DR Congo: Miner Glencore pays $180m in latest corruption case
The Swiss-based mining company, Glencore, has said it will pay $180m (£147m) to the Democratic Republic of Congo to settle corruption claims. The agreement covers...
Category : News
Towards a Modern and Sustainable Mining Sector in Rwanda
There’s an old saying, “If it isn’t farmed, it’s mined”. Did you eat today? Thank your farming community. Did you receive a call or email...
Komatsu announces plans to acquire German-based manufacturer GHH Group GmbH
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil...
Zimbabwean Govt Stops Issuing Permits for Five Key Minerals
The Government has, with immediate, effect suspended processing applications for new mining titles seeking rights to extraction of five strategic minerals citing overwhelming increase in...
AuKing Mining (ASX:AKN) acquires six uranium and copper projects in Tanzania
AuKing Mining (AKN) has confirmed the acquisition of uranium and copper projects in Tanzania. The company now holds a 100 per cent interest in six...
Syrah Resources to expand Louisiana graphite plant after $220 million grant
Australia’s Syrah Resources on Thursday announced plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant as part...
New shareholder to kick start Sperrgebiet mining
Sperrgebiet Diamond Mining (Pty) (SDM) this week confirmed a majority equity investment by Global Emerging Markets Group (GEM). The new shareholders, the company’s board and...
Rare pink diamond of 170 carats to go on sale this month
A rare pink diamond is among the gems that will be offered for sale by Angola’s state-owned trading firm Sodiam later this month. The 170-carat...
Ghana, Congo must create opportunities for trade, commerce between two countries – President
The governments of Ghana and Congo have agreed to put structures in place to create opportunities for trade and commerce between the two countries under...
Chinese contractor to deposit Sh31m in tiff over mining site
A Chinese construction company has been ordered to deposit Sh31 million in an income-earning bank account pending the resolution of a dispute with a Kenyan...