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Barrick Gold make a new appointment to its board

Anne Kabagambe is now the new independent director of Barrick Gold. The former executive director of the World Bank and has been welcomed as a new addition to the board were she will be representing the interests of 22 Sub-Saharan African countries. These include Tanzania and Zambia, where Barrick has …

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Mining Indaba 2021 goes virtually

Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio Director at Investing in African Mining Indaba the decision has been propelled by the on-going COVID-19 pandemic. “We are sorry to announce the 2021 edition …

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Royalty tax hindering multi-billion Zambia Copper Mine Projects

According to the industry lobby group of copper miners in Zambia, 2 billion dollars of proposed investments have been halted because the royalty tax imposed last year rendered the projects unworkable. The proposal of First Quantum Minerals Ltd. to spend $1 billion to prolong the life of its Kansanshi operation …

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WearCheck’s new transformer monitoring technology gives speedy results

Condition monitoring specialists, WearCheck, recently invested several million Rand in four brand new laboratory instruments for their flourishing transformer division laboratories in Johannesburg, Durban and Cape Town. WearCheck managing director Neil Robinson says the company’s investment in the equipment has relieved some of the current sample volume pressure and reduced …

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