The increased militarisation of diamond mining in Africa where some governments “have very serious democratic deficit” is worrying, a rights activist has said. Zimbabwe-based Centre for Natural Resources Governance (CNRG) director Farai Maguwu told a gathering on the sidelines of a Kimberley Process meeting in
Rwanda is now home to two refineries of gold and tin, both of which have the capacity to process large amounts of minerals from within the country and the region. The refineries are Aldango, which is located at the Kigali Special Economic Zone, and LuNa
US President Donald Trump may love coal, but bankers who actually have to make money – as opposed to losing it on property and casino misadventures – are reluctant to sink capital into new projects to produce the commodity, according to PwC. South Africa’s minister
A mix of political populism, higher commodity prices, and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits,
According to Chamber of Mines (CoM) spokesperson Charmane Russell, the illegal mining industry “is believed to run into billions of rands yearly”. It is often organized criminally and carried out under the auspices of organized criminal syndicates. “Illegal miners operate outside the law and
African Mining Indaba is taking place this week in Cape Town. Mineral Resources minister Gwede Mantashe officially opened the three-day affair. Labour and Mining Analyst, Mamokgethi Molopyane joins CNBC Africa to talk about the mining sector’s outlook in Africa…
The pilot scheme of the “Presidential Initiative to streamline gold mining for the benefit of the people, the artisans, and the governments”, is soon to be launched. Three others states – Niger, Kaduna, Zamfara – which possess mineral resources in large volume, are also to
Perseus Mining Limited (ASX: PRU) (TSX: PRU) chief executive Jeff Quartermaine talks Proactive Investors through the gold producer’s just-released Quarterly Report. The company “produced strongly” from both the Edikan and Sissingue mines, and is progressing funding for its third mine in West Africa, Yaouré
Tanzania named a new mining minister on Tuesday amid a prolonged spat between the government and gold producer Acacia over a $190 billion tax bill, which has severely limited the London-listed company’s operations in the East African nation. Dotto Biteko, whose appointment was announced by
Major stakeholders in the sector like the Nigeria Extractive Industries Transparency Initiative (NEITI) and the Global Rights and Miners Association of Nigeria. Have also expressed worry over the development. The full concentration by governments at various levels on hydrocarbon resources is said to have worsened