive projects consisting of upstream, …
Read More »Kenya’s mining star is shining bright – Satchu
Kenyan investment and business guru Aly-Khan Satchu has bemoaned negative propaganda on the country’s mining industry. Satchu, the Chief Executive Officer of Rich Management Ltd said the nation need to be wary of the resource nationalism argument, adding that government has a crucial role to play. “The government needs to …
Read More »Kenya’s laws close out foreign miners
East Africa’s member states’ mining and engineering laws are weighing down on free movement of labour in the bloc. Over the last two years, East African countries have introduced at least six new laws that make it difficult for people to move and work freely in the region. Kenya leads …
Read More »Tanzania’s Imweru project to start work on second Esia
United Kingdom headquartered Katoro Gold has received a green light to continue its second phase environmental and social-impact assessment (Esia) at its Tanzania-based Imweru project. “We are extremely pleased with the sustained momentum and progress on the Imweru resource development programme,” Chairperson Louis Coetzee citing that government has issued the …
Read More »TAKRAF appoints agent in Botswana
Tenova TAKRAF Africa strengthens its Botswana ties with the appointment of a local agent. Global mining, materials handling, minerals processing and equipment supplier, Tenova TAKRAF Africa has appointed Etuba Engineering, as its agent in Botswana. The appointment is expected to support the TAKRAF Africa’s ability to respond to the unique …
Read More »Nigeria’s Shoreline Energy multiplies country’s gas supply
Shoreline Energy Limited parent company of Gasland Company Ltd. and Shell Petroleum Development Company of Nigeria Limited (SPDC) have signed an agreement to explore opportunities to buy, market, distribute and sell natural gas to consumers and companies in the Victoria Island, Ikoyi, Lekki, and Epe areas of Lagos. “The partnership …
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