The assets are from the end-of-mining contract of Majwe Mining Joint Venture and the auction will be conducted on-site in Jwaneng, Botswana on Friday July 8, 2022 from 09h00. Webcast bidding will be available for overseas buyers. On offer include; sought-after Caterpillar 777D 85 000-litre water trucks, Caterpillar 834H andContinue Reading
AVZ Minerals is set to invest $17.9m in early works and exploration drilling at the Manono Project in the Democratic Republic of the Congo (DRC). AVZ managing director, Nigel Ferguson revealed the report and said a portion of a recent A$75m capital raising, the funds are expected to help the firmContinue Reading
The maiden mineral resource estimation exercise at Mpama South in Democratic Republic of Congo nears completion. Alphamin Resources reported that the assay results are expected to be announced later this month. To date, the miner has completed 24 235 m of drilling in 89 drillholes at its Democratic Republic of Congo-basedContinue Reading
The Angolan ambassador to China, João dos Santos called for investment in mining in his country. This was part of the presentation of new concessions. Santos was speaking on behalf of the Angolan minister of Mineral Resources and Oil, at the third technical presentation of the mining concessions of KassalaContinue Reading
Of the US $ 6.5 billion contributed to Mali’s national economy, a total of US $ 2.6 billion was allocated to taxes, royalties and dividends. Barrick Gold’s contribution to GDP in 2018 was approximately 6%” said president and chief executive Mark Bristow said during a press conference. Twenty years after MorilaContinue Reading
One of the largest producers of copper and cobalt, Shalina Resources and a commodity trading giant, Trafigura have signed a US $600million financing agreement to considerably increase supplies of high-grade cobalt hydroxide and copper cathode from the Democratic Republic of Congo (DRC). The financing agreement will enable Shalina Resources, through its DRC subsidiary, Chemaf,Continue Reading
Zimbabwe’s mining sector has generated US $1.1Bn in the first seven months of 2019. This is quite a leap from the projected target of US $1.2Bn, according to the Minerals Marketing Corporation of Zimbabwe (MMCZ). MMCZ, which falls under the Ministry of Mines and Mining Development, is an exclusive agentContinue Reading
By Oscar Nkala: The non-operationalization of many laws formulated by the Zambian government over the past two decades represents several hidden costs with a negative impact on the productivity of the mining sector, a top mining law expert has said. In remarks published on international taxation law website JDSupra.com, Lusaka-basedContinue Reading
The Android Enterprise Recommended IS530.M1 is a high-level smartphone specifically tailored to the needs and requirements of the mining industry. It had been developed by i.safe MOBILE, the German based innovative specialist for mobile communication devices for safe use in explosion hazardous areas. Android Enterprise Recommended smartphones support features likeContinue Reading
Zambian president Edgar Lungu appointed new finance and mining ministers in a reshuffle that included changes in numerous other departments as well. In a press release by the government of Zambia Patriotic Front Parliamentary Chief Whip Richard Musukwa was named the new Minister of Mines and Minerals Development, taking overContinue Reading
