mining

News

Namibia: Company Cleans Up Mining Areas
[Namibian] NAMDEB has partnered up with SA Metal Namibia (SAMN) to embark on a scrap metal removal programme from its mining areas to ensure the minimal impact of the waste on the environment.
AllAfrica | 18-May-2012 09:51

Diamonds Funding Parallel Government - Hon Biti
[MDC] Diamond revenue has been under performing since January 2012 raising fears there could be a parallel government in place, a government official has said.
AllAfrica | 18-May-2012 07:31

Zambia: Muliashi Churns Out 400 Tonnes Copper
[Times of Zambia] CNMC Luanshya Copper Mines (LCM)'s Muliashi Open Pit Mine has realised an initial production of 400 tonnes of copper cathode since mining commenced last month.
AllAfrica | 17-May-2012 14:32

Zimbabwe: Mining Laws Blamed for Giving Foreigners Excessive Rights
[The Herald] DEPUTY Prime Minister Professor Arthur Mutambara yesterday admitted that Government failed to negotiate mining contracts that benefit the country. He said foreign companies were getting the country's vast mineral resources for a song. Mining giants
AllAfrica | 17-May-2012 14:06

Zimbabwe: 'Exorbitant' Zim Mining Fees Will Not Be Reviewed
[SW Radio] New mining fees in Zimbabwe, which have been condemned as 'exorbitant', will not be reviewed, after Mines Minister Obert Mpofu said the new fees were proving profitable.
AllAfrica | 17-May-2012 12:58

Nigeria: Mining Stakeholders Implore World Bank On Funding
[This Day] As the World Bank rounds up its seven-year assistance worth $120 million for the sustainable development of Nigeria's solid minerals sector, stakeholders are playing Oliver Twist. They are clamouring for an extension of the project to enable a second phase to start as soon as possible.
AllAfrica | 17-May-2012 09:55

Tanzania: Firm Vows to Source Many Supplies Locally
[Daily News] THE newly formed Tanzania China International Mineral Resources Limited executing the 4.8trn/- Mchuchuma and Liganga projects has vowed to source many supplies locally, a move that will benefit many domestic entrepreneurs.
AllAfrica | 17-May-2012 06:10

Tanzania: Top Gold Miner Ups Royalty
[Daily News] EFFORTS to make miners raise royalty have started to yield positive results and African Barrick Gold (ABG) said on Wednesday that it will pay the government an additional one per cent, citing the current gold price environment.
AllAfrica | 17-May-2012 06:08

Nigeria: Where Is the Money to Help Poisoned Children?
[IRIN] Abuja - Aid organizations and rights groups are putting more pressure on the Nigerian government to release a promised US$5.4 million in aid for lead-poisoned children, but government officials keep ducking the issue.
AllAfrica | 16-May-2012 14:54

Zimbabwe: Tiens to Venture Into Platinum, Diamond Mining
[The Herald] President of the Chinese firm Tiens Mr Kevin Hou yesterday said his company is set to venture into diamond mining as part of their diversified programme in Zimbabwe. Speaking shortly after his arrival at Harare International Airport yesterday, Mr Kevin said a special delegation from Tiens headquarters is on its way to meet Government officials over their proposal. Mr Kevin is in Zimbabwe to spearhead their new programmes.
AllAfrica | 16-May-2012 13:55

Zimbabwe: Local Platinum Output Rises
[The Herald] ZIMBABWE'S increased platinum production could play a more significant role in the global economy than hitherto, as the fortunes of the largest platinum producer -- South Africa -- are projected to dip, according to the latest Johnson Matthey platinum projections.
AllAfrica | 16-May-2012 12:15

Barclays Boss Calls for Mining Tax Revision
[Times of Zambia] BARCLAYS Bank Zambia managing director Saviour Chibiya has said the mining tax concessions enjoyed by the large-scale mining companies in the country should be revisited in order for the country to generate more income from its mineral wealth.
AllAfrica | 16-May-2012 11:34

South Africa: Country's Fuel Cell Industry May Become a Lucrative Business
[Biz-Community] The South African Department of Mineral Resources and Department of Science and Technology have been working closely with Ballard Power, a leading manufacturer of hydrogen fuel cells, and Anglo Platinum, a processor of platinum-metal groups, to investigate the possible uses of hydrogen fuel cells.
AllAfrica | 16-May-2012 11:09

A Covenant Against Illicit Diamond, Drugs Trafficking Reached
[New Democrat] Liberia and Sierra Leone have agreed to curb illicit mining activities, trafficking of illicit drugs and other forms of negative activities that have polarized the two Mano River Union nations for many years.
AllAfrica | 15-May-2012 19:11

Country, Cameroon to Jointly Exploit Hydrocarbons
[Vanguard] Abuja - President Goodluck Jonathan said in Abuja on Monday that Nigeria would take necessary steps to ensure exploitation of hydrocarbon resources along its border with Cameroon.
AllAfrica | 15-May-2012 19:08

