With coronavirus affecting a lot of industries around the world and nearly crippling economies in its wake, there’s reason to believe that the pandemic will as well mar Africa’s mining, especially the sector of gold. Over the years, huge mining operations in Africa have generated significant profits for foreign companies. …
Read More »MICROMINE UPGRADE COMING SOON!
Set to help mine planners, designers prepare prospective regions accurately MICROMINE has expanded its suite of intuitive mine planning tools which will be available in a significant upgrade pack to be released next month, the company has revealed. The software specialist, which is a market leader in mine design and …
Read More »ARM look to dispose of its Rwanda, SA subsidiaries
Athi River Mining (ARM) is reportedly seeking to dispose of its Rwanda and South African subsidiaries to pay off $284 million owed to creditors. The troubled cement maker has a mountain of debts owed to creditors in Kenya ($170 million), Tanzania ($110 million) and Rwanda ($4 million). Administrators of the …
Read More »Lake Victoria sand miners defy Govt directive
Despite the recent presidential directive to the Minister of Water and Environment to clear all wetlands, riverbanks and lakeshore of encroachers sand mining seem to have resumed on the shores of Lake Victoria. The mining site, at Buwaya-Nakiwogo in Wakiso District, is said to be owned by a businesswoman in …
Read More »Africa must support African supply chains to unlock sustained economic growth
The current Covid19-related economic challenges both locally and throughout the Africa starkly highlight the need for pan-African companies and governments to support African supply chains, and in so doing, to boost economic activity on the continent. This can be achieved by procuring the production of goods and services for infrastructure …
Read More »African Utility Week and POWERGEN Africa goes virtual in May
The free online event will feature world-class speakers, insightful programme, matchmaking. The organisers of African Utility Week and POWERGEN Africa have announced that a free, virtual conference will take place in May. “Although the event was recently postponed to November,” says event director Evan Schiff, “we recognise that the need for information, expert …
Read More »MICROMINE Africa boosts Software offering with the launch of the subscription model.
Mining software solutions provider MICROMINE has launched a new pay-as-you-go subscription model for African clients to keep pace with industry need. The Australian-headquartered company, with a regional office based in Johannesburg, offers software solutions that span the mining lifecycle – from geological exploration and data management to resource estimation, 3D …
Read More »GHH’s New MK-42 to beat them all
The German manufacturer of heavy machinery for mining, tunnelling and civil engineering, GHH has unveiled a new dump truck, the New MK-42. According to the company, through a press statement, the dump truck consists a payload of up to 45 tonnes, which is not only one of the largest of …
Read More »Rwandan tin smelter certified as a responsible mineral procurer
The successful assessment of LuNa Smelter as compliant to the Responsible Minerals Assurance Process validates the company’s management processes for responsible mineral procurement. The tin smelter company was certified as fully compliant to the requirements of the Organisation for Economic Co-operation and Development’s (OECD) Due Diligence Guidance for Responsible Supply …
Read More »Coronavirus: Africa might be the biggest loser
Researchers believe the spread of coronavirus in Asia might condemn the African continent to be the biggest loser outside Asia; this is despite the absence of a single case being confirmed thus far. According to Dirk Willem te Velde, principal research fellow at the Overseas Development Institute, a slowdown in …
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East African Mining News Unearthing Mining Opportunities in East Africa