Business

Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …

Walkabout Resources has commenced  commissioning activities at the Lindi Jumbo Graphite Mine in Tanzania. According to the company, the development is a step towards full operation and critical minerals producer status. In its latest announcement, the commissioning process includes pre-commissioning, dry commissioning and wet commissioning and this process has commenced for …

HIGHER pricing and an increase in volumes saw Tanzania’s earnings from gold exports rise 42% in the year to November; this is according to an online news source. Citing the east African country’s central bank, the newswire said gold exports rose to $2.14bn in the year to November from $1.51bn …

Armed with hoes and spades, hundreds of locals, some with babies strapped on their backs, have converged at Namwalala stream in Mawero East B Village following the reported discovery of gold deposits in the area about a week ago. Mr Twaha Tebayise, an artisan miner, who has since relocated from …

The International Monetary Fund (IMF) has applauded steps taken to bring down inflation and stabilize the economy in Ethiopia. The initiatives include significant fiscal and monetary tightening by authorities in Ethiopia. “This has put in place a critical foundation for success of the Homegrown Economic Reform Agenda, which aims to …

Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. The announcement was made by German Chancellor Olaf Scholz in Berlin after meeting African leaders and heads of international organisations including the President of the African Development Bank Group Dr. Akinwumi Adesina, during the G20 Compact …

Orica and Caterpillar Inc. are teaming up to improve real-time data exchange and integrate workflows across the mining value chain. The collaboration is aimed at providing customers with intelligence to improve decision-making and optimise operations and the mining industry has started to unlock the potential of combining data, sensors, and …

Atlas Copco Group launched a new identity, including a new Group logo, a new visual identity, and a new tagline: Technology that transforms the future. The current blue and white Atlas Copco brand and logo will continue to be used on products and services, in the same way as other …

Tanzania and Barrick Gold Corporation are working together to create sustainable value for all stakeholders, says president and chief executive Mark Bristow. Bristow said Barrick’s pioneering Twiga partnership with the government, which equally shares the economic benefits generated by the North Mara and Bulyanhulu mines, should be a model for …

The key to Africa’s energy transition is connecting investors to the opportunities in the continent’s emerging renewables sector. Foreign direct investment can be the secret to our success. Developing a new global energy mix requires partnerships – at every level. These partnerships can take several forms. They can be interpersonal …