East African Mining News Unearthing Mining Opportunities in East Africa

Graphite developer Walkabout Resources has acquired the remaining 30 percent interest in the Lindi Jumbo graphite project, in Tanzania, for $1-million. Trevor Benson, Executive chairperson said the purchase of the remaining stake in the project would see a huge value adding transaction to Walkabout. “The passing of this significant project …

Acacia Mining a subsidiary of Pangea Minerals Limited (PML) has announced plans to cut down its workforce next month. The development is attributed to the company’s intentions to cut operating costs. “Extraction operations in the mine will come to an end by 2020. The new cut will include employees in …

De Beers Group’s diamond brand Forevermark has launched Libert’aimeTM , a new flagship store at HKRI Taikoo Hui in Shanghai, China. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country. Created to celebrate the spirit of a new generation …