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Illegal mining stick with SA amid financial turnaround

PwC SA’s latest mining report on the country has revealed that the value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7 billion per year. Researchers from the firm suggest that gold sector has been the most adversely impacted by …

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Strandline Resources ready to contribute to Tanzanian economy

ASX-listed Strandline Resources has submitted the mining licence application for the Fungoni project to the Ministry of Energy and Minerals of Tanzania. The application by Strandline Resources has been prepared in light of the advanced engineering work conducted to date as part of the almost-completed DFS and the recently promulgated …

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Mining operations at Namoya mine temporarily suspended reports Banro

Dual-listed Banro says as a result of a road closure at its Namoya mine in the DRC, mining operations at the Namoya mine have been temporarily suspended. Banro states the road access closure is due to the activities of local groups against both the local populations and against the (Democratic …

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