News

According to a report, a group of the United Nations (UN) experts found that gold production in the East African region of the Democratic Republic of Congo (DRC) is being systematically underreported while tonnes of the precious metal are smuggled into global supply chains through its eastern neighbours. The Democratic Republic …

Rwanda has released preventive guidelines for mining operators to take measures against the novel coronavirus, local media reported Friday. Guidelines request operators provide protective equipment, prevent overcrowding, improve tunnel ventilation, testing “We want to ensure that they are protected from infection in the workplace, and this will also help the …

Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …

The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …

The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …

Tanzania continues to benefit from mining sector reforms, with the sector’s contribution to GDP in 2018/19 increasing to 5 per cent, up from 4.8 per cent the previous year. Since taking the office in 2015, President Magufuli has been pushing for more revenues from the mining sector. His government introduced …

World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …

Outotec has been awarded a contract by La Sino-Congolaise Des Mines SA, a joint-venture formed by companies from China and the Democratic Republic of Congo, for the delivery of copper solvent extraction technology to Sicomines’ project near Kolwezi in the Democratic Republic of Congo. The order value, approximately EUR 20 …

The deferral of the tranche 2 funding by Dankali and Africa Finance Corporation on the Colluli sulphate of potash venture in Eritrea allows time for the satisfaction of the remaining conditions. Sydney and London-listed potash development company, Danakali, and Africa Finance Corporation (AFC) have agreed to extend the deadline to …

Organisers of Electra Mining Africa have announced that the 2020 show, due to take place from 7-11 September at the Expo Centre in Johannesburg, South Africa, has been cancelled due to the COVID-19 pandemic. The next edition of the show will be held from 5-9 September 2022 at the same …