Uganda announced that it had discovered 31 million tons of gold
Uganda said recent exploration studies have shown it has gold ore deposits of around 31 million tons and wants to attract big investors to develop...
Category : News
De Beers, Botswana extend Debswana diamond sales agreement to June 2023
The Botswana government and Anglo American Plc’s unit De Beers Group have extended their agreement for the sale of rough diamond production from its joint...
Tertiary Minerals rises on positive drill results at Zambian project
Tertiary Minerals PLC on Wednesday reported positive new drilling results from its first drill programme at its Jacks copper project in Zambia. The Macclesfield, England-based...
Oriole Resources announces £400,000 finance package to advance Cameroon assets
Oriole Resources PLC (AIM:ORR) revealed a total financing package of £400,000, including a share placing of £340,000, to advance the AIM-quoted exploration company’s assets in Cameroon....
Castillo Copper grants option to sell Zambian projects for £2.25 million plus milestone; to maintain 25% interest
Castillo Copper Ltd (LSE:CCZ, ASX:CCZ) has awarded London-based company Hyperion Copper a 12-month option to acquire its wholly-owned subsidiary Zed Copper, which holds four assets in the...
DMT Group appointed to lead African mining investment programme
The Secretariat of the Southern African Development Community (SADC) has appointed DMT GROUP to lead on the delivery of an investment programme that will empower...
Glencore unit pleads guilty to bribery in Africa
A British subsidiary of Glencore (LON: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the UK...
Marvel Gold and Oklo Resources deliver strong bedrock gold mineralisation at Malian JV
Marvel Gold Ltd (ASX:MVL) and partner Oklo Resources Ltd (ASX:OKU) have delivered strong bedrock gold mineralisation in a reconnaissance auger drilling program at the Kolondieba joint venture in southeast Mali....
Mining sector boosts State’s nontax revenue
The State has recorded a nearly 50.70% growth in nontax revenue till May 2022 due to a robust increase in the mining sector revenue. The...
A localised approach: Creating opportunities for DRC citizens
As mining services provider Fraser Alexander continues to expand its footprint across Africa, the company has adopted a localised approach at the Tailings Storage Facilities...