Market News
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Ethiopia: Gold Project Nears Take-Off Phase
Posted on :Thursday , 3rd November 2016
Addis Ababa — The Ethiopia government has set up the Ethiopian Mines, Petroleum and Bio-Fuel Corporation, which will be the investing entity in the country's mineral, oil and gas industry.
KEFI Minerals plc, the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, has alrea. . .Rwanda Mining professionals trained on modern mining
Posted on :Wednesday , 19th October 2016
The government of Rwanda considers mining sector as key in the country development, the sector is now second largest contributor to national economy after tourism. Rwanda Natural Resources Authority considers the Mining sector as greatest opportunity for the country’s economy. In order to promote good practice in mining the department of Mining organized a five days training for min. . .
Kenya promises a more organized mining sector
Posted on :Saturday , 1st October 2016
During the first Mining Forum ever held in Kenya, Mining Cabinet Secretary Dan Kazungu said his country will strive to have more organized mining sector.
Among the first steps the government will implement to work towards that goal is conducting a year-long airborne survey to map mineral deposits. With an initial funding of approximately $29.64 million, the ob. . .Kenya to pick contractor for minerals survey by Dec
Posted on :Thursday , 29th September 2016
Kenya will appoint a company by December to conduct a year-long airborne survey to map its mineral deposits to attract mining explorers to the nascent sector, Mining Cabinet Secretary Dan Kazungu said on Wednesday.
Kazungu said the ministry has initial funding of Sh3 billion from the Treasury in the 2016/17 (July-June) fiscal year to start the survey. Kenya ha. . .Kenya to Spend Sh3 Billion on Mineral Survey
Posted on :Friday , 23rd September 2016
The government says it will spend Sh3 billion to map out mineral sites with the aim of identifying all minerals as part of the country's industrialization strategy.
"The process will begin immediately because the cash was factored in the current financial year," said Mining Cabinet Secretary Dan Kazungu on Tuesday.&quo. . .Please Select an Option
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