Friday , October 23 2026

International

Ethiopia undergoes significant transformation in attracting foreign mining investment

The East African country of Ethiopia has undergone significant transformation in attracting foreign mining investment having undertaken legislative and tax reforms for its underdeveloped mining sector in recent years to encourage growth and investment to jumpstart its burgeoning mining sector. With an abundance of natural resources in several prolific mining …

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Virus vaccine hopes propel copper to a two-year high

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

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Mining Indaba 2021 goes virtually

Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio Director at Investing in African Mining Indaba the decision has been propelled by the on-going COVID-19 pandemic. “We are sorry to announce the 2021 edition …

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Barrick to spend $8million in Tanzania explorations

The Toronto-based mining company Barrick Gold, which operates three mines in the African country through Twiga Minerals, has announced that it will invest $8 million on exploration in Tanzania this year. The company also revealed that it has been granted 10 new exploration licenses in Tanzania, where it was until …

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Pix4D and SAP start a joint innovation project for the 3D inspection of transmission masts

Lausanne, Switzerland, Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …

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Mining licensing ban affecting investment

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 …

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Barrick Gold Corporation makes new appointments

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 …

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GV Gold increases production with the help of digital technologies

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%. …

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New MK-42 dump truck from GHH

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 …

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Congo’s gold smuggled smuggled in tonnes

According to a report, a group of the United Nations (UN) experts found that gold production in the East African region of the Democratic Republic of Congo (DRC) is being systematically underreported while tonnes of the precious metal are smuggled into global supply chains through its eastern neighbours. The Democratic Republic …

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