Tag: Mining Industry
-
🇿🇼 Zimbabwe’s Gold Deliveries Up 37% in First Nine Months of the Year: Fidelity Gold Refinery Data
This increase to 32.98 tonnes, coupled with a monthly average of 3.66 tonnes, puts Zimbabwe on track to surpass its ambitious 40-tonne gold target for the year, local media reported. Small-scale miners are driving national gold production, delivering 24.5 tonnes by September – a significant increase from 14.6 tonnes the previous year. They now account…
-
🇬🇧 Anglo American’s handling of the De Beers sale
Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the government believes that it hasn’t been properly consulted, sources say. Anglo is selling De Beers as part of a restructuring plan after the company fended off a takeover approach from BHP last year. Botswana is weighing options including buying Anglo’s stake in…
-
🇱🇷 Liberia: Gov’t Announces Revised Fee Structure for Mining Licenses, Permits
The regulation also prescribes royalty rates for various minerals, such as 3% for gold and diamonds, 5% for iron ore, and 8% for strategic minerals. Application fees for licenses range from $50USD to $150USD, depending on the type of application. According to a joint statement from the Ministries of Mines & Energy and Finance and…
-
🇱🇷 The Money Trail in Liberia’s Iron Ore Industry: Accountability, Beneficiaries, and Oversight
Liberia, rich in natural resources, is one of Africa’s largest producers of iron ore, a vital raw material for steel production. However, questions about transparency and accountability have persisted for decades, especially concerning where the revenue from iron ore exports ends up. As large quantities of iron ore leave Liberia’s shores, many citizens are left…
-
Study sheds light on how gold reaches the Earth’s surface
Did you know gold is more plentiful than lead when you analyze the bulk composition of the Earth? You’re probably thinking, ‘Wait a minute, I thought gold was rare!’ deposits. Combining the results of this study with existing studies ultimately improves our understanding of how gold deposits form and can have a positive impact on…
-
Ghana’s Youth Unemployment Crisis and the Rising Tide of Galamsey: A Call to Action for the Diaspora
Ghana, once lauded as a beacon of stability and economic potential in West Africa, is grappling with a critical unemployment crisis, particularly among its youth. With limited opportunities for formal employment, many young Ghanaians are turning to illegal gold mining, locally known as galamsey. This informal and often dangerous activity has grown into a national…
-
🇳🇪Niger Takes Control of Uranium Mine Amid Growing Rift with France
The diplomatic spat between Niger’s military-led government and its former colonial power, France, has taken a dramatic turn. In a move that underscores the shifting dynamics of control over Africa’s natural resources, Niger’s junta has seized control of the Somair uranium mine, which had been operated by the French nuclear energy company, Orano. The Somair…
-
🇿🇦 South Africa sets up inter-agency team to help bring illegal miners to the surface
Authorities in South Africa have put together a team including mine rescue experts to come up with a plan to bring to surface illegal miners On Friday (Nov. 15), a government delegation led by the police minister visited the site and engaged with the community and relatives of the miners who remain under a disused…
-
🇿🇲🇨🇳 China pledges $5 billion investment in Zambia’s mining sector through new association
China has officially launched the Chinese Mining Enterprise Association in Zambia (CMEAZ), a strategic initiative aimed at boosting the Zambian mining industry with a projected $5 billion investment by 2031. The launch event took place in Lusaka on November 12, where Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, highlighted the significant role this association…
-
🇲🇱 Mali detains 3 Australian mining firm executives
Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning, industry and judiciary sources told AFP on Saturday. It is the second time in just over a month that employees of a foreign mining firm have been detained in Mali, as the ruling military junta…
Recent Posts
- Leading Fintechs in Pan-African Countries
- 🇪🇹 Abiy Ahmed Launches Ethiopia’s First Drone Assembly Factory Amid Regional Arms Race
- 🇨🇲 Cameroon judges reject election-rigging complaints
- 🇰🇪 Kenya’s Spiro Secures ‘Africa’s Largest-Ever Investment in Electric Mobility’ to Expand Its Pan-African Network
- Space Weather and Earth Hazard Report: Rare Auroral Displays, Campi Flegrei Unrest, and Pan-African Earthquake Watch
Tags
Africa African Union Algeria Banking Sector Burkina Faso China Cryptocurrency Digital Currency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan African Communication Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .