News


Diamond mine closed over Sh375m tax arrears

Shinyanga. Tanzania Revenue Authority (TRA) has shut down a diamond mine belonging to El-Hillal Minerials Limited in Kishapu District, Shinyanga Regi read more......
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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......
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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 602 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 535 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 483 people}






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Tanzanian president splits energy and mining in ministry shake-up

  1. DAR ES SALAAM, Oct 7 (Reuters) - Tanzanian president John Magufuli split the energy and minerals ministry in two and appointed heads for the new ministries on Saturday, five months after sacking the p…
  2. {read by 58 people}


Tanzania: One Killed, Another Cheats Death Following Mine Accident in Geita

  1. Geita - A small-scale miner has been killed after he was trapped in a collapsed mine at Lwamgasa Village in Geita Rural District on Tuesday. The body of the victim was found Thursday following resc…
  2. {read by 44 people}


Tanzania to auction tanzanite from its source to curb smuggling

  1. Tanzania is expected to auction tanzanite in the mining site of Mererani on Saturday in efforts to sell the gemstones on its source to make the east African nation benefit from its natural resources. …
  2. {read by 57 people}


Two die in attack to Avocet Mining's convoy in Burkina Faso

  1. West Africa-focused Avocet Mining said Wednesday that two paramilitary police officers were killed and other two suffer injuries after unknown aggressors assaulted a convoy carrying fuel to its Inata …
  2. {read by 70 people}


Congo reinstates VAT on imports for mining companies

  1. KINSHASA, Aug 12 (Reuters) - Congo has reinstated a value added tax on mining company imports, the chamber of mines said on Saturday, part of what miners say is a deteriorating business climate in the…
  2. {read by 78 people}


Ghana's gold, diamond output to drop as govt curbs small-scale mining

  1. PANAJI, India, Aug 12 (Reuters) - Ghana's gold output is likely to drop sharply in 2017 because of curbs on the small-scale mining that lifted production last year but was causing damage to the enviro…
  2. {read by 148 people}



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