MMG commits to Kinsevere expansion in DRC plus new Chalcobamba pit in Peru gets green light
MMG Ltd has announced progress with two major expansions at its mining operations – first off it has approved extending the life of its Kinsevere...
Mining
Tanzania: Ministry Hails Ggm for Implementing Mining Act
THE Permanent Secretary of the Ministry of Minerals, Mr Adolph Ndunguru, yesterday praised Geita Gold Mining (GGM) for adhering to government laws and executing mining...
PRODUCER PRICES INCREASE ACROSS VARIOUS COMMODITIES IN THE LOCAL MINING SECTOR IN Q4 2021
Producer prices increased across various commodities in the local mining sector during the 4th quarter of 2021, according to the latest Producer Price Index released...
ExxonMobil plans Bitcoin mining in Nigeria
The United States-based oil corporation, ExxonMobil, has concluded plans to mine Bitcoin in Nigeria. ExxonMobil’s NGL Industry Outlook Advisor, Eric Obrock, had proposed Bitcoin Proof-of-Work...
Nigeria’s Economic Status And The Mining Sector
It’s indisputable that Nigeria’s mining sector is presently in a moribund state, despite the government’s diversification mantra. Mining is usually referred to as the extraction...
Africa’s top bauxite exporter Guinea posts 4% rise in shipments
Africa’s top bauxite exporter Guinea shipped 85.6 million tons of the ore last year, 4% more than in 2020, according to its mining ministry. Despite...
Why South Africa’s miners are missing out on the commodity boom
South Africa is missing out on some of the riches on offer from the commodities boom as a rail network beset by problems affects its...
Angola’s Minister: Country to Become 2nd Largest Diamond Producer by 2030
Angola’s Minerals Minister Diamantino Azevedo is optimistic about his country’s diamond future: According to a quote he made by Vera Angola, cited by Rough & Polished, Angola...
Tanzanian Gold receives mining license renewal extension for Buckreef project
Tanzanian Gold (TSX: TNX) announced today that it has been granted an extension to the renewal date for the Special Mining License (SML 04/92) at...
Higher premium fuels Odisha mining revenue increase, triples to ₹45,000 crore
Odisha’s mining revenue has crossed a record ₹41,000 crore in 2021-22 due to the high premium quoted by several mines leaseholders who won the mining bids...