Market News

  • East Africa to explore more mining options, and develop trade expansion

    Posted on :Saturday , 1st August 2015

     Rwanda has signed mining contracts with six mining companies to exploit 10 mining concessions that could potentially bring about profits to the tune of US$45mn over the next five years

    stripmine-tomdef-sxchuThe six companies will mine tantalum, tin and tungsten ores. 
    The concessions are in the western part of Rwanda and will bring in investments of about around. . .

  • Governors to Get a Seat in Minerals Board

    Posted on :Friday , 31st July 2015

     A representative of the Council of Governors will sit at the Mineral Rights Board after a Senate committee introduced changes to the Mining Bill set to be debated Thursday.Senate needs to pass the Bill to beat the August 27, deadline of publishing the Mining Bill, which will have a huge impact on the mining sector.

    Introduction of membership from governors is seen as a key strat. . .

  • Danakali�s Pilot Plant Testing on Schedule for Colluli Potash

    Posted on :Friday , 31st July 2015

    Danakali, formally South Boulder Mines, has continued to tick off the milestones during the June quarter as it advances the Colluli Potash Project.The project which is located in the Danakil region of Eritrea, East Africa, and is a 50/50 project is a joint venture between the Eritrean National Mining Company (ENAMCO).The Danakil region is an emerging potash province, and one of the largest unex. . .

  • Base resources achieves a 9% increase in production

    Posted on :Thursday , 30th July 2015

     Base Resources Limited has released its quarterly operational update for the Kwale mineral sands operations located in Kenya.

     
    With consistently high availabilities and increased throughput in both the wet concentrator plant and mineral separation plant, the Company remains focused on driving product recoveries and increasing throughput opportunities.
  • Africa: Tawana Resources discovers minning opportunities & expansion

    Posted on :Friday , 24th July 2015

     Mining company Tawana Resources has discovered a new high-grade Direct Shipping Ore (DSO) hematite mineralisation in Monrovia, Liberia

     
    The newly-discovered DSO mineralisation contains around 62.8 per cent to 66 per cent iron, stated company officials.
     
    Aside from the high-grade DSO, Tawana Resources has also discovered a strike of. . .

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