Market News
-
Rwanda Grants Licences to 20 Mining Companies
Posted on :Wednesday , 11th November 2015
Rwanda's Ministry of Natural Resources has granted mining licences to 20 companies and co-operatives that are among the list of 29 approved by the Cabinet.
The 29 licences have a total value of Rwf7 billion ($9.4 million) spanning five years. They are the first to be issued under the new mining and quarry law of May 20, 2014 and its ministerial orders. One small-sca. . .SNC Wins Contract to Build Ethiopian Potash Mine and Processing Facility
Posted on :Wednesday , 11th November 2015
SNC-Lavalin has been awarded an engineering, procurement and construction management contract for a potash mine and processing facility in northeastern Ethiopia.
The project is being developed by Norwegian chemical company, Yara International ASA and is located in the Dallol region of the East African country. Though SNC did not disclose the value of the contract, the facility is. . .Zim Chrome Exports Resume
Posted on :Monday , 9th November 2015
Zimbabwe resumed chrome exports last week for the first time since 2011 when Government imposed a ban of raw chrome exports to encourage beneficiation of the mineral.
The Government lifted the four-year ban on chrome ore exports in June this year to boost foreign earnings from the sector and enhance viability of small-scale miners.Whi. . .New Luika Gold Mine Announces Life Extension And 506,000 Oz Of Gold
Posted on :Monday , 9th November 2015
Shanta Mining Company Limited (SMCL), a subsidiary of the UK-based Shanta Gold Limited (AIM:SHG) involved with gold mining, development and exploration in Tanzania, has recently released the Life of Mine (LOM) extension study for its New Luika Gold Mine (NLGM) project which indicates new total reserves of gold at 506,000 ounces (oz) up from 479,000 oz found in 2013.
Sunridge Gold Agrees US$65mln Sale of Eritrea Gold Mine
Posted on :Monday , 9th November 2015
Sunridge Gold shot up around 50% after it struck a US$65mln (C$85mln) cash deal to sell its majority stake in Asmara Mining, the joint venture company that owns the Asmara mine, in Eritrea.
Michael Hopley, Sunridge chief executive, highlighted that the proposed deal is at a premium valuation.
He added: “(it) equates to a significant premium to the present mar. . .Please Select an Option
Expogroup
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.
EXPOGROUP © 1996 - 2025 | Privacy policyFacebook
Links
