Features

Welcome to Nairobi, the city of gold scammers, a city where many have lost millions of dollars to bling-bling-wearing fraudsters, who have tentacles and partners across Africa — from Kampala to Lagos, Kinshasa to Niamey. Their victims are mostly foreigners who, after realising they were conned, resort to court cases …

Red Rock Resources, an Aim-listed resource company, reports that it has completed 1 744 m of reverse circulation drilling at the Mikei gold project in Kenya. A 2 000 m drill program is underway at the KKM Central prospect in the project’s western area. The company is drilling 17 holes …

Kenya’s mining industry, which is expected to generate US$200 million in 2020, is expected to expand as more companies begin production next year. After Shanta Gold, a mining company with operations in Kenya and Tanzania, announced that additional visible gold has been identified in seven different intersections, the western part …

Tanzania is reaping the benefits of its enormous mineral resources thanks to important operational reforms done by the State Mining Corporation (STAMICO). Since its inception in 1972, the mining corporation has gone from strength to strength, reducing its reliance on the government from 100% to only 22% now. Dr Dotto …

Many African governments take a short-term, predatory approach to the sector, playing to populist rhetoric, rather than engaging it as a long-term developmental partner. Africa has the potential to be the continent of the future in the mining industry. However, if government’s approach mining companies in a predatory manner, this …

Mining corporations are considering investing in nations that they previously deemed too hazardous, such as the Democratic Republic of the Congo and Zambia, owing to a shrinking pipeline of large copper mines elsewhere and record-high prices. Because of investor concerns about unpredictable regulatory regimes, difficult working conditions, and corruption, some …

The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …

Mr Robert Wafula pours ore onto a sluice deep in the rural village of Tiira in Busia District. “When this ore is mixed with water and poured on this sluice, the gold sediment sticks to the blanket,” Mr Wafula explains as other miners look on. Following that, he collects the …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

Due to robust demand and restricted supply, tin and aluminium prices are expected to outperform the rest of the basic metals complex in the second half of 2021, according to Antaike, a state-backed Chinese research agency. “Tin and aluminium are still much stronger than other metals, followed by nickel and …