Reviews

The dusty plains of northwest Tanzania are set to reverberate with the powerful hum of cutting-edge Finnish engineering, as mining giant Metso Corporation bags a colossal order exceeding €20 million to equip Sotta Mining’s burgeoning Nyanzaga gold project. The deal, announced yesterday, will see Metso deliver energy-efficient comminution equipment, including …

Wacker Neuson’s compact excavators have firmly established themselves as indispensable multitool carriers in South and Sub-Saharan Africa’s agriculture, forestry, construction, and mining sectors. By integrating cutting-edge technology, energy-efficient solutions, and future-ready features, these machines deliver superior performance, reliability, and versatility in the toughest conditions. ‘Compact’ refers to their sleek design …

Andrew van Zyl has been appointed as managing director of SRK Consulting (SA), the South African arm of the global SRK network of consulting engineering practices. He is also a member of the SRK Global Board and Exco. Van Zyl stepped into the role from January 2023, taking over from …

Across Western Kenya, over 95 per cent of gold mining is unregulated, with corruption, political interference and bureaucracy rife. A trip to the Chamber of Mines to seek a licence is hell on earth for investors. Failure by the government to regulate artisanal gold mining has hindered not only controlling …

Accidentally millionaire, Saniniu Laizer, has discovered yet another giant violet-blue stone weighing 6.3 kilograms (13.9 pounds). This is within two months of becoming a millionaire overnight in June after his mining company discovered two rough Tanzania gemstones worth $3.4 million and believed to be the largest in the world. Laizer, …

Tanzania Gold Corporation (TGC) is in the process of developing a significant gold mine at the Buckreef project, in Tanzania. The NYSE- and TSX-listed company has drawn down an initial $4-million in funding from a $14-million unsecured convertible debenture it has with institutional investors Riverfort Global Opportunities and a hedge …

Saniniu Laizer, a small-scale miner in Tanzania, has become an instant millionaire after selling two rough Tanzanite stones, the biggest ever find for the country. Laizer earned £2.4m ($3.4m) from the country’s mining ministry for the gemstones, which had a combined weight of 15kg (2.3 lb). “There will be a …

Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …

The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …

The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …