East African Mining News Unearthing Mining Opportunities in East Africa

Africa focused mineral exploration company – East Africa Metals has signed a finance deal with Hong Kong-based Luck Winner. Luck Winner Investment Limited will provide development financing to the tune of US$250 million to be used for development of projects in Ethiopia. The deal also includes a private placement for …

Global specialist in crushing and screening plants – B&E International has on offer a toll model that reduces the capital demands of mining entrepreneurs. Chris Weideman, Director Operations at B&E International said many smaller operators – or those who are new to the mining business – often find it difficult to raise all the necessary capital for starting up once the feasibility …

Aim-listed Edenville Energy’s Rukwa project, in Tanzania, has completed construction of the project’s wash plant. According to the company, the plant is undergoing final commissioning and testing, and is expected to start producing washed coal for sale next week. “The construction team has worked hard in challenging conditions to get …