Category: Minerals
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Now Breadwinners, Ex-Rebels in Liberia and Sierra Leone Work in Mines They Ran
SAND BEACH, River Cess – As a commander of the Small Boy Unit —a brigade of child-soldiers of the National Patriotic Front of Liberia — Emmanuel Gaye guarded civilians his adult commanders captured on a goldmine in River Cess. He monitored their movement and activities. Nearly 18 years after the war, the 36-year-old has returned…
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In Senegal, Dangote follows the phosphate vein
While in Dakar to be decorated by Macky Sall, Aliko Dangote announced an investment of one billion dollars in phosphate. A project considered for a time in Togo. Nigerian billionaire Aliko Dangote announced an investment of over $1 billion to develop a phosphate project in Senegal. The announcement came on Friday, February 2, following fruitful discussions…
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An American Mercenary Resurfaces in the Democratic Republic of the Congo
The UN recently linked Erik Prince, the founder of Blackwater, to a shady mercenary deal in the Democratic Republic of the Congo’s war-torn North Kivu. The alleged deal, and others like it, hold great risk for the region. Erik Prince, the founder of Blackwater, has appeared in yet another UN report on sanctions violations, this time in the…
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SRK Consulting makes director, partner appointments in South African operations
Global consultancy SRK Consulting has appointed partner and principal geologist (geotechnical) Robert Armstrong as a director in its South African consulting practice. Armstrong has been with the company since 2001, when he joined as a student geologist. He has been involved in geotechnical projects throughout Africa, as well as in Argentina, Peru, Russia, Serbia, Iran…
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West African Resources lifts 10-year gold output forecast
WEST African Resources (ASX: WAF) is the region’s emerging mid-tier gold producer, targeting +400,000 oz pa production from 2025 from its Sanbrado Gold Operations and Kiaka Gold Project.increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in 2029. Unhedged resources were reported at 12.8…
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Weir Minerals: Leading by example in the pursuit of net zero
While its technological advancements are ensuring responsible and sustainable mining, Rajen Govender, MD Weir Minerals SA, points out that Weir Minerals is firmly committed to ensuring net zero in its own operations.
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Pan African storms back but investors sit on sidelines
PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of 180,000 ounces for the 12 months ended June would represent “an excellent performance”. Gold production for the six months was 6.7% higher year-on-year at some 98,458 oz, higher than a 94,000 to 98,000…
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Gabon: Announces the discovery of a new oil field with an estimated reserve of 300 million barrels.
China National Offshore Oil Corp (CNOOC) could expand its Gabon deepwater portfolio in the case of a positive result from the recently spud Tigre 1 new field wildcat, targeting the pre-salt Gamba sandstones of Aptian age. Although there have been gas discoveries in the area, CNOOC have clearly indicated that they are targeting an oil…
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panafrican.email: Unveiling Africa’s Resource Wealth: The Top Ten Mineral-Rich Nations on the Continent
Africa is a continent known for its vast and diverse mineral wealth, playing a pivotal role in the global mining industry. In this article, we delve into the top ten mineral-rich African countries, showcasing their significant contributions to the world’s resource landscape. 1. **Democratic Republic of Congo (DRC):** The DRC stands out as a mineral…
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In Zimbabwe, digital gold beats bitcoin
The Reserve Bank of Zimbabwe is trying something new. Or rather, something very old. You think you’ve got problems? Consumer price inflation in Zimbabwe is running at 75% a year. And that’s only the official rate. The International Monetary Fund thinks it’s nearer 175%. Either way, you get your paycheck and you run, not walk,…
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