Saturday , February 24 2024

Uganda

IonicRE Secures Landmark Mining Licence for Ugandan Rare Earths Project, Eyes 2026 Production

ASX-listed Ionic Rare Earth (IonicRE) has unlocked a pivotal milestone in its Ugandan ambitions, securing the first large-scale mining licence (LML) ever issued under the country’s revamped Mining Act of 2022. The granted LML 00334, officially signed by Ugandan Minister of Energy and Mineral Development Dr Ruth Nankabirwa Ssentamu, covers …

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Hollard acquires Kenya’s Apollo to gain EA foothold

South Africa’s largest privately owned insurance group Hollard International has extended its footprint in Africa through the finalisation an agreement to acquire a significant interest in Apollo Investments Limited, the holding company of Kenya-headquartered insurer APA Insurance. This strategic investment, subject to regulatory approvals, gives Hollard International a presence in …

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Specialist gains traction in oil,gas sector

Due to the large size and weight, this 9.5MW 11KV WEG electric motor has to be disassembled for shipment and reassembled on the offshore FPSO off the coast of Ghana. Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, …

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We are harnessing our technology to accelerate mining: Ionic MD

Ionic Rare Earths have revealed that their partnership with Ford Technologies, Less Common Metals (LCM) and the British Geological Survey will harness technology to accelerate the mining, refining and recycling of magnet and heavy rare earths critical for energy transition, advanced manufacturing, and defence. ASX-listed Ionic Rare Earths has inked …

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Uganda to set up state mining firm

Ugandan has started to set up a national mining company that will aim to take equity stakes of up to 15 percent of all medium and large scale mining operations in the country, according to the Minister for Energy and Minerals. The establishment of a state-owned mining firm and commercial …

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Uganda approves Ionic Rare Earth for demonstration plant

Ministry of Energy and Mineral Development (MEMD) Uganda has granted ASX-listed Ionic Rare Earths approval for its demonstration plant at the Makuutu rare earths project. The demonstration plant is expected to validate and optimise results from the Stage 1 definitive feasibility study (DFS), which was released last month, and will …

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Africa needs to safeguard against cyber-attacks in mining and energy

Throughout 2022, 40% of industrial control system (ICS) computers globally were attacked with malware. In Africa, the figure sits at 47%, according to Kaspersky. The three countries which experienced the most attacks on ICS infrastructure were Ethiopia (62%), Algeria (59%), and Burundi (57%). They are followed by Rwanda (46%), Kenya …

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Communities in Karamoja face an uphill task organising to beat international capital and authoritarian politics

In an open pit, a group of artisanal miners stand shirtless, cracking rocks that gleam white in the sun. Soldiers guard the gate of the Sunbelt Marble Mine and Factory, which is owned by Chinese businessmen who have invested $13 million in the project. Small-scale freelance miners toiling with basic …

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Dafo amplifies its presence in Eastern Africa

Dafo Vehicle Fire Protection has started a partnership with Twakei Vehicle Fire Protection based in Nairobi, Kenya. Twakei is a specialist engineering company providing fire suppression services in Kenya, Tanzania, Ethiopia, Uganda, Sudan, Eritrea, Southern Sudan, Rwanda, Burundi, and Somalia. “We are very excited to join Dafo Vehicle’s family because …

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Failings in licensing process need to be addressed to build a more transparent sector at par with better-performing countries-Official

Despite improvements in Uganda’s natural resource administration, the country’s nascent oil and gas sector, as well as mining, are still classed as weak, with expanding gaps between rules and practice, which might stymie the country’s effort for openness, according to a new index. Uganda got 49 points in the petroleum …

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