Market News
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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 . . .
Africa and Canada sign mining MoU
Posted on :Thursday , 25th June 2015
The deal, signed in Pretoria by South African mineral resource minister Ngoako Ramatlhodi and Canadian trade minister Ed Fast, encourages increased reciprocal investment in exploration and prospecting activities.
The deal gives particular attention to investment in the junior to mid-tier mining sector, as well as asserting both parties’ commitment to collaborate on skills . . .Please Select an Option
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