Joint ventures, rather than outright acquisitions, have the advantage of spreading the risks associated with complex minerals that may not provide the margins of the traditional bulk commodities. As the trend gathered pace, the world’s largest listed BHP Group (BHP.AX), this month said it had spent $40 million to advance …
Read More »Unlicensed sites posing a risk to the miners
Nyanza Regional Mining Officer Ben Bera said illegal mining was rampant in the area adding that stern action shall be taken against those involved. The Department of Mines and Geology is set to launch a crackdown on illegal mines in the Nyanza Region to avert loss of lives occasioned by …
Read More »Renewed hope for renewables-powered hydrogen project in Africa
According to solar trade body the Africa Solar Industry Association (AFSIA), Plans for a huge renewables-powered green hydrogen project in Botswana and Namibia have been expanded fourfold, from 1GW of generation capacity to 5GW. The project, in Southern Africa, was among the examples cited by the trade body as evidence …
Read More »Minister advises Miners to work with villagers in their expansion initiatives
Minerals Deputy Minister Dr Stephen Kiruswa has directed the investor to ensure they get the approval of the villagers as they expand and change land use in the areas from pasture land to a mining field. The government also ordered mining firms to adhere to the country’s mining laws and …
Read More »Shanta Gold extends life of its New Luika gold mine to 2026
Shanta Gold has extended the life of its New Luika gold mine, in Tanzania, to at least the end of 2026, while the mine life of its Singida project, also in Tanzania, remains unchanged to the end of 2029. The company has replaced the ounces it mined in 2021 with …
Read More »BHP reports lower volumes at Olympic Dam due to a planned smelter maintenance campaign
BHP has reported lower volumes at Olympic Dam due to a planned smelter maintenance campaign, completed in January 2022. This was partially offset by higher volumes at Antamina. Escondida copper production decreased by 15% to 488 000 t due to concentrator feed grade decline, despite a record performance for material …
Read More »Is Kenya turning into a hub for gold scammers?
Welcome to Nairobi, the city of gold scammers, a city where many have lost millions of dollars to bling-bling-wearing fraudsters, who have tentacles and partners across Africa — from Kampala to Lagos, Kinshasa to Niamey. Their victims are mostly foreigners who, after realising they were conned, resort to court cases …
Read More »Online platform to connect miners with customers
Global mining industry captains launched an online platform to connect miners with customers such as smelters and sign deals without the need of brokers. In a complete walk away from traditional physical trading of minerals between producers, middlemen and buyers, the global mining industry is fully transiting into digital operations. …
Read More »Omnia’s BME launches its most advanced electronic blast detonation system
Safe and efficient blasting has taken a momentous step forward with Omnia Group company BME’s launch of AXXIS Titanium™, one of the world’s most advanced electronic blast detonation systems. BME Managing Director Ralf Hennecke has hailed AXXIS Titanium™ as a significant advance for the company’s ever-evolving technology offering, securing BME’s …
Read More »Miners needs protection from covid: NIMR
THE National Institute for Medical Research has stressed the need for health experts to continue visiting the mining areas to educate the group on the importance of Covid-19 vaccines to protect miners against the pandemic which may affect their activities. NIMR has urged mine workers in the country to get …
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East African Mining News Unearthing Mining Opportunities in East Africa