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Thursday, September 20, 2018
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Tanzania releases damning report on diamonds mining

Tanzania releases damning report on diamonds mining
In summary Reports show deep seated corruption in diamonds mining in Tanzania It also reveals government officials' involvement in the scandal Some government officials have resigned over the report A parliamentary committee tasked to investigate diamonds mining in Tanzania in the central region of Shinyanga...

South African gold miners reach out of court settlement in silicosis case

South African gold miners reach out of court settlement in silicosis case
South African gold miners and workers have reached an out of court settlement in a case where the workers who contracted silicosis while working for the firms were seeking for compensation.  Silicosis is an incurable lung disease caused by inhaling dust from gold-bearing rocks.It causes shortness...

Mining fails to attract more FDI to Africa -EY report

Mining fails to attract more FDI to Africa -EY report
In summary Mining sector accounted for just 6.2% of foreign direct investment (FDI) that landed in Africa last year. Capital investment was primarily driven by capital-intensive projects in real estate, hospitality and construction South Africa remains the continent’s leading FDI destination US continues to...

Zimbabwe’s mining sector is most attractive to investors

Zimbabwe's mining sector is most attractive to investors
Zimbabwe's mining sector is the most attractive investment area going by the number of applications with interest in the sector, statistics from the Zimbabwe Investment Authority (ZIA) has shown. Out of the 153 approved  investment proposals in the first 11 months of 2017, 57 of them...

Kabila to meet miners over new DRC mining code

Kabila to meet miners over new DRC mining code
In Brief Country says previous DRC mining code favoured foreign investors at the expense of the economy The code seeks to hike taxes in major industry reforms DRC is Africa's leading copper producer and the world’s leading cobalt producer Democratic Republic of Congo President Joseph...

Kibo Mining signs MOU with TANESCO on Mbeya Coal Project

Kibo Mining signs MOU with TANESCO on Mbeya Coal to Power Project
Kibo Mining Plc (AIM:KIBO; AltX:KBO), has signed a Memorandum of Understanding with the Tanzania Electric Supply Company (TANESCO), for the Power Purchase Agreement (PPA) of the Company’s flagship 300MW Mbeya Coal to Power Project (MCPP). The MOU constitutes the precursor to the finalisation of the...

Miners meeting with Kabila fails to stop DRC mining code

Miners meeting with Kabila fails to stop DRC mining code
A meeting between miners and Congolese president Joseph Kabila that sought to halt the signing of a controversial mining code failed to persuade such a move and now the law will be signed off the way it is, mining minister Martin Kabwelulu has said. Top mining...

Kibo Mining gets ESIA certificate for Tanzania’s Mbeya coal project

Kibo Mining gets ESIA certificate for Tanzania's Mbeya coal project
Kibo Mining PLC has announced that it has been awarded an environmental and social impact assessment (ESIA) certificate for its flagship Mbeya coal project and the Mbeya power generation project in Tanzania. The ESIAs represent integral elements of the approval process for the company’s proposed...

Uganda mineral licensing system goes online

Uganda mineral licensing system goes online
Uganda mineral licensing system has moved online to enhance service delivery and boost data accuracy, Commissioner of Mines, Mrs Agnes Alaba Kuterema has said. The system will enable customers to submit applications online as well as undertake all other statutory business processes such as making payments, submitting...

Burkina Faso:Construction of Boungou Mine 87% Complete

Burkina FasoConstruction of Boungou Mine 87% Complete
SEMAFO Inc. (TSX:SMF) (OMX:SMF) has announced that construction of the Boungou Mine in Burkina Faso is 87% complete, with first gold scheduled to be poured early in the third quarter of 2018. In a first step towards this milestone, the Corporation began commissioning activities on dry plant...
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