News

Due to the large size and weight, this 9.5MW 11KV WEG electric motor has to be disassembled for shipment and reassembled on the offshore FPSO off the coast of Ghana. Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, …

Scandinavian-based Ethiopian gold exploration and boutique mining company Akobo Minerals has announced plans to apply for trading on the OTC Markets platform in the US In addition, the company intends to secure a Nkr 30-million convertible loan and  believes there are several benefits of having an additional US-based quotation for …

Africa-focused Allied Gold, which on Monday listed on the TSX, has approved the expanded Kurmuk project, in Ethiopia, earmarking $500-million for a two-phase development plan. Kurmuk is now planned as a 240 000-oz/y gold mine with all-in sustaining costs (AISC) targeted below $950/oz, with a strategic mine life extending for …

Ionic Rare Earths have revealed that their partnership with Ford Technologies, Less Common Metals (LCM) and the British Geological Survey will harness technology to accelerate the mining, refining and recycling of magnet and heavy rare earths critical for energy transition, advanced manufacturing, and defence. ASX-listed Ionic Rare Earths has inked …

Walkabout Resources has reported near completion on construction at the Lindi Jumbo graphite mine in Tanzania. “The availability of capacity under our Senior Debt facility has enabled the project to make scope changes to further de-risk and potentially lower the cost of future operations. The near completion of construction means …

KCC recruiting for 50 graduate and apprenticeship positions over the course of 2023 Partnerships and scientific visits established between KCC and local schools and educational institutions to assist with aligning theory and practice Up to 245 on-site internships for university students, ranging from two weeks to six months, offered in …

Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has signed an agreement with MKS PAMP for a range of gold refinery-related services. The company – one of the most respected precious metals industry players – is an …

With a low capex and the highest-grade graphite reserve of any undeveloped graphite project in Africa, ASX-listed Walkabout Resources’ Lindi Jumbo project has all the makings of being a game changer for the Tanzanian mining sector. CEO Andrew Cunningham says despite a few delays, it is all systems go to …

Africa Energy Indaba has been hosting riveting discussions covering the deployment of renewable energy innovations to bridge continental energy gaps. Rapid advancements related to technology have certainly rendered life easier than ever before. However, such progression is driven by energy and many regions in the world are quickly running low …

Indiana Resources (ASX: IDA) announced Tuesday that its dispute with the United Republic of Tanzania, which was the subject of arbitration through the International Centre for Settlement of Investment Disputes, part of the World Bank, has been settled, with $109.5 million awarded to the company. The Tribunal delivered the award …