Strandline Resources has resumed project financing activities for the company’s Fungoni heavy minerals sands project priced at $30-million. The development comes after the definitive feasibility study (DFS) for the Fungoni project estimated that 302 300 t of saleable mineral sands product could be delivered over the six-year mine life, generating …
Read More »Online crane advisor comes to Africa
As competitiveness in Africa’s industrial space increase, Konecranes has launched Crane Advisor customer support tool. The online tool helps customers narrow down their crane options with customized recommendations. The tool already extensively used in North America and is now available in Southern Africa, with new features and content. “Crane Advisor …
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 »Concentrate exports ban force Acacia to sell doré
Acacia Mining has announced plans to produce only gold doré until the end of its life in 2020, at the company’s Buzwagi Mine, in Tanzania. The development comes on the backdrop of positive results from a processing trial that indicated that the mine is able to achieve gold recoveries of …
Read More »Tanzania builds walls around gemstone mines
President John Magufuli has ordered the army to build walls around Tanzania’s mines. “All tanzanite gemstones will be controlled and will pass through one gate,” said Magufuli in a statement, adding that the walls will control illegal mining and trading activities. This is the latest twist in a spat with mining …
Read More »Tanzania’s actions credit negative for Petra Diamonds
Petra Diamonds has temporary suspended operations at its Williamson Mine in Tanzania. The development comes after a government seized diamonds over valuation dispute on exports packages. Tanzania has indicated intentions to nationalise diamonds seized from Petra Diamonds, estimated to be worth $14.7 million by Diamonds and Gemstones Valuation Agency (DGVA). …
Read More »Tanzania government seizes export parcel from Petra Diamonds
LSE-listed Petra Diamonds confirms that a parcel of diamonds from the Williamson mine in Tanzania has been blocked from export to its marketing office. Petra Diamonds responds to reports that have recently appeared in the media about the findings of an investigation into the Tanzanian diamond sector by a parliamentary …
Read More »Synthetic diamond screening device hits market
The International Institute of Diamond Grading & Research (IIDGR), a De Beers Group company, has announced that the industry’s first synthetic screening device for set jewellery, SYNTHdetect, is now available. SYNTHdetect is the only synthetic screening device that has been designed specifically for jewellery retailers, allowing them to quickly and …
Read More »Miners urged to improve fire-detection systems
ASP Fire has emphasized the importance of fire-detection systems in underground mining citing that underground mining is an exceptionally hazardous environment, The professional and accredited fire risk management believes persons who work underground have limited means to escape in the event of any fire and calls for earliest possible warning …
Read More »RTS Africa spin filters help compressors ‘breathe’ easier
Air compressors used in industry are, for the most part, well-proven, reliable pieces of equipment, able to operate for years with relatively little maintenance. However, their very reliability can lead to problems when the quality of their intake air is neglected. “Many industrial air compressors work in very dusty conditions, …
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