mineral resources Archives - AfricaBusiness.com

14Jan

By Africa BusinessNo Comments

Democratic Republic of the Congo, Events

DRC Mining Week June 2021: Returning in safety and in numbers

2021 is set to be a solid year for DRC’s mining sector. The mining community is prepared to meet in Lubumbashi between June 15-17 for the annual DRC Mining Week expo and conference, according to Emmanuelle Nicholls, the Group Director, Mining and Natural Resources at Clarion Events Africa. She also said that DRC’s mining sector did well within this ongoing pandemic caused by COVID-19. Demanded elements like copper, cobalt and gold are extracted well and will be part of the discussion. DRC supplies 70% of the world's cobalt resource which is crucial in making lithium-ion batteries and in the manufacture of magnetic, wear-resistant and high-strength alloys. Responsible mining is growing in relevance as more mining companies take steps to reach out to the local communities in regions they ope...

9Aug

By Tobi BamideleNo Comments

Main, Nigeria News

Nigerian Mining Springs Opportunities for Foreign Investors

Commercial quality mineral resources abound in Nigeria but that’s not the issue here. While it’s true Nigeria has been blessed with grand quantities of gold, diamonds, iron ore, a variety of gemstones and lead, among others, find the technical expertise and financial savvy to take advantage of the resources has long plagued the region. The Federal Gov’t of Nigeria is the custodian of the mineral resources on behalf of the citizenry and they are taking steps to make the resources more lucrative than before but investors have long been weary of sending their money to an area known for its political instability. In decades past, the government granted mineral rights to investors so they could explore, mine and get the minerals to market but the gov't preferred to act as an owner-operator. T...

27Dec

By Africa BusinessNo Comments

African News

South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive Landscape

NEW YORK, Dec., 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive Landscape http://www.reportlinker.com/p01057646/South-Africa-Platinum-Mining-Market-Overview-and-Forecast-to-2020-Trends-Fiscal-Regime-Major-Projects-and-Competitive-Landscape.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Metal_and_Mineral South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive Landscape Summary GlobalData's mining industry offering, "South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major...

6Nov

By Africa BusinessNo Comments

South Africa News

Gold Fields Limited: KDC East Mine Resumes Production

JOHANNESBURG, Nov. 6, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that employees this morning returned to work at its KDC East Mine (formerly Kloof) to resume production after a 23-day strike. All three of Gold Fields' operating mines in South Africa are now back in production. The mine had dismissed 8,100 employees on October 23 for participation in the unlawful strike over the preceding nine days. However, after a deal with the National Union of Mineworkers, the vast majority of them were reinstated to their previous positions. All employees are also eligible for benefits under the Chamber of Mines Settlement Agreement concluded on 25 October 2012. About Gold Fields Gold Fields is one of the world's largest unhedg...

8Oct

By The African Press OrganizationNo Comments

African News

Officials to deliberate a business plan to implement the African Mining Vision

ADDIS ABABA, Ethiopia, October 8, 2012/African Press Organization (APO)/ – The joint partnership of the African Union Commission, the Economic Commission for Africa and the African Development Bank has hailed today’s meeting of the Bureau of the Second Conference of AU Ministers Responsible for Mineral Resources Development as “an important milestone in implementing the Africa Mining Vision.” Convened by the Ethiopian Minister of Mines, Sinkinesh Ejigu, in her capacity as Chair of the Bureau of Ministers responsible for Mines, the 8-9 meeting aims to discuss a Business Plan aimed at establishing the African Minerals Development Centre (AMDC), according to Stephen Karingi, Director, Regional Integration and Trade Division, ECA. “We are all only too aware that despite Africa’s rich ...

22Aug

By Africa BusinessNo Comments

African News, Ghana News

PMI Gold Corporation Announces Significant Drilling Intersections at itsKubi South Prospect

Please download press-release (all figures, tables, contacts): PMI Significant drill results Kubi (Microsoft Word) Key Points: Diamond drilling intersects significant gold mineralization at the Kubi South Prospect, located 1.5km south of the Kubi Main DepositatPMI Gold’s Kubi Project within the Ashanti Gold Belt. The Kubi Project is located on the north-east trending Ashanti Shear Zonewhich hosts AngloGold Ashanti’s world-class Obuasi Gold Mine (pre-mined endowment of 60Moz) 15km to the north, and a series of cross-cutting east-northeast trending structures which coincide with Perseus Mining’s Edikan Gold Mine (6.6Moz) 12km to the south-west. A total of 12 diamond drill holes have been completed for 2,164.5m designed to follow up historical mineralized intercepts. All a...

26Jul

By Africa BusinessNo Comments

African News, South Africa News, Zambia News

Regionalism

by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources . This essay intends to dissect the concept of new regionalism and whilst briefly looking at how it has evolved . With reference to the last point this paper will attempt to link the concept of new regionalism to the recent surge in Regional Trade Agreements (RTA).[1] The crux of this essay however lay in establishing the reasons for increases in RTA’s , that is to say both economic and political positives of jo...

16Jul

By AfricaBusiness.comNo Comments

Africa Travel, African News, South Africa News

How is electricity in South Africa affecting the tourism industry?

by Corlia Goosen Company: Discover Africa Telephone: 021 422 3498 The growth of the business sector and industry along with the population leaves electricity supply short in some parts of the country. An increasingly high demand creates high volumes of output providing South African’s with a grid that struggles to cope and unable to function crashes under pressure. Comparing to electricity in Africa, South Africa is way ahead of the masses and leading the way. Electricity in South Africa: Linking Coal and Tarrifs According to iAfrica.com Business, Public Enterprises Minister Malusi Gigaba said on Thursday 14 June, that the South African government is considering declaring coal a strategic resource, "We are engaged in discussions with the ministers of mineral resources ...