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 …
Read More »Nordgold footprint expands in Burkina Faso
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 …
Read More »Independence Group, AngloGold Ashanti invest more in Tropicana
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 …
Read More »Cummins debuts new gas generator
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 …
Read More »THIESS WINS $1.7B CONTRACT IN BOTSWANA
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 …
Read More »Kibo’s eyes UK reserve power generation market
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 …
Read More »Amid uncertainties African mining shows steady progress
Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …
Read More »Authorities in Tanzania crack on Acacia.
The Tanzanian Prevention and Combating of Corruption Bureau (PCCB) has charged the Acacia Mining with a number of different offences including breaches of the Tanzanian Anti-Money Laundering Act. However, Acacia Mining notes with concern that under Tanzanian law offences under the Anti-Money Laundering Act are not bailable, and accordingly the …
Read More »Bunyu developer remains optimistic
Volt Resources Ltd remains upbeat to raise US$40 million on the Dar es Salaam Stock Exchange to progress the Bunyu Graphite project. Trevor Matthews, Volt Resources Chief Executive Officer has reiterated that the company remains upbeat on Bunyu Graphite Project, as demand and supply for the commodity shifts, sending up …
Read More »Walkabout sees flicking light on Lindi Jumbo
Walkabout Resources Ltd is engaged in ongoing dialogue with Tanzanian government to pave way for progress on the Lindi Jumbo Graphite Project. The company is talking to authorities at the highest level of government in a meaningful dialogue with the ministry of mines of Tanzania. “The only outstanding matter pursuant …
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