News

Johnson Controls is seeing stable demand growth for its robust cooling solutions, as mining operations in Africa expand into more remote locations and to significantly greater depths. Neil Cameron, Johnson Controls Africa General Manager said the multinational heating, ventilation and air-conditioning (HVAC) equipment producer said political and legislative uncertainty coupled …

Wood Mining & Minerals international engineering, project and technical services company says countries that boast favourable mining regulations will capitalise once the industry improves. Trevor Anderson, the firm’s Europe, the Middle East and Africa Business Development Director there are encouraging signs indicating an upturn in the industry. “I am optimistic …

German industrial group Siemens has set its eyes on the East Africa’s energy industry “The smart money is on East Africa,” said Lukas Duusema, CEO, Siemens Eastern Africa. He believes Africa’s new economic powerhouse is taking root in Eastern Africa, with Ethiopia and Kenya taking the lead, and Tanzania and …

Shanta Gold has received a $3.4-million value-added tax (VAT) refund from the government of Tanzania. The refund is made up of a $1.9-million offset against corporate taxes payable in 2016 and 2017 and a cash payment of $1.5-million. Shanta’s VAT receivable balance has reduced to $13.4-million. In August, Shanta Gold  cancelled …

Graphite exploration and development company Volt Resources Limited (VOLT) receives firm commitments to raise an additional $900,000 following their recently shared Share Purchase Plan (SPP). Volt raised $2.338 million, and has in thus received firm commitments to raise an additional $900,000 via a Top‐up placement from sophisticated and professional investors. …

Ethiopia has signed a mining agreement with Yara International for the development of Yara Dallol Potash Project. Located in the Afar region in Ethiopia’s north is expected to have production capacity of approximately 600,000 tonnes of  Sulphur of Potash (SOP) per year, equivalent to approximately 10% of the global market. …

Kibaran Resources’ Epanko project, in Tanzania, has flagged the potential trebling of planned battery-grade graphite production. Andrew Spinks, Managing Director recently told shareholders that the optimisation testwork had confirmed the positive results. Kibaran’s new purification process uses simple chemicals without the need for hydrofluoric acid. Spinks said development has potentially …

Mahenge graphite project developers Black Rock Mining is working on raising A$4.75-million to fund the project’s definitive feasibility study. According to the company, an initial A$4.2-million is to be raised through the placement of 70-million new fully paid ordinary shares, at 6c each to institutional and sophisticated investors. The placement …

Kenya is mulling the introduction of nuclear power generation capability through the Kenya Nuclear Electricity Board, established in 2014, to catalyse development. This comes at the backdrop of Uganda drafting the Atomic Energy Bill in 2008 to regulate the use of ionising radiation and provide a framework to develop nuclear …

As intentions to increase mine-to-market value heighten in the Rio Tinto stable, the company has created a high profile position to stir this endevour. According to the company it intends to reinforce its focus on driving value across the business from mine to market with the appointment of Simon Trott …