Market News

 Pretoria — The National Mining Consultative Forum is underway at the Sefako Makgatho Presidential Guesthouse, in Pretoria, to look into ways of saving thousands of jobs in mining and to mitigate challenges facing the sector. On Tuesday, Mineral Resources Minister Ngoako Ramatlhodi brief . . .

Mr. Sulemanu Koney, Chief Executive Officer of the Ghana Chamber of Mines, says contrary to popular opinion, the mining industry returns a large proportion of its revenue to the Ghanaian economy.   He said, in 2014, for instance, the industry returned approximately 77 per cent of its revenue . . .

The Ministry of Energy and Minerals has warned that children under 18 years are not allowed to be registered as shareholders when applying for mining licences. An official of the ministry, Ms Nuru Shabani, sounded the warning here during a training for small-scale and artisanal miners on the newly . . .

The discovery of one of the world’s most prized minerals — gold — is opening golden opportunities for villagers at Kapsaos location, Aldai in Nandi County. Kapsaos is slowly turning into a hive of activity as residents seize opportunities to extract the resource from their hilly a . . .

 Dual-listed Kibo Mining expects its Mbeya coal-to-power (MCPP) project, in Tanzania, to produce electricity at “well below” national electricity tariffs. “Tanzania has varied electricity tariffs; it can be anything form $0.18/kWh to $0.35/kWh, but our project will come in wel . . .