Features

Stakeholders in the Kenyan mining industry believe that the moratorium to renew mineral licences imposed by the Ministry of Petroleum and Mining last December is affecting the sector. The Kenya Chamber of Mines (KCM) and other stakeholders in the mining industry are calling on the government to lift a ban …

Data and analytics company GlobalData’s deals database shows that overall deal activity in the Middle East and African metals and mining industry increased by 16.7% in the second quarter. Twenty-eight deals worth $1.44-billion were announced for the region during the quarter, against the last four-quarter average of 24 deals. Of …

Several leaders from the Western Kenya region among them Amani National Congress (ANC) chief Musalia Mudavadi, his Ford-Kenya counterpart Moses Wetang’ula and Sabati MP Alfred Agoi have sought details about the gold exploration and how Acacia Mining acquired mining rights. They said this as pressure mounts on the government to …

Barrick Gold Corporation has reinforced its team by making new appointments in the newly created positions of Africa and Middle East Exploration VP, and Latin America and Asia Pacific exploration VP. TSX- and NYSE-listed gold miner has appointed eminent geologists Aoife McGrath and Leandro Sastre in the position of Africa …

GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …

Aim-listed Kefi Minerals continues to progress talks with Ethiopian investors and international specialist mining financiers, with the aim of securing project equity ahead of closing the full financing package for the Tulu Kapi gold project, in Ethiopia, by October. The company remains focused on achieving key targets set out in February, including …

Danakali now has 36 months from the submission of a notice to start mining for its Colluli potash project. Its notification for the completion of the project, in which some $200 m will be spent, was recently accepted by the Ministry of Energy and Mines of Eritrea (MoEM). The Government …

Tanzanian Gold has strengthened its balance sheet by converting US$8.4 million of outstanding gold loans and convertible loans into common shares. The Company has also signed a flexible financing agreement for up to US$14 million of unsecured convertible debentures with institutional investors Riverfort Global Opportunities PLC. and YA II PN, Ltd. …

Business mogul Haren Kumar Mandavia revealed that Kajiado County is an ideal investment area for his company and forms part of his expansion strategy. Shreeji Minerals a subsidiary of Shreeji Merchandising Group announced multi-billion investments into the mining sector. “This kind of investment is aimed at creating jobs to the …

The Red Dot Jury has made its decision: MK-42 emerged victorious from the Red Dot Product Design Award 2020, and won a Red Dot for its good design quality. This means that GHH is one of the winners in the world’s most renowned design competition. The MK-42 is a 42 …