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Ethiopia capitalises improvement in the metal’s price this year

Gold exports from Ethiopia increased four-fold year-on-year to 24,700 ounces during July and August, this is according to a Bloomberg report. This was after the central bank offered higher prices to mop up gold that may otherwise be smuggled. Ethiopia is the latest country in Africa to start buying up …

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EITI will help the country combat flow of illicit funds-Govt officials

Some officials believe that Uganda’s signing up to the Extractive Industries Transparency Initiative (EITI) will help the country combat the flow of illicit funds. Uganda became a member of EITI on August 12, thereby committing to making public some of the payments from its extractive industry. While addressing a multi-stakeholder …

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Blasting tech takes mines into the future

Built on innovation since its inception over three decades ago, global explosives leader BME – a member of the JSE-listed Omnia Group – paves the way for mines to leverage the latest technologies for ever-greater efficiencies and productivity. “Harnessing technology as quickly as it develops – and applying it to …

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