Market News
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Zambia Signs Deal With China for Geological Mapping
Posted on :Wednesday , 13th April 2016
THE Government has signed a five year agreement with China geological survey to carry out a geological mapping for Zambia.The cooperation is expected to be beneficial as it will enhance geological, geophysical and geochemical data gathering in areas where the geological survey department has not conducted mappings.Mines and Miner. . .Kenya: Cabinet Approves New Mining Policy To Attract Fresh Investment in Sector
Posted on :Thursday , 7th April 2016
A new all-inclusive Bill is set to be published to guide mineral wealth exploitation and address governance and environmental issues after the Cabinet on Friday approved a mining policy to attract fresh investment to the sector.
Mining Cabinet secretary Dan Kazungu said the new Bill will address key gaps in the Mining Act of 1940, and align the sector to the latest . . .Zimbabwe: U.S.$100 Million Mining Loan To Be Finalized by Govt
Posted on :Thursday , 31st March 2016
GOVERNMENT is working with China to finalise the guarantee needed for the $100 million loan meant for the small scale gold sector, Deputy Minister of Mines and Mining Development Fred Moyo has said. "It has been very slow," said Mr Moyo. "Government is guaranteeing so many transactions as such it has been difficult to come up with another option as we are not easily bankable.&quo. . .
Uranium Production in Namibia to Triple in 2017
Posted on :Wednesday , 30th March 2016
NAMIBIA'S uranium production is expected to be three times the volume produced in 2015, according to statistics issued by finance minister Calle Schlettwein in parliament recently.
"We are of the opinion that, in spite of weak commodity prices and relatively slow growth in external demand, the coming into operation of large-scale mining projects will support de. . .Zimbabwe: Mining Co. Set to Increase Gold Production
Posted on :Wednesday , 30th March 2016
Redwing mine, a subsidiary of South Africa-based Metallon Gold is set to increase gold production after resuming operations following a de-flooding exercise, management has revealed.
Redwing mine stopped operations in 2008 after Zimbabwe Electricity Supply Authority (ZESA) cut power supplies over payment issues. The move contributed to massive flooding of shafts as . . .Please Select an Option
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