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Africa: Why Mining Is Hard to Tax

“In Africa as elsewhere in the world, while energy companies might be somewhat undertaxed, mining companies typically are greatly under-taxed. Indeed, it is only a slight exaggeration to say that, with a few significant exceptions, notably Botswana’s diamond mines, mining in Africa is barely taxed

Zimbabwe: ‘Capitalise On Mining Boom’

Mines and Mining Development Minister Winston Chitando has challenged the local manufacturing industry to quickly position itself for anticipated boom of the mining sector to be able to produce and supply key equipment and other inputs required by the sector. Minister Chitando last week told

Zimbabwe: ‘Diversify to Increase Mineral Commodities’

PERMANENT Secretary in the Ministry of Mines and Mining Development, Mr Munesuishe Munodawafa, has implored the mining sector to embark on diversification programmes to increase the number of mineral commodities the country’s economy can benefit from. Mr Munodawafa made the remarks during the Kwekwe Mining

Nigeria: Experts List Challenges Facing Solid Minerals Sector

Owing to the fact that the vast majority of extractable mineral reserves in the country are yet untapped, a senior geologist, Benjamin Ukwuteyinor, has called for reforms in the sector. He said geological and geophysical data on solid minerals in Nigeria were grossly inadequate, adding

Zimbabwe: More Gold Resources At Blanket Mine

TORONTO Stock Exchange listed miner, Caledonia Mining Corporation, has upgraded the resource base at its local gold mining unit, Blanket Mine by 13 percent, taking the miner’s total resource endowment to almost 1.8 million ounces. The upgrade will result in longer term life of mine

Africa’s Biggest Exports

A wide range of products are exported from African economies The African continent is endowed with plenty of natural resources that help boost the economic growth of member states. The natural resources in Africa range all the way from gold and diamonds to agricultural products

Minister: Foreign investors want banks to invest in mining

Minister of State, Ministry of Mines and Steel Development Mr. Abubakar Bwari has  joined foreign investors to appeal to  banks to invest in mining. He made this known while declaring open the first Nigeria Metallurgical Industry Stakeholders’ Forum (MISF) held in Abuja. The theme of