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Uganda considering a cabinet-approved draft mining law allowing gov’t to buy stakes in private mining companies

As early as this week, Uganda’s Parliament could consider a cabinet-approved draft mining law allowing the government to buy stakes in private mining companies. According to reports, the draft mining law could impose harsh penalties for violations in the sector, including prison terms of up to seven years, citing a …

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US$20 million debt facility secured for Lindi Jumbo

Walkabout Resources has secured a US$20 million debt funding facility with Tanzanian Bank CRDB towards construction of the Lindi Jumbo Graphite Mine. “The provision of this significant debt package for Lindi unlocks the final milestone in project development and construction efforts at the mine site can commence as soon as …

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Digitalization, an essential part of the X-Energy Solution

Automation and digitalization of processes have the potential to improve safety, efficiency, and environmental impact in all mining operations. In an industry where data is being generated daily through digitized processes, Data Science methods are becoming instrumental to enhance decision making and guide the sustainability of the operations. “The Data …

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