Mining

Cconstruction of the Bel Air Mine in Guinea has been completed and loading of its first shipment of high grade bauxite to China commenced, the financier of the project Africa Finance Corporation has said. The construction of the mine was completed on time, to budget. Steady...

Gold miner B2Gold has inaugurated a major solar farm at its Otjikoto mine in Namibia in what energy minister Tom Alweendo calls "yet another significant contribution in the private sector’s drive for sustainable energy solutions." The 7MW Otjikoto Solar Farm will be one of the largest installations of its kind...

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...

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...

Cyprus-based investment firm Karo Resources has inked a $4.2 billion deal to develop a platinum mine and refinery plant in Zimbabwe and indication that Zimbabwe mining sector is starting to look up after years of mismanagement. President Emmerson Mnangagwa says the move is an indicator that...

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...

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...

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 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...

Tanzania's GDP grew 6.8 per cent year-on-year in the third quarter of 2017 compared to 6.2 per cent in the same period the previous year mainly supported by mining and gas, and construction sectors. Data from the National Bureau of Statistics shows that Tanzania's construction...