Tractafric Commissions 74.5MW Battery Storage System for Kibali Gold Mine
The Democratic Republic of the Congo’s (DRC) Kibali gold mine has received a 7.5MW battery storage system to accompany its 74.5MW micro-grid. Commissioned by French-based...
Mining
Perseus Mining delivers another gold production record in West Africa
Africa-focused gold mining company Perseus Mining announced today that it has achieved another quarterly gold production record, producing 112,786 ounces of gold at its three...
Tanzanian Gold commissions expanded processing plant at Buckreef
Tanzanian Gold has commissioned an expanded processing plant which can process up to 360 tonnes per day at the Buckreef gold project. The expanded processing...
Nigeria Losing $3bn To Illegal Mining
The Director, Technical, Nigeria Extractive Industry Transparency Initiative, Dr Dieter Bassi, has said Nigeria is losing $2bn-$3bn to illegal mining. He said this during a...
Kenya: Foreign Firms Fight Over Sh2.6 Billion Gold in Nairobi Vaults
Two foreign firms are locked in a bitter court battle over a 650kg gold haul valued at Sh2.6 billion that was mined in the Democratic...
Hummingbird reports gold production decline in Mali due to ‘underperformance’ by mining contractor
West Africa – focused gold miner Hummingbird Resources (AIM: HUM) announced today that it poured 22,102 oz of gold at its Yanfolila gold mine in...
New De Beers-Namibia deal shows ‘strong partnership’
Diamond giant De Beers and the government of Namibia signed a new deal on Wednesday laying out the terms of a business agreement that will...
Government suspends Kasenseli gold mining operations in Mwinilunga district
Government has today suspended mining and processing operations at Kasenseli gold mine in Mwinilunga district of North-western province. The mine was operating under mining license...
Zimbabwe’s huge coal reserves might soon be redundant
TOP executives at Zimbabwe’s power utility Zesa Holdings Limited and policymakers are deeply worried about the future of coal-fired electricity projects in the country following...
Angola’s semi-industrial diamond earnings surpass $5m over 2 years
Angola’s revenue from semi-industrial diamonds stood at around 5.1 million U.S. dollars from March 2019 to September 2021, the country’s diamond company Endiama reported here...