Africa-focused Allied Gold, which on Monday listed on the TSX, has approved the expanded Kurmuk project, in Ethiopia, earmarking $500-million for a two-phase development plan. Kurmuk is now planned as a 240 000-oz/y gold mine with all-in sustaining costs (AISC) targeted below $950/oz, with a strategic mine life extending for …
Read More »KCC PROMOTES CAREER DEVELOPMENT OPPORTUNITIES FOR YOUNG CONGOLESE, SUPPORTING THE INTENT OF INTERNATIONAL YOUTH DAY
KCC recruiting for 50 graduate and apprenticeship positions over the course of 2023 Partnerships and scientific visits established between KCC and local schools and educational institutions to assist with aligning theory and practice Up to 245 on-site internships for university students, ranging from two weeks to six months, offered in …
Read More »Akobo Minerals signs refinery agreement with Swiss-based MKS PAMP
Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has signed an agreement with MKS PAMP for a range of gold refinery-related services. The company – one of the most respected precious metals industry players – is an …
Read More »Indiana Resources awarded $109.5 million in their dispute with Tanzania
Indiana Resources (ASX: IDA) announced Tuesday that its dispute with the United Republic of Tanzania, which was the subject of arbitration through the International Centre for Settlement of Investment Disputes, part of the World Bank, has been settled, with $109.5 million awarded to the company. The Tribunal delivered the award …
Read More »Darryll Castle joins Rainbow board as nonexec director
Darryll Castle has been appointed nonexecutive director of London-listed Rainbow Rare Earths, which owns the Phalaborwa project, in South Africa, and the Gakara project, in Burundi. His appointment is pursuant to the nomination right held by TechMet, as set out in Rainbow’s recent private placement announcement in May, whereby TechMet …
Read More »Spotlight on energy gap at DRC Mining Week
With a depth of mineral potential drawing increased investment into the Democratic Republic of Congo, the success of the country’s mining sector is tied closely to its ability to meet rising demand for energy. It was no surprise, therefore, that a key focus of the recent DRC Mining Week was …
Read More »GLENCORE DRC OPERATIONS HOST COMMUNITY TOWNHALL
Glencore recognises that robust and respectful engagement with stakeholders is essential for its industrial assets to maintain their licence to operate. Kamoto Copper Company S.A. (KCC) and Mutanda Mining SARL (MUMI) host a community townhall in Kolwezi on 29 June 2023. Community townhalls are one of the engagement platforms available …
Read More »Determining drinking water safety is essential
Access to safe drinking water is a privilege not shared by many in Africa. Often, drinking water is contaminated – by damaged infrastructure and distribution systems, breakdowns at treatment facilities, rapid urbanisation and general water pollution – meaning scores of South Africans are obliged to turn to groundwater. However, to …
Read More »GLENCORE SUPPORTS WORLD DAY AGAINST CHILD LABOUR – CONTINUES TO SUPPORT EFFORTS TO KEEP CHILDREN IN SCHOOLS
Glencore is committed to implementing the UN Guiding Principles on Business and Human Rights and upholds the UN Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work. Community-focused support by Glencore in Kolwezi, Lualaba Province of the DRC, to help provide access …
Read More »Epiroc and SSAB to explore sustainable options for manufacturing spare parts and components
Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components …
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