News


ANGOLA UNEARTHS ITS BIGGEST DIAMOND EVER - AN ENORMOUS 400 CARAT DIAMOND WORTH $20 MILLION

In a little over a year since it began operations in Angola, Australian diamond-mining company, Lucapa, has just discovered an enormous 400-carat diamond in the Lulo re read more......
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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......
{read by 801 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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'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 994 people}






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We Will support Ghana To fight Galamsey -- Chinese Ambassador

  1. China has made yet another strong commitment to help the government of Ghana to control the menace of illegal mining properly referred to as galamsey. A number of arable lands have been destroyed b…
  2. {read by 79 people}


Wall around tanzanite mines has started paying off

  1. Tanzania has recorded increased revenues from sales of tanzanite, which authorities attribute to the 24km perimeter wall surrounding the mines in Mirerani in the northern Manyara Region, constructed i…
  2. {read by 151 people}


Tarime suspends small scale mining in Kibaga

  1. According to the Tarime District Commissioner, Glorious Luoga, the mine will remain closed for unspecified period pending an ongoing investigations under the district safety and security committee fin…
  2. {read by 152 people}


Congo miners buying cobalt from artisanal operators to balance market

  1. Despite calls for increased transparency along the cobalt supply chain to avoid alleged human rights violations in the Democratic Republic of Congo, the activity continues to escalate, with as many as…
  2. {read by 138 people}


NBC managers pledge to graduate artisanal miners into mining companies

  1. NBC's Head of Small and Medium size Enterprises (SMEs) Evance Luhimbo said in Geita town where an inaugural Mining Technology Exhibition is underway this week that the Dar es Salaam based bank is read…
  2. {read by 205 people}


Inter-Ministerial Committee On Illegal Mining To Vet Registered Artisanal & Small-scale Miners

  1. The Inter-Ministerial Committee on Illegal Mining is set to vet all registered artisanal and small-scale miners across the country in a bid to regularise their future activities before it makes recomm…
  2. {read by 240 people}



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