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Canadian Lucara extracts a massive diamond in Botswana

The world’s second-largest uncut diamond has been unearthed in the Karowe Mine of Botswana. After the announcement by Canadian company Lucara Diomond Corp, the miner’s share price increased to 11% to C$1.68 a share. The 1758ct diamond is second in size only to the 3 106ct diamond that was mined …

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Zambia and Angola to seek better trade enhancement ties

The Republican president of Zambia has acclaimed the visit by former African heads of states as very meaningful and encouraging to the government in sourcing for more developmental links with Angola. President Lungu says the two countries have not sufficiently integrated economically hence the need for avenues that will enhance …

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Zanzibar Gold expands footprint in Tanzania

Zanzibar Gold has announced plans to acquire Mkuvia gold property, in the Nachengwea area of southern Tanzania, as well as the Fakawi gold property, in the Handeni area of north-central Tanzania. The potential for low-cost extraction of placer gold from part of an extensive gold-bearing placer alluvium at Mkuvia will …

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Burkina Faso’s gold project well timed

The Sanbrado Gold project being constructed by the West African Resources in Burkina Faso is said to be moving on schedule. West African Resources alluded that the Sanbrado project under construction is on target and is within the allocated budget. The developer further announced that this project is set for …

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MoU signed for Iron ore channel in Liberia

A memorandum of understanding (MoU) has been signed between the Republican of Liberia and Guinea with regard to transportation of Iron ore from Zogota Iron Ore in Guinea. This follows the joint vision of economic co-operation conveyed by leaders of the republics of Guinea and Liberia, His Excellence President Alpha …

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