Posted on :Thursday , 10th December 2015
The soapstone carvers in Tabaka area in Kisii County have called on the government to impose a total ban on exportation of uncut soapstone from Kenya.
According to Jared Nyabuto, a soapstone dealer, both the county and national government lose millions of shillings by selling uncut stones to international dealers who eventually sell them at higher prices.
He noted . . .
Posted on :Saturday , 5th December 2015
According to Reuters, Petra Diamonds Ltd and South African’s Ekapa Minerals would buy De Beers’ Kimberley mines for 102 million rand ($7.1 million). In last May, De Beers announced that it put the mining operations in Kimberley on sale.
Kimberley mines is located in the Northern Cape Province of South Africa. In 1871, a discovery of 83.5 carat diamond near a farm belo. . .
Posted on :Thursday , 3rd December 2015
Liberty Metals & Mining Holdings, LLC, a subsidiary of Boston-based Liberty Mutual Insurance (LMM), has acquired 25 percent of the shares in “Yara Dallol” for USD 51.25 million. Posted on :Tuesday , 1st December 2015 Khartoum — The Ministry of Minerals signed three franchise agreements with national and foreign companies to operate in gold mining and other minerals. Posted on :Monday , 30th November 2015 Rio Tinto has given a go-ahead to a $1,9 billion project to build an Australian bauxite mine, defying a deepening commodities downturn. The investment is the largest that Rio has approved for more than two years, a period when global miners have slammed the brakes on spending following a surge in capital expenditure when they tried to take advantage of rising commodity prices. Expogroup is a full service exhibition organiser with over 29 years experience in International trade exhibitions. Our current portfolio includes 28 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
Yara’s share of the proceeds is USD 35.4 million.
Yara Dallol is a project looking at extracting potash in the Danakil depression in North-Eastern Ethiopia.
Ministry of Minerals Signs Three Agreements to Explore Gold in Some States
Rio Tinto Approves $1,9bn Bauxite Mine
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