Press Release

President Paul Kagame on 23 May 2025 visited the Nyakabingo Mine in Rulindo District which is Africa’s largest producer of tungsten, highlighting Rwanda’s growing role in the global supply of critical minerals.Operated by Trinity Metals, the mine employs over 1,800 people and has nearly doubled its production over the past …

Tungsten, tantalum and tin from the Democratic Republic of the Congo (DRC) could soon be exported legally to neighbouring Rwanda for processing under a US brokered peace deal aimed at ending the escalating conflict in eastern DRC, three sources familiar with the negotiations told Reuters. For years, Kinshasa has accused …

Exploration companies Arrow Minerals and Volt Resources have voluntarily suspended their shares from trading on the ASX, following reports that Guinea’s military-led government has cancelled 51 mining licences. The suspensions come in the wake of trading halts initiated by both firms on 19 May, amid growing uncertainty around their tenement …

Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panellists at the Invest in African Energy (IAE) Forum in Paris. Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore …

Tanzania’s glittering mining sector, a long-standing pillar of its economy, is under the microscope following a damning new report by Global Financial Integrity (GFI). The report, “Illicit Financial Flows Risks Related to Beneficial Ownership in the Mining Sector in Tanzania,” paints a stark picture of how shadowy dealings and regulatory …

Condition monitoring specialist company, WearCheck, examines a very special class of additives that is gaining importance as the technical demands placed on lubricants continue to grow at an ever-increasing rate – Viscosity Index Improvers (VIIs). What are they? Polymers and copolymers of methacrylates, butadiene olefins and alkylated styrenes.   What …

The development will be financed through interest-free loans from Perseus’ existing cash reserves. Credit: New Africa/Shutterstock. African-focused gold company Perseus Mining has made a final investment decision (FID) to develop the Nyanzaga Gold Project (NGP) in Tanzania with an investment of approximately $523m (A$817.08m). The updated feasibility study for the …

TAKRAF Group (‘TAKRAF’) is pleased to announce the award to engineer and supply the conveying system (CV-8001, CV-8002 and CV-8003) for Minera Collahuasi’s Ujina growth project in Chile. The main objective of the Ujina growth project is to increase the capacity of the concentrator plant. The Collahuasi mine is located …

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has injected over $4.24 billion into the Tanzanian economy since establishing the Twiga joint venture with the government in 2019, contributing $888 million in 2024 alone.  Twiga comprises the North Mara and Bulyanhulu gold mines. At a media briefing here today, Barrick president and chief …

Condition monitoring specialist company, WearCheck, has launched a lube kitchen series, created by Steven Lumley, technical manager at the company. In it, she explores the world of lubricant additives, detailing their function, how they work and their application. Part 1 focuses on the classification of lubricants. A fully formulated lubricant …