Market News
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Africa\'s Obuasi gold mine to be redeveloped
Posted on :Wednesday , 23rd September 2015
USA-based Randgold Resources Limited and South Africa’s AngloGold Ashanti Limited have have decided to form a joint venture to redevelop and operate AngloGold Ashanti’s Obuasi gold mine in Ghana
goldmining Calistemon wcThe Obuasi gold mine will be enabled with ramp access for better transportation of materials and workers.The two companies signed a. . .Sudan Says 2015 Gold Production Reached 54 Tonnes
Posted on :Saturday , 19th September 2015
Khartoum — The Sudanese Minister of Minerals, Ahmed El Sadeg El Karori, announced yesterday that the country's gold production amounted to 54 tonnes in the past eight months. Against the current market price of US$35,579 per ton, the production value would be close to 1,9 billion dollar.
Sudan is emerging as one of Africa's top gold producers. The Minister sai. . .Southern Africa: Namibia Subsidises Botswana\'s Diamond Industry
Posted on :Saturday , 19th September 2015
Not too long ago, diamond profits and taxes were seen as the most single biggest source of Namibia's state revenue.
Now, many would tell you that the main source of revenue is actually import duty from the Southern African Customs Union (Sacu), which is only partially right. By 2014 Sacu revenue for Namibia's tax coffers was estimated at 37% of total government inco. . .
Zambia: Mines Ask for Relief On Investment
Posted on :Saturday , 19th September 2015
THE Zambia Chamber of Mines (ZCM) recommends that deduction of capital allowances for the mining industry should be reverted to 100 per cent on total capital expenditure per annum.
ZCM president Nathan Chishimba said in submissions for the 2016 National budget that most mining expansion projects were long term in nature and that it was important to give relief durin. . .Africa: CIO Mining Africa Summit to Bring a New Dawn for the Mining CIO
Posted on :Saturday , 19th September 2015
With technology being dynamic and more and more organisations adopting Cloud and Big Data technologies, it is essential for any organisation that wants to be successful to have a CIO.
This has seen the role of the CIO in any organisation evolve in the recent past not only in the IT industries but across all sectors. More and more organisations see how IT can revolut. . .Please Select an Option
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