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OreCorp’s Nyanzaga gold granted environment certificate

Tanzania has granted OreCorp’s Nyanzaga gold project, in the Lake Victoria Goldfields an environmental certificate. The mineral exploration company said the certificate, which is a culmination of over 18 month’s work by the company, stakeholders and in-country consultants. In addition, the certificate is an essential component for the grant of …

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Acacia post US$707 million net loss

Despite full year gold production of 767,883 ounces at all-in sustaining costs (AISC) of US$875 per ounce, Acacia Mining has post net loss of US$707 million. Peter Geleta, the company’s Chief Executive Officer remains optimistic , though the books are in the red. “We delivered resilient operational performance during a …

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Well-trained workforce boosts profits – WearCheck

Up-skilling workforce through useful training courses is one of the long-recognised ways to ensure productivity remains elevated. WearCheck says the reliability solutions arena is a prime example of how well-trained workers can have a positive impact on an industrial operation by maximising the investment in a good condition monitoring programme. …

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