Kenya: Athi River Mining, KCB Shares Hit New Highs
[The Star] The NSE20 rallied 29.31 Points to close at 3628.64. The Index has rallied 13.2056% in 2012 and this is a 2012 and a Fresh 9 Month Closing High. The Nairobi All Share firmed 0.52 points to close at 78.98. Market Cap was 1.011162 trillion versus 1.004577 trillion last time. Equity turnover was 186.459m versus 289.584m and this is signalling Supply exhaustion in many counters at this Price Point.
AllAfrica | 15-May-2012 17:41

Mining Giant Suspends Salaries, Lack of Production Cited
[The Herald] NEWZIM Steel has suspended paying salaries to its workers amid indications Essar Africa Holdings has forked out millions in wages without production.
AllAfrica | 15-May-2012 15:45

Zimbabwe: No Going Back On Mining Fees - Mpofu
[The Herald] GOVERNMENT says the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.
AllAfrica | 15-May-2012 14:58

New Mining Frontiers in West and Central Africa
[TradeInvest] TradeInvestAfrica is proud to be associated with the 5th West & Central Africa Mining Summit 2012 through a media partnership with Singapore-based conference organiser, Magenta Global.
AllAfrica | 15-May-2012 13:43

Nigeria: FG Signs U.S.1 Billion Mining Deal with Foreign Investors
[Leadership] In a move that will further diversify the economy from the oil sector and kick-start an industrial revolution, the federal government yesterday signed a memorandum of understanding (MoU) with Glencore International plc to invest $1 billion (about N157 billion) in the mining industry.
AllAfrica | 15-May-2012 11:02

Poor Safety in Mines Worrying
[Daily News] SAFETY and Health in the mining sector remains a challenge to the government and other stakeholders in the industry.
AllAfrica | 15-May-2012 10:26

Mine Collapses, Kills Three
[New Times] At least three people have been reported dead after a cassiterite mine in Muhogoto, Kagarama cell, Rwamagana district, caved in yesterday.
AllAfrica | 15-May-2012 08:49

ABG to Up Gold Production
[EA Business] Dar es Salaam - African Barrick Gold plc (ABG), one of the largest gold producers in Africa said it expects to increase gold production by about 300,000 ounces a year in the next two years.
AllAfrica | 14-May-2012 16:24

Power Threatening Country's Gold Production
[EA Business] Dar es Salaam - A fall in gold production caused by the cost of operation due to unreliable power supply makes Tanzania's dream to be among the fourth biggest producers in Africa difficult to realise.
AllAfrica | 14-May-2012 15:57

Zambia: Start Driving the Economy, Mines Told
[Times of Zambia] THE International Financing Corporation (IFC) has a special focus for Zambia and wants the mining houses operating in the country to start driving the local economy towards its boom and effective diversification.
AllAfrica | 14-May-2012 15:13

Zambia: Another Coal Mine Unearthed in Sinazongwe
[Times of Zambia] THE Australian Stock Exchange (ASX)-listed African Energy Resources has discovered another coal resources close to the two already existing mines in Sinazongwe in Southern Province.
AllAfrica | 14-May-2012 15:13

Zimbabwe: Hostile Mining Policies Chase Away Investors
[Zimbabwe Standard] Victoria Falls - CHAMBER of Mines of Zimbabwe president, Winston Chitando said predatory government policies had stifled growth in the mining sector despite a projected rebound.
AllAfrica | 14-May-2012 13:54

Zimbabwe: Govt Shortlists Three Investors to Revive Kamativi Mine
[The Herald] GOVERNMENT has shortlisted three investors bidding to partner Zimbabwe Mining Development Corporation in reviving Kamativi Mine, 15 years after the tin mine closed operations, an official said last Friday. "We had 67 bidders and went through the valuations process and we are now left with three firms which are joint ventures between foreigners and locals," ZMDC general manager Mr Jerry Ndlovu said in an interview on the sidelines of the Chamber of Mines annual conference in Victoria Falls.
AllAfrica | 14-May-2012 13:33

Nigeria: AMCON Moves to Take Over Delta Steel
[This Day] The Asset Management Company of Nigeria has finalised plans to take over Delta Steel Company in Ovwian-Aladja, Delta State from Global Infrastructural Holdings Limited, for failing to meet its debt obligations.
AllAfrica | 14-May-2012 12:34

Gambia: The Mining of Minerals At Sanyang of What Benefits to the Workers and the Country?
[Foroyaa] The public wants to know what type of minerals are being produced at the mining site at Sanyang. They want to know the amount of tonnes produced every day, how much is the dollar equivalent and what benefit is accrued to the state as revenue.
AllAfrica | 14-May-2012 12:28

Zimbabwe: Mineral Devt Policy On Cards
[The Herald] Victoria Falls - The Zimbabwe Chamber of Mines is working on the establishment of a mineral development policy that will guide the formulation of legislation, fiscal measures and Government interventions targeted at the sector. The policy will provide a
AllAfrica | 14-May-2012 12:15

'Canadile Was Distressed'
[The Herald] Mines and Mining Development Minister Obert Mpofu ordered investigations into the US$2 billion Canadile Miners and Marange Resources joint venture not because of allegations of bribery raised against him, but as a result of failure and distress of the investment, the High Court heard on Friday.
AllAfrica | 14-May-2012 11:16

