East African Mining News Unearthing Mining Opportunities in East Africa

Ethiopia’s Federal Supreme Court has eliminated all claims against gold miner Kefi Minerals, The ruling has released the company from potential liability regarding an inherited claim for damages. Earlier this year, a court judgment reduced the company’s liability from $12-million to $600 000. “If another appeal is raised, which remains …

Shanta Gold, the East Africa-focused gold producer, has announced a JORC-compliant mineral resource estimate for Tanzania’s Singida Gold Project. Singida contains 12.3 million tonnes at 1.84 g/t gold for 728,000 ounces while the measured and indicated resources total 5.11 million tonnes @ 2.09 g/t for 345,000 ounces while inferred resources …

Petra Diamonds is optimistic to move out of the murky waters following the end of labour dispute in South Africa and the lifting of an export ban in Tanzania. Johan Dippenaar, the company’s Chief Executive Office has allayed fears of a possible breach of loan terms, as a threat to …