East African Mining News Unearthing Mining Opportunities in East Africa

Australian mining company African Energy Resources (AFR) has been granted a coal mining license in Botswana. The company said the 25 years mining license covers an area of 51.47km2 and contains 650Mt of raw coal in measured and indicated resources. “Granting of the mining license is an important step towards finalising the permits for …

South Africa-based utility company Zest Energy, a subsidiary Zest WEG Group has constructed seven generators power plant at Balama graphite project. ASX-listed Syrah developers of Balama said the plant will start operating in the first quarter of 2017 producing an initial capacity of 12.5 MW with an installation of seven …

Vale Mozambique, a subsidiary of Brazilian group Vale, had an operating loss of US$105 million in 2016, a figure which compares with a loss of US$508 million in 2015, said the mining group as it published it accounts for the fourth quarter and 2016. The document said the improvement compared …