President Zuma calls for unity as the country grieves Lonmin deaths

Marikana President Jacob Zuma has called on South Africans to unite as a nation as the country mourns the deaths of 34 protestors killed during clashes with police in Marikana, Rustenburg.

ABG to up gold production

African Barrick Gold plc (ABG), one of the largest gold producers in Africa said it expects to increase gold production by about 300,000 ounces a year in the next two years.

South Africa: Lack of Skills Hinders Development – Shabangu

Pretoria — Mineral Resources Minister Susan Shabangu says a lack of skills is one of the binding constraints to growth and development in the mining industry. She said the increasing involvement of mining companies in communities will go a long w...

Tanzania: MP Calls for Uranium Public Education

THE government has been advised to provide extensive public education to those living around Uranium mining areas, on the dangers, and benefits of the mineral. Briefing journalists on Wednesday, the Parliamentary Standing Committee on Energy and Minera...

Canada Wants the Country to Trade Its Diamonds

Canada says it is comfortable with Zimbabwe trading in its Marange gems as the move will strengthen the global diamond industry.

Sick mineworkers set to sue South Africa's Anglo-American

The 54-year-old continued working when diagnosed with early incurable lung disease until he was fired after 30 years, in a story traced on thumb-worn papers in his home off a rutted dirt road in the downtrodden Eastern Cape.

Namibia iron ore riches set to transform Kunene

A planned iron ore mine and a steel plant, with the possibility of a new port, envisioned for the Kunene Region is likely to fast-track Namibia's march towards industrialisation. Eastern China Non-Ferrous Metals Investment Holdings announced earlier in the week the discovery of deposits of over 2 billion tonnes of iron ore in Kunene.

South Africa regrets privatizing steel giant decades ago as it embarks on $100 billion infrastructure programme

Expressing regret that South Africa had sold off its steel-producing state-owned enterprise (SOE), Iscor, Public Enterprises Minister Malusi Gigaba said that government may enter the steel production industry through the creation of either a new state-owned company or a public-private partnership as part of a R800 billion ($100 billion) capital expenditure programme.

Zimbabwe: Govt, Platinum Miner Wrestle Over Earnings

Harare As the crowd of anxious community members and stakeholders waited patiently at the Selous Metallurgical Complex (SMC) on Thursday last week, a white helicopter with blue strips droned past, forcing dust to go round like a billowing sea. Executiv...

Zimbabwe: Govt, Platinum Miner Wrestle Over Earnings

Harare As the crowd of anxious community members and stakeholders waited patiently at the Selous Metallurgical Complex (SMC) on Thursday last week, a white helicopter with blue strips droned past, forcing dust to go round like a billowing sea. Executiv...

Ghana: AngloGold Ashanti Puts in $1.6 Billion for Growth

Encouraged by international prices of bullion, AngloGold Ashanti is to invest between $1.6 billion to $2.2billion annually in 2012 and 2013 to jack up gold production to 5.5 million ounces a year by 2014-15 against current output of 4.5million ounces,

Namibia: Namdeb Donates Redundant Equipment

Windhoek Namdeb on Tuesday through its corporate social responsibility programme donated redundant components and equipment, valued at N$372 440, to Namibia Institute of Mining Technology's (NIMT) Southern Campus at Keetmanshoop in the Karas Region. The

Strengthen mining sector revenue monitoring mechanisms – ZPP

THE Zambian People's Pact (ZPP) has said it expects the Patriotic Front(PF) to strengthen monitoring mechanisms for revenues in the mining sector in order for Zambia to benefit fully from its mineral resource. ZPP's national secretary Peter Sinkamba said

London diamond sorting, sales moved to Botswana

Botswana aims to transform itself into an international hub of the world diamond industry, boosted by a deal in which the De Beers mining and sales empire will transfer the sorting, valuing and selling of rough diamonds from London to Gaborone by the end of 2013. The agreement also provides for Botswana to sell 10 percent of its diamonds independently of De Beers, rising to 15 percent in five years' time. Gaborone's Mmegi newspaper reported Tuesday that all 66 of De Beers' sightholders from around the world are expected to travel to Gaborone at least ten times a year. Africa's failure to add value to resources within their countries of production has long been identified as a major hindrance to the continent's growth.

Namibia: diamond company supports Orphan Trust

Gemxcel Diamonds, has been donating N$7000 per month to the Christina Swart-Opperman Aids Orphan Foundation Trust since August. The money enables the trust to continue with its projects, according to Dr Christina Swart-Opperman. Some of the funds will be

Nigeria: Coal power stations underway in Gombe, Kogi, Enugu

The Federal Government has promised to build three coal-fired power stations in Enugu, Kogi and Gombe states with the capacity to generate 3000 megawatts so as to diversify electricity sources in the country. Power Minister, Professor Bart Nnaji,

Uranium was stolen from Trekkopje

Areva Resources Namibia, a subsidiary of a French giant mining company confirmed on Friday the uranium ore stolen on August 25. allegedly by four men - three Namibians and a Zimbabwean - originated from its Trekkoppje mine situated 80 kilometres north of Swakopmund. The four suspects were arrested and appeared in court after radioactive material was found in their possession.

Nigeria: Mining Sector to Generate Two Million Direct Jobs

Stakeholders in the mining sector said they are targeting to create about two million direct jobs for Nigerians from the sector. Under the Progressive Miners Empowerment Association (PMEA), the miners said if about N200 billion is injected into the sector, it would be revived.

Australia miners taking another look at Uganda

Four years after Hardman Oil sold its stake in Uganda's oil industry, Australian firms are taking a second look at the country with the appointment of an honorary consul to Kampala.

Commodities slump to ease inflation

The fall in commodity prices at the international market amid fears of a slowdown of the global economy is set to reduce exposure to imported inflation and exchange rate instability.

Mugabe threatens western firms in Heroes Day speech

As the country marked Heroes Day, Robert Mugabe used the occasion to make fresh threats to punish foreign owned companies from Western countries that have imposed targeted sanctions on him and his key ZANU PF officials. The US and European Union slapped the sanctions on Mugabe and his cronies because of human rights abuses.

Africa: 'Blood Diamond' regulation system broken

The recent regulatory approval of Zimbabwean diamonds for sale reveals deep flaws in the system, writes Khadija Sharife.

Pre-Qualified Firms to Tender for Coal Power Projects

Eleven firms have been pre-qualified for a concession to manage the Mui Basin coal deposits in Kitui and construct coal-fired power plants as the government steps up efforts to reduce the country's reliance on hydro electricity. The investors, drawn from South Africa, Japan and China are expected to submit proposals to explore and develop the coal resources in four blocks covering an area of 500 square km in parts of Eastern Kenya.

Zimbabwe Chiadzwa diamond fields watchdog rejected by mines minister

Mines Minister Obert Mpofu has rejected the monitor nominated by civil society to oversee operations at the Chiadzwa diamond fields, saying the appointment is null and void. The proposed watchdog is part of ongoing efforts to legitimise Zimbabwe's diamond trade, which was suspended in 2009 over human rights concerns at the Chiadzwa diamond fields. These concerns are still high with ongoing reports of rights abuses and rampant smuggling, all at the hands of the military, which maintains tight controls of the entire area.

Zambia: Mining company seeks partners

Mining company, Sandulula Mining Ltd., is seeking technical and equity funding partners to develop mines in Zambia. Investment opportunity: Mining company, Sandulula Mining Ltd., is seeking technical and equity funding partners to develop mines in Zambia