ALROSA releases first Impact Report
ALROSA, the world’s leading diamond miner by volume in carats, released its first ever Impact Report covering the period 2010-2020. The report summarises the company’s...
Category : BUSINESS
Nigeria records 15% increase in earnings from mining
Nigeria has recorded a 15% increase in earnings from the mining sector. This is according to a new report released by the Nigeria Extractive Industries Transparency...
EU boosts access to electricity in the Virunga area in the Democratic Republic of the Congo
Today, the Commission announces an additional €20 million to finance a new power plant in Rwanguba, that will provide a further 15 Megawatt of electricity....
Strong Sustainability Performance sees Perseus Mining deliver US$385 million to Ivorian and Ghanaian Economies in 2020
Perseus Mining Limited has released its CY20 Sustainable Development Report. The report details the company’s progress over the past 12 months in delivering on its commitment...
ZCCM-Investment Holding acquires Kariba Minerals
ZCCM-Investment Holding (ZCCM-IH) has acquired an additional 50% shareholding in Kariba Minerals Limited from Gemfields Limited at a cost of US$2.5m. The acquisition means that...
Liberum Capital to work with Pensana on ESG
Liberum Capital has been appointed as a consultant and joint broker to Pensana Rare Earths, with a particular focus on environment, social and governance (ESG)...
Zimbabwe earns US$2Bn in mineral exports despite COVID-19
Zimbabwe has earned close to US$2Bn from mineral exports in the first nine months of the year. The haul is for minerals whose marketing falls...
Solid Mineral Development Fund creates huge excitement at Digital #NMW
“We hope to move projects to further stages where financiers are more comfortable to get involved” A presentation by Nigeria’s Solid Mineral Development Fund (SMDF) during a session...
Tanzania’s established mineral centers rack up US $154.8m in revenue
Tanzania’s recently established mineral centers located in the country’s mineral-rich regions has boosted revenue collection to over US $154.8m in the fiscal year 2019/20. This...
Katanga Mining Limited has announced the success of the merger with Yukon Inc. This is following a 99.9% vote by shareholders earlier on in the month.
According to a press statement from the company, terms of the merger state that shareholders other than Glencore International AG are entitled to receive US...