News

The first international project “early-start” by the emerging African graphite producer Walkabout Resources has started to commence procurement, manufacturing and site works for the Lindi Jumbo graphite project. Simultaneously with “early-start”, the company has finalised a placement of US$3.1 million at a price of A$0.23c which is a 10% discount …

Reports on the acquisition of Mkuvia gold property and Fakawi gold property by Zanzibar Gold Inc have been publicly aired. The Mkuvia property located in the Nachengwea area of southern Tanzania has had small scale local placer operators mining gold from the property since 2005. A preliminary operation plan was …

Sawa Minerals, a tech-driven company has created and launched a platform that will transform how gold is mined and sourced across Africa and the developing world. The platform has been designed in such a way that it is easy to buy ethically mined gold from artisans and small scale miners …

Nordgold has expanded its investment in Burkina Faso, as one of the country’s largest gold producer and a major economic contributor The miner currently runs three mines in the country that produce over 360 thousand ounces of gold, accounting forr approximately 40 percent of the company’s total annual production. Currently …

AngloGold Ashanti and Independence Group have approved a $79.3-million investment to develop the Boston Shaker underground project, at the Tropicana gold mine, in Western Australia. The ore from the underground mine would enable Tropicana production to be maintained at between 450 000 oz/y and 500 000 oz/y over the next …

Cummins has debuted the HSK78G natural gas generator series at the 2019 Middle East Electricity (MEE) at the Dubai World Trade Centre. The equipment is expected to fuel the next generation of power and offer a total package of gas generator capabilities and innovative gas technology for prime and peaking …

CIMIC Group’s global mining services provider, Thiess, through Majwe Mining Joint Venture (Majwe), has secured a A$1.7 billion contract at Debswana Diamond Company’s Jwaneng Mine Cut 9 project in Botswana. Majwe, a joint venture between Thiess (70 per cent) and long-term local partner Bothakga Burrow Botswana (30 per cent), will …

The University Of Witwatersrand School Of Mining Engineering has again scooped a better position in the QS World University Rankings to 13th place in 2019. The latest achievement allows it to retain its position as the highest ranked school at Wits University as it is also the only mining school …

Africa focused energy company – Kibo Energy has today signed a binding term sheet with Sanderson Capital Partners for the conversion of the latter’s 2.5 percent equity interest in the Tanzanian subsidiary, Mbeya Development Company Limited. Mbeya Development is the holder of the company’s physical 120.8Mt Coal Resource in Tanzania. …

MAST Energy Developments (MED) has signed a binding conditional agreement for the exclusive right to undertake due diligence and negotiate the potential acquisition of five peaking power sites totaling 25.85MW. The private UK registered company targets the development and operation of flexible power plants to service the reserve power generation …