East African Mining News Unearthing Mining Opportunities in East Africa

According to Aim-listed Edenville Energy, the induction of newly appointed Tanzanian President Samia Hassan has resulted in “considerable positive sentiment in the country,” which appears to be translating into improved business confidence and action. Furthermore, the increase in coal prices, which has more than doubled in the last year to …

In connection with a proposed listing on the Nairobi Securities Exchange, Papillon Holdings, which will be renamed Caracal Gold, has appointed Kenya-based Faida Investment Bank as its financial adviser and joint broker (NSE). This comes after the company’s prospectus was published on July 20 relating to the company’s ordinary shares …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …