International News

Accorded as one of the country’s largest gold producer and a major economic contributor and especially to local communities, Nordgold has expanded its investment in Burkina Faso. Nordgold currently runs three mines in the country of which over 360 thousand ounces of gold is produced all together or approximately 40 …

The Angolan government aired out plans of refurbishing the diamond sector as being in progress. Speaking at a conference on the re-organising of oil and gas, Diamantino Azevedo Angolan Minister of Mineral Resources and Oil stated that the diamond sector will undergo similar changes to the oil sector. With the …

CIMIC Group’s global mining services provider, Thiess, through Majwe Mining Joint Venture (Majwe), has secured a A$1.7 billion contract at Debswana Diamond Company’s Jwaneng Mine Cut 9 project in Botswana. Majwe, a joint venture between Thiess (70 per cent) and long-term local partner Bothakga Burrow Botswana (30 per cent), will …

The University Of Witwatersrand School Of Mining Engineering has again scooped a better position in the QS World University Rankings to 13th place in 2019. The latest achievement allows it to retain its position as the highest ranked school at Wits University as it is also the only mining school …

Gwede Mantashe, Minister of Mineral Resources of the Republic of South Africa and Frank Dixon Mugyenyi, Head of Minerals Unit at African Union Commission are expected to promote Africa at the annual Prospectors and Developers Association of Canada (PDAC) is a global premier event for the minerals and mining industry …

Two major African mining economies’ presidents addressed the Investing in African Mining Indaba in South Africa, this year. South African President Cyril Ramaphosa and Nana Akufo-Addo of Ghana shared their thoughts with audience of government representatives, investors, mining companies, the media, NGOs and others. “This Indaba offers us a valuable …

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …

GlobalData’s latest report has forecast that between 2019 and 2022, global zinc supply is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent, to 15.7Mt  in 2022. Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a …

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, …

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 …