International News

Countries in the 15-member Southern African Development Community (SADC),seek to review and adopt policies to accelerate economic growth having realised the untapped mineral potential. The 34th Heads of States and Government Summit which goes underway in Zimbabwe’s tourism capital, Victoria Falls from August 17-18 want to review policies to bolster …

Vale Mining Limited, Brazil’s diversified multinational miner’s total nickel output stood at 61,700 tons in the June quarter this year, compared to 65,200 tons a year earlier, the company has said. In a statement, the company states that from January to June 2014, the miner produced a total of 129,200 tons …

Reminiscent of South Africa’s raging labour unrest, Swaziland is experiencing a mining sector worker crisis, relative to the small country’s equally small mining industry, a report says. The traditional country’s mining problems have a unique African flavour. Chiefs and their councils have been implicated in allegations of bribery by would-be …

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 …

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 …

Malawi President, Arthur Peter Mutharika seeks to transform the country-chiefly reputed as an agricultural – driven economy- into a mining frontier to assist accelerate its growth. With barely 60 days in office, having ascended to power on the Democratic Progressive Party (DPP) ticket in the country’s first tripartite elections, Mutharika looks poised …

Ivanhoe Mines, the Canadian based – focused and diversified mining project developer is reportedly making headways in its underground diamond-drilling program at its Kipushi unit in the Democratic Republic of Congo. The diversified miner, formerly known as Ivanplats said initial assay (sample) results from its 70 year-old Kipushi copper/zinc/germanium/lead and …

Mineral-rich Democratic Republic of Congo and Guinea are among the new countries that have joined the Extractive Industries Transparency Initiative (EITI) as full members after compliance of the agency’s set rules. DR Congo joins among other African countries, Zambia in the initiative to remain transparent in its dealings on minerals including ensuring …