Anne Kabagambe is now the new independent director of Barrick Gold. The former executive director of the World Bank and has been welcomed as a new addition to the board were she will be representing the interests of 22 Sub-Saharan African countries. These include Tanzania and Zambia, where Barrick has …
Read More »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 …
Read More »WearCheck’s new transformer monitoring technology gives speedy results
Condition monitoring specialists, WearCheck, recently invested several million Rand in four brand new laboratory instruments for their flourishing transformer division laboratories in Johannesburg, Durban and Cape Town. WearCheck managing director Neil Robinson says the company’s investment in the equipment has relieved some of the current sample volume pressure and reduced …
Read More »Rwanda looks to mining to Shore Up Forex Revenues
Rwanda Officials are now looking at mining with the expectation that the sector will be able to boost the country’s economic recovery in the medium term. The country is looking at ways to increase the production of minerals to attract more foreign exchange earnings after the Covid-19 outbreak, which has …
Read More »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 …
Read More »Mobile drum tipper with safety cage
A new mobile TIP-TITE® Drum Tipper with safety cage allows hands-free, automated dumping of bulk solid materials from 115 to 200 litre drums throughout the plant, with no dusting or danger associated with sudden shifting of contents. The three-sided carbon steel cage with safety interlocked doors is mounted on a …
Read More »SRK –Supporting mines in striving for zero harm
Rock-related accidents have reduced significantly in recent decades, due in large part to incremental improvements in rock engineering practice. According to William Joughin, chairman of SRK Consulting and himself a leading rock engineering expert, the company’s contribution in this field has included assisting mines with reviews of safety practices, as …
Read More »Gold overtakes tourism as Tanzania’s biggest foreign exchange earner
Gold has overtaken tourism as Tanzania’s biggest foreign-exchange earner, while Barrick’s joint venture with the Tanzanian government paid its first cash dividend of $250 million earlier this week. The East African nation’s gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a …
Read More »The spotlight will be on ESG during the Africa Mining Forum
The spotlight is set to be on Environmental, Social, and Corporate Governance (ESG) at the Africa Mining Forum which is set to kick off from the 16-20 November 2020. A testament to this notion is the fact that the organisers of the event have also announced a unique digital ESG …
Read More »Women Miners Urged to Take Lead in the Sector
The State Minister for Energy and Minerals Development, Sarah Achieng Opendi, has urged women to embrace mining and take strategic leadership roles in the sector. The minister’s powerful call is particularly an expression of solidarity with and morale booster to women miners who continue to bear the brunt of the …
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East African Mining News Unearthing Mining Opportunities in East Africa