News

Tata International Africa has become the first company in Africa to introduce a best-in-class standard warranty of five years on its entire Medium, Heavy and Extra Heavy Commercial Vehicle range. This first-of-its-kind Pan African five-year warranty applies to the full range of Tata Trucks and Buses as well as Daewoo …

While giving one of the most bullish forecasts yet for copper, a leading metals trader said copper could surge above a record to $12 000 a ton in 18 months on new demand from green initiatives. The bellwether material has already doubled since a nadir in March to reach a …

ASX-listed Ionic Rare Earths The company on Wednesday announced that it had received binding commitments for the placement of 300-million shares at an issue price of 4c each, representing a 7% discount to Ionic’s ten-day volume-weighted average share price. The company also said it will raise A$12-million in a share …

Strong gold prices are raising mining revenues in Ethiopia and drawing more competition from investors in a market largely dominated by artisans and smaller players. Coronavirus-linked border closures forced miners back into the formal sector’s arms; a welcome boost for the central bank of Ethiopia, which needed hard currency. Ethiopia …

Rwanda is further developing economic relations with Qatar, this development has been bolstered by the two countries signing a Double Taxation Avoidance Agreement (DTAA) recently. The agreement aims to deepen economic cooperation between the two countries. The Agreement shall specify the taxation rights of the Contracting States in respect of …

Mining authorities in Tanzania have issued three Prospecting Licences (PLs) in favour of Deccan Gold (Tanzania), a subsidiary of the group (DG Tanzania), this is according to Deccan Gold Mines. On 08 February 2021, DG Tanzania was officially told in this regard by the Commissioner for Minerals and Mines, Ministry …

In a move that is set to transform the gemstone industry, the Government of Turkana County, Kenya, has expressed its commitment to developing a value-added gemstone centre in the region to help artisan miners achieve better prices for their precious stones. The county Chief Officer for Water Services, Climate and …

According to the Canadian major, Barrick Gold, its Tanzania gold mines have been successfully revived, with North Mara delivering substantial improvements and underground output starting at Bulyanhulu, In September 2019, Barrick Gold took ownership of the operations of the former Acacia Mining and now operates the mines with the Tanzania …

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …