Market News
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Rwanda Is Largest Exporter Of Major Minerals In Region
Posted on :Wednesday , 22nd July 2015
Rwanda is producing more minerals than any country in the Great Lakes Region, says a global not-for-profit agency that has been dealing with the traceability, tracking and due diligence of the so called “conflict minerals.”According to the report by iTSCi program, Rwanda had by May 2015, produced 840 metric tons of minerals from its 815 mining sites.
The iTSCi is an initia. . .
CS Najib Balala: New mining law to be in place by September
Posted on :Friday , 10th July 2015
NAIROBI: A new mining law, which will give the Government a 10 per cent stake in new projects and aims to spur growth of the sector, should be in place by September.
Mining Cabinet Secretary Najib Balala said the Government was eager to put in place the “right framework” to ensure this is done.Kenya exports titanium,. . .Africa: Platinum mining company to invest U.S $131 Million
Posted on :Wednesday , 1st July 2015
Africa's largest platinum mining company, Zimplats, is building a $131 million base metal refinery at its Selous base, a senior official said Friday.
Acting chief executive, Stanley Segula, told parliamentarians visiting the company that $20 million has so far been invested in the project which is expected to create significant new employment opportunities for Masho. . .British High Commission- Africa draw out a Mining partnership
Posted on :Monday , 29th June 2015
The British High Commissioner James Thornton has commended the partnership between the government of Zambia and the British gemstone exploration and mining company Gemfields plc, citing it to be a “very good example” of a British company investing in Zambia emerald-BigBeadLittleBead-flickrGemfields and Kagem are keen to develop an international market for Zambian emeralds. The. . .
Africa: Signs infrastructure sharing agreements with two leading miners
Posted on :Friday , 26th June 2015
Guinea and its state miner have signed infrastructure sharing agreements with two of the country's leading mining companies in an effort to accelerate development of large-scale bauxite projects, a government official and one of the companies said. The accords, hammered out during negotiations in Paris, detail how key infrastructure, including a railway and port in the northwestern Boké . . .
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