International News

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 …

“African Governments and mining companies that they host should co-exist in ensuring that the revenues realised from mining activities are translated into improving people’s welfare,” a United Kingdom official says. Lynne Featherstone, the United Kingdom’s Minister for International Development urged mining companies and African governments to ensure that mining revenues helped to …

AFRICAN coal exploration and development firm Edenville Energy has secured Environmental Impact Assessment (EIA) approval for mining at the Namwele and Mkomolo near Lake Rukwa in Tanzania. The EIA report was submitted to the National Environment Management Council (NEMC) in December 2013, following field studies and analysis in conjunction with …

South African electricity supplier, Eskom recently announced intentions to reintroduce load shedding as South Africa is experiencing winter. The detrimental factors to this course of action are obvious, including the disruption of business and income generating activities. Therefore, continuous power management solutions are essential. Master Power Technologies, with operations in South Africa …

Earnings from proceeds of gold sales in Ethiopia, one of Africa’s leading producers of the metal dropped 30% as global market demand slumped, according to a report. The ministry of trade in Ethiopia said the slump in gold production has resulted in the north African state earning a paltry US$369.31 …

  Glencore Xstrata, the Switzerland based and diversified miner seeking to increase jobs at its Zambian operations-Mopani Copper Mines to accelerate its copper and cobalt production, has a contradictory objective in the neighboring Namibia. The diversified and one of the global commodity traders, in Namibia, wants to cut the same …

Critically anticipated legislation changes intended to regulate the mineral potential of Mozambique, thus help it come to full realization, hinges on the Government’s determination to revoke previous ‘archaic’ laws that impede growth. Realising that the mineral wealth of the country had in 2013 alone generated over US$2 billion for the …