Posted on :Friday , 11th March 2016
Zimbabwe Consolidated Diamond Company has commenced operations with over 100 000 carats having been mined two months after operations started. Finance Minister Patrick Chinamasa said yesterday that all revenue proceeds from the mining activities of the merged company will now accrue to Treasury. This is in spite the fact that three companies opposed to the consolidation of diamond mining compan. . .
Posted on :Friday , 11th March 2016
The Australian mining company Triton Minerals, which holds the rights to graphite and vanadium deposits in the northern Mozambican province of Cabo Delgado, announced on 1 March that it is to focus on developing its graphite deposits at Ancuabe.
Posted on :Thursday , 10th March 2016
The local mining sector’s attractiveness has slightly improved, according to the latest survey by Canadian think-tank Fraser Institute.
Posted on :Tuesday , 23rd February 2016
Kenya has contracted a Chinese firm to carry out fresh mineral mapping at a cost of Sh7 billion.
The aerial survey is expected to compile a new geological map detailing the occurrence of minerals around the country, a step that is set to spur investment in the mining sector.
Mining Permanent Secretary Mohammed Mahmud said China has released funding for the project that could sta. . .
Posted on :Tuesday , 29th December 2015
The government plans to fastrack implementation of higher mining royalties to give Kenyans a bigger share of earnings from the country's mineral resources, newly appointed Mining Cabinet secretary Dan Kazungu said yesterday.
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