Wednesday , August 26 2026

News

Illicit Gold Rush Hits Canadian Miner’s Ethiopian Sites Amid Regional Conflict

Rising global gold prices, which have surged more than 50% this year, have ignited a significant illicit mining operation at two fully permitted gold properties owned by Vancouver-based East Africa Metals (EAM) in Ethiopia’s politically volatile Tigray region, according to a report by The Globe and Mail and the Bureau …

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$24bn Simandou Project Ships First Iron Ore to China

Guinea has shipped its first iron ore from the long-stalled $24 billion Simandou development, signalling the long-awaited operational start of one of the world’s most valuable untapped mineral deposits and marking a turning point in West Africa’s role in global steel supply chains. A deep-sea vessel carrying 200,000 tonnes of …

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The lube kitchen series part 12: anti-wear additives – the metal guardians in your oil

By Steven Lumley, technical manager, WearCheck Specialist condition monitoring company, WearCheck, keeps adding to the discussion about oil additives – the latest topic is anti-wear additives. What are they? Zinc dithiophosphate (ZDP), Zinc dialkyl-dithiophosphate (ZDDP) compounds, organic phosphates, Organomolybdenum compounds. What do they do? Reduce friction and wear How do …

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Poland and Uganda Forge Deeper Mining Ties at Kampala Conference

The Polish-Ugandan Mining Sector Conference, held on November 21, 2025, at the Mestil Hotel in Kampala, marked a significant step toward enhanced bilateral cooperation in the mineral extraction industry. Organized by the Polish Embassy in Nairobi and the Polish Investment and Trade Agency (PAIH), in collaboration with the Polish Geological …

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Why AI will never truly understand machines — and why that matters

Cutting-edge technology and solutions powered by artificial intelligence (AI) are embraced by specialist condition monitoring company, WearCheck, where the extreme accuracy of data used to assess and diagnose machine health is paramount. However, it is important that certain diagnostic responsibilities are not just assigned to AI tools without considering the …

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Kenya Sets Up Committee to Restart Kilimapesa Gold Mine – Update

London-listed Imara Gold, formerly Caracal Gold, has announced that Kenya’s Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Ali Joho has proposed the establishment of a Kilimapesa Gold Mining Resumption Committee to resolve outstanding disputes between Imara’s Kenyan subsidiary Kilimapesa Gold and the Moyoi community in Narok County. The …

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African Mining Indaba Puts Regional Integration on the Agenda as Key to Unlocking Mineral Value

South Africa—Africa’s ability to capture the full economic, industrial, and societal value of its vast mineral endowments hinges entirely on regional integration and a decisive shift from policy dialogue to co-ordinated action. That was the unequivocal message delivered by industry experts and policymakers at a media briefing for the Investing …

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President Appoints New Finance Chief, Keeps Key Ministers

The Tanzanian President Samia Suluhu Hassan has appointed the country’s Ambassador to China, Khamis Mussa Omar, as the new Finance Minister following last month’s disputed election. Announcing the reshuffle in a televised address on 17 November 2025, she confirmed that Anthony Mavunde would remain as Mining Minister and Mahmoud Thabit …

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Protecting African forest elephants, the miners of the Congo Basin

By: Christiana Freitag Deep within the rainforests of the Central African Republic’s Dzanga-Sangha Protected Areas, conservation teams are fighting to safeguard one of the last strongholds of the African forest elephant. Here, in a clearing known as Dzanga Bai, forest elephants gather by the hundreds — one of the few …

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AngloGold Ashanti Reports Record Cash Generation, Hikes Dividend Payout

AngloGold Ashanti, one of the world’s leading gold producers, delivered a robust financial and operational performance in the three months ended September 30, recording a 141% year-on-year surge in free cash flow (FCF) to a record $920-million. This massive increase was attributed to continued cost discipline, which allowed the company …

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