Tag: Mining
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Lithium industry in Africa
Lithium industry in Africa: an expert on recent developments and future prospects Zimbabwe has taken the lead in sub-Saharan Africa’s lithium boom, according to the AmaranthCX network of experts. The alkali metal is a key component in modern batteries. According to Samir Bhattacharya, an associate fellow at the Observer Research Foundation, the southern African nation,…
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Burkina Faso’s Boungou and Wahgnion gold mines now belong to the government
UK-based gold producer Endeavour Mining and Lilium Mining, which is a subsidiary of Lilium Capital, created by US-Burkinabe billionaire Simon Tiemtore, have settled their legal dispute over the sale of two gold mines in Africa after several agreements were signed with Burkinabe Minister of Economy Aboubakar Nacanabo. The conflict began when Lilium acquired the mines…
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Zimbabwe reinstates ban on alluvial and riverbed mining
Alluvial mining extracts minerals from riverbeds and floodplains, while riverbed mining targets river channels. Both can harm the environment and pollute water. On Tuesday, the Zimbabwean government reimplemented its ban on alluvial and riverbed mining to combat environmental damage, media reported. Although the ban was initially declared in 2020, the practice has persisted in recent…
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Zimbabwe Farmers Struggle Against Illegal Mining and Climate Change
Small holder farmers in rural Gwanda, a region in Zimbabwe that borders South Africa, have been affected by a double shock – a combination of heat, droughts and floods caused by climate change, and water contamination and damaged land caused by illegal, small-scale mining. Droughts in Gwanda have significantly affected rural farmers and increased over…
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The governor of South Kivu in the Democratic Republic of Congo has suspended mining operations
The governor of South Kivu in the Democratic Republic of Congo has suspended mining operations in the province also directed companies and operators to vacate the mining sites. Governor Jean-Jacques Purusi Sadiki stated that the suspension, effective until further notice, was due to “disorder caused by the mining operators,” though he did not provide additional…
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Burkina Faso to withdraw mining permits granted to companies from countries that refuse to sell military equipment to the country
The announcement was made by the country’s leader, Captain Ibrahim Traore, during an address to the nation. “Some [powers] have refused to sell us [military] equipment, have blocked the equipment we have bought from certain countries because they have the license for certain components,” President Traore said, adding that “these powers mine minerals in Burkina…
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Zambia mining company to fuel progress with 300 MW coal-fired power plant
Zambia’s Maamba Collieries will build it over two years starting in August, its local shareholder ZCCM-IH announced. The country has been importing and rationing electricity after a drought hit hydropower generation, the main power source for Africa’s second-largest copper producer. “The project’s total cost is estimated at $400 million, with a consortium of debt investors…
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Mozambique: Government Withdraws Mining Licenses in Cabo Delgado
The authorities in the northern Mozambican province of Cabo Delgado have ordered the withdrawal of mining licenses because some businesses, which were granted licenses years ago, are not investing. According to the Director of the Provincial Infrastructure Service in Cabo Delgado, the province had 595 mining titles, but because they were unused at least 200…
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De Beers ditches lab-grown diamonds as it looks beyond Anglo
De Beers will ditch a controversial experiment to sell lab grown diamond jewelry, ending a six-year program that broke one of its oldest taboos. While the company long held the technology to make synthetic gems, it always refused to sell them as jewelry, fearing they would undercut the allure of natural stones. Yet as man-made…
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Zimbabwe mining boss arrested for fraud
The Zimbabwe Miners Federation (ZMF) president has been arrested for fraud after allegedly attempting to sell three mines she does not own. Police spokesperson Paul Nyathi told local media that Henrietta Rushwaya had been taken into police custody after receiving a complaint about mining transactions. Nyathi added that Rushwaya was “assisting police with investigations”. She…
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