Home / International News (page 2)

International News

Stanbic sends high-profile delegation to Indaba

As part of efforts to signal its commitment to back the mining sector, Stanbic bank is sending a high profile delegation to the upcoming Mining Indaba. “Mining matters to the people of Zambia. It is the country’s largest exporter, its largest taxpayer and largest private sector employer,” said Leina Gabaraane, …

Read More »

Botswana’s Coal in preparations for trade in March

The Masama Coal Mine which is Botswana’s first privately owned coal mine is scheduled to produce its first profitable coal in March. According to reports in the media, the Minergy Chief Executive of the company overseeing the project, Andre Boje alleged that the mine aims to produce 1.2 million tonnes …

Read More »

Ramaphosa, Akufo-Addo billed to speak at Mining Indaba

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

Read More »

Orinoco Gold, AngloGold Ashanti starts work in Brazil

Orinoco Gold has announced that it has just started working with AngloGold Ashanti on establishing an in-country joint venture entity in Brazil. This comes both companies confirmed the original terms of an earn-in agreement signed back in 2017. According to a statement from the companies, the undertaking should be completed …

Read More »

BME’s Africa offerings focus on Mining Indaba

South Africa-based explosives leader BME has announced plans to showcase its African presence, expertise and technology at the 2019 Investing in African Mining Indaba slated for next month in Cape Town. The company plans to highlight its strengthened presence in West Africa, which is poised to become one of the …

Read More »

Vedanta tells top English court pollution case should be heard in Zambia

LONDON – Lawyers for Vedanta Resources told England’s Supreme Court on Tuesday that a case raised against the mining company by nearly 2 000 Zambian villagers should be heard in Zambia not London. India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing …

Read More »

New opportunities in mining sector

New opportunities in the Zambian mining sector: Africa Prospect Development Zambia launched in London at Mines and Money being held from 26 – 29 November 2018. Africa Prospect Development Zambia (APDZ) is a Lusaka based company designed to promote high quality, authentic and appealing Zambian based investment opportunities to the …

Read More »

China’s gold market on the rise

China has become the largest gold producer and consumer in the world in the past two decades. On the backdrop, Roland Wang, Managing Director of China for the WGC said his company aims to work with government bodies, regulators and market practitioners to ‘develop China’s gold market on a long-term, …

Read More »

De Beers acquire Peregrine Diamonds

De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory. The Chidliak resource was discovered in 2008 and is located approximately 120 kilometres northeast of Iqaluit on …

Read More »

Rio’s automated trucks break record

Rio Tinto’s fleets of autonomous haul trucks have achieved a significant milestone at the company’s world-class operations in Australia by moving their one-billionth tonne of material. The haul trucks fitted with Autonomous Haulage System (AHS) technology have now moved more than one billion tonnes of both ore and waste material …

Read More »