Galamsey Miners Fight Chinagold Company
[Ghanaian Chronicle] A ground-breaking ceremony, which would have followed the construction of a bridge over the Oun River at Gbane in the Talensi-Nabdam District of the Upper East Region, turned violent when some disgruntled small scale miners, known as 'galamsey' operators in the local parlance, stormed the event venue and destroyed several properties of ChinaGold (Gh) Resources Group Limited running into several millions of dollars.
AllAfrica | 14-May-2012 10:22

Tulawaka Mine Invasions Escalate
[Daily News] Biharamulo - ABOUT 100,000 people invaded and whipped gold bars and other properties worth millions of shillings at Tulawaka Gold Mine (TGM) last year, the company's management has revealed.
AllAfrica | 14-May-2012 07:35

Zimbabwe: Sanctions Hinder Attainment of Diamond Revenue Target
[The Herald] ZIMBABWE may miss the expected US$600 million revenue collection target from diamonds due to sanctions that are preventing fair trade of the gems.
AllAfrica | 12-May-2012 15:36

Nigeria: Zamfara Lead Poisoning Conference Calls for Action
[Medecins Sans Frontieres] Friday May 11, 2012 - Abuja, Nigeria - An International Conference to find solutions to the Zamfara lead poisoning crisis (1), of which Médecins Sans Frontières (MSF), was the lead organiser concluded on Thursday. The conference delegates endorsed a clear action plan calling for Nigerian government commitment to resolve the crisis.
AllAfrica | 12-May-2012 03:44

Elizabeth Bay Mine Resumes Production
[Namibia Economist] Five months after resuming production, Namdeb's Elizabeth Bay mine is on course to meet its production target of 220,000 carats per year, the Economist has established. A confident Tony Bessinger, mine manager of Namdeb's northern coastal operations told the Economist on Tuesday that Elizabeth Bay mine, which was placed under care and maintenance in 2009, will meet its production target by year end as stipulated in the mines' plan.
AllAfrica | 11-May-2012 14:23

Zimbabwe: 'I Was Last Paid in 2006'
[The Herald] SHABANI Mashava Mine administrator, Mr Afaras Gwaradzimba said he stopped claiming administration fees in 2006 when the firm's fortunes slumped. Mr Gwaradzimba said he has submitted his bills reflecting how much he is owed for his work to the Government.
AllAfrica | 11-May-2012 13:46

Zimbabwe: Locals Acquire Stake in Blanket Mine
[The Herald] Blanket Mine has disposed of a 15 percent stake to a consortium of local investors, Flemiro Investments, for US$11 million as part of its indigenisation compliance implementation plan. The Indigenisation and Economic Empowerment (General)
AllAfrica | 11-May-2012 13:45

Zimbabwe: Lawyer Misrepresenting Facts - Masimirembwa
[The Herald] Zimbabwe Mining Development Corporation chairman Godwills Masimirembwa yesterday blasted defence lawyer Lewis Uriri for misrepresenting facts in the US$2 billion diamond mining partnership between Marange Resources and Core Mining in a bid to strengthen the defence's case.
AllAfrica | 11-May-2012 12:04

Uganda: Small Salt Miners Await Oil Dollars
[New Vision] As one descends the steep valley of Kibiro village along the shores of Lake Albert in Hoima, one is met by the stench of bad eggs mixed with ammonia.
AllAfrica | 11-May-2012 09:54

Govt Won't Implement Mining Super Tax - Shabangu
[BuaNews] Cape Town - South Africa will not follow Australia in implementing a mining super tax, Mineral Resources Minister Susan Shabangu said on Thursday.
AllAfrica | 10-May-2012 19:14

Ghana: Mining - Adamus Exudes Confidence
[Accra Mail] Adamus Resources Limited, a subsidiary of Endeavour Mining Corporation is holding its own against the bigger players in Ghana's mining sector.
AllAfrica | 10-May-2012 11:38

Mozambique: Guebuza - We Make the Rules for Mining
[AIM] London - Mozambican President Armando Guebuza on Wednesday told an audience at the prestigious Royal Institute of International Affairs in London that the priority of his government is to make sure that wealth derived from the huge expansion of mining activities serves the people, and that in relations between the mining companies and the government "we are setting the rules".
AllAfrica | 10-May-2012 07:19

Africa: Is the Diamond Trade Fuelling the Machinery of War?
[Penguin Books] The following extract from Terry Crawford Browne's new book, Eye on the Diamonds examines "how diamonds link the colonial and apartheid histories of South Africa with the close histories of Israel and Palestine".
AllAfrica | 09-May-2012 16:17

Zimbabwe: Kazakhstan Mining Giant to Pull Out of Country
[The Herald] KAZAKHSTAN-BASED mining conglomerate Eurasian Natural Resources Corporation PLC could soon dispose of its Todal Mining platinum mining claims in Zimbabwe as it plans to streamline its operations. The mining firm has indicated plans to sell off its international arm -- Central African Mining and Exploration Company plc which it acquired in 2009 -- from its core asset in Kazakhstan.
AllAfrica | 09-May-2012 13:20