News


Gold drops $30 as investor appetite for riskier assets grows

Gold futures dropped sharply on Monday on signs of growing appetite for riskier assets as Japanese stocks surged 7%.

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Acacia Mining swings to loss; dividend flat

LONDON--Tanzania's largest gold miner Acacia Mining PLC (ACA.LN) said Wednesday that it swung to a net loss last year due to a lower gold price, but it will still read more......
{read by 428 people}






Formalising artisanal mining can spark great benefits, say NGOs

 CAPE TOWN (miningweekly.com) – Some of the millions of artisanal mineworkers in the world are starting to get recognition, with more of these miners working read more......
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Low copper prices cripple Zambian towns

The price of copper spent most of last year falling, which has had a profound impact on Africa's second-largest producer of the red metal - Zambia.

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{read by 524 people}






'NAMIBIA TO PASS NEW MINING EMPOWERMENT LAWS BY APRIL 2017'

CAPE TOWN - Namibia wants new laws passed within a year compelling mining firms to have a minimum 20 percent stake reserved for the black majority, before issuing or re read more......
{read by 467 people}






Miners get support, training

THE government has introduced a small-scale mining portal which will connect small scale miners across the country with foreign markets and international mining dealers read more......
{read by 440 people}






Team to examine North Mara problems

MINISTER of Energy and Minerals, Professor Sospeter Muhongo, has announced that a special committee will be formed any time from today to work on chronic problems facin read more......
{read by 469 people}






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Mercury: Slow killer in Uganda's gold mines

  1. Inside one of the dozens of gold camps that dot the foothills and valleys of Mubende in central Uganda, the hustle and bustle is astounding. 'Saigon City" nestled in the valley of Kayonza; Kitumbi …
  2. {read by 28 people}


East Africa leads efforts to cut use of mercury in mining

  1. East Africa is driving a global initiative to phase out the use of mercury in mining, as it is harmful to human health and the environment. Kenya, Uganda, Tanzania, Ethiopia and Burundi have announ…
  2. {read by 38 people}


Tanzania passes laws on renegotiation of mining, gas contracts

  1. Tanzania's parliament passed two laws on Monday allowing the government to force mining and energy companies to renegotiate their contracts, despite pleas from the mining association for more time…
  2. {read by 98 people}


Tanzania's president suspends granting of mining licenses

  1. The Tanzanian president has ordered the mining ministry to suspend the granting of new licenses, a statement from State House said on Tuesday, the latest twist in an ongoing row between the government…
  2. {read by 142 people}


Kenya's economy suffers due to mercury pollution

  1. Mining communities in Kenya lose between Sh174 and Sh342 billion in earning potential every year due to mercury contamination, according to a new study published in The Journal of Environmental Manage…
  2. {read by 113 people}


Hakirasilimali opinion on the Natural Resource Wealth Bills of 2017

  1. At a public hearing today, HakiRasilimali submitted to the parlimentary committees on Energy and Minerals and Constitutional and Legal Affairs its opinion on the following bills tabled in parliament o…
  2. {read by 99 people}



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