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‘Rejuvenated’ Zambia Railways Limited has mobilized over US$50 million to re-establish an intermine railway network, ostensibly, to ease the cost of doing business by players in the country’s copper and mining sector. The more than 100-year-old Zambia Railways Limited, one of the beneficiaries of the US$750 million Euro bond finances …

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 …

With various fundamentals besetting the mining and energy sectors, several countries are looking at various cheaper and reliable options to remain sustainable and enhance economic growth and meet demands for their people. With the unstable copper, coal, gold, nickel afflicting the international metal market, most African mining companies have been …