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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...

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,
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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.