The legal and fiscal regulatory regime in the Zambian mining sector favours the Government at the expense of other players and there is need to harmonise it to maximize real returns for all players, a legal body has observed. Various reviews undertaken to streamline mining operations from 1993 at the …

Botswana, the best regulated and strongest performing mining sectors in Africa, with diamonds being the main commodity, may soon change its reputation as the leader in the precious metal with forecast increased uranium mining in that country. Botswana’s mining industry, the hosts of one of the much sought after minerals …

Growth of the Tanzania’s mining industry is forecast to stagnate probably until 2018 on account of low gold production, a report by World Mining Report says. Although gold metal is the sector’s mainstay, with the country being the fourth global producer, there are plans by the country to diversify into …

The fate of diversified miner, Vedanta Resources Plc, with operations across the globe including India and Zambia, has heightened with interest groups and lawmakers petitioning the House of Commons in London over the ‘criminal behavior’ of some of the companies listed on the local stock market. Civil rights campaigners, among …

‘Rejuvenated’ Zambia Railways Limited has mobilized over US$50 million to re-establish an intermine railway network, ostensibly, to ease the cost of doing business by players in the country’s copper and mining sector. The more than 100-year-old Zambia Railways Limited, one of the beneficiaries of the US$750 million Euro bond finances …

Ethiopia has identified 20 new mineral deposits this year which include gypsum, limestone, marble and potash says a report from the Geological Survey of Ethiopia (GSE). The discovery of the various deposits in the northern African state, has led to an increase in the national total up in the 2013/14 …

With gold mining being one of Zimbabwe’s mineral resources, the country’s development agency seeks to use a phased recovery approach to revive three of its gold mines which were put under care and maintenance due to under capitalization. According to Zimbabwe Mining Development Corporation (ZMDC) acting general manager Nelson Chinzou, …

South Africa based Mwana Africa Limited will need over US$26 million to revive its smelting plant next year and help sustain operations for Bindura Nickel Corporation, its subsidiary company located in Zimbabwe. The revival of the smelter at an estimated cost of US$26.5 million is envisaged to save the company’s …

With various fundamentals besetting the mining and energy sectors, several countries are looking at various cheaper and reliable options to remain sustainable and enhance economic growth and meet demands for their people. With the unstable copper, coal, gold, nickel afflicting the international metal market, most African mining companies have been …

The recently undertaken extensive geological surveys in Mozambique have revealed new mineral deposits-graphite, iron ore, among others-fueling hopes for the country’s economic growth in the Southern African state. According to Mozambique’s Mineral Resources Minister Esperance Bias, the mining industry in Mozambique is getting bigger, seen as great news to the …