Mining Industry

News : Mining Industry

Zimbabwe: Concern Over Gold Smuggling to Dubai

[The Herald] At least 60kg of gold worth millions of dollars could be smuggled from Zimbabwe to Dubai monthly, prejudicing the country of the much-needed foreign currency earnings, Prosecutor-General Mr Kumbirai Hodzi estimates. (AllAfrica)

Congo-Kinshasa: In Secret Action, Trump Administration Granted License to Sanctioned Mining Billionaire Dan Gertler

[The Sentry] Washington, DC -- Experts Recommend Banks Maintain Blocks on Gertler-Linked Assets and Transactions (AllAfrica)

Guinea: Swiss Jail Mining Magnate for Bribing Mamadie Touré

[Public Eye] At the conclusion of a widely followed trial, French-Israeli businessman Beny Steinmetz was today found guilty of bribery of foreign public officials and document forgery by the Geneva criminal court. (AllAfrica)

Tanzania: New Dawn for Gold Industry

[Daily News] As the first among three gold refineries starts operations next month, the country's mining sector can finally attain its intended transformation. (AllAfrica)

South Africa: Country Can't Afford More Delays On Controlling the Use of Explosives

[ISS] At about 21:30 on 12 November 2020, an explosives truck was transporting around 20 925 kg of commercial explosives. Between Delmas and Leandra in South Africa's Mpumalanga province, the driver realised a rear tyre was on fire. He pulled over and warned oncoming traffic to move to safety. (AllAfrica)

Namibia: Vedanta Settles Zambia Copper Mine Pollution Claim

[Namibian] INDIAN mining conglomerate Vedanta Resources has agreed to settle all claims Zambian villagers brought against it. (AllAfrica)

Nigeria: Again, Buhari Blames Banditry On Mining Activities

[Premium Times] Mr Buhari also called for a meeting to end banditry in parts of the North-west and North-central zones. (AllAfrica)

Mozambique: Mitsui Pulls Out of Mozambique Coal Business

[AIM] Maputo -- The Japanese company Mitsui, has announced its intention to pull out of the coal mining business in Mozambique. (AllAfrica)

Angola: Endiama Now Owns 41 Percent of Catoca

[ANGOP] Luanda -- National Diamond Company - Endiama currently holds 41% of the shares of Sociedade Mineira de Catoca (SMC), with the conclusion of the partial purchase of shares from "Odebrecht Angola. (AllAfrica)

Zambia: Global Copper Recovery to Lift Zambia's Economy

[CAJ News] Lusaka, Zambia -- A RALLY in the price of copper globally is a major boost for Zambia in its efforts to revive the economy impacted by the coronavirus (COVID-19) and drought. (AllAfrica)

Ghana: Environmentalist Calls for Fresh Approach to Deal With 'Galamsey'

[Ghanaian Times] A Ghanaian-United Kingdom based environmental conservation advocate, Mr Collins Oppong -Kyekyeku, has appealed to government to initiate fresh policies and guidelines to bring lasting solutions to activities of illegal mining popularly known as ' galamsey'. (AllAfrica)

Zambia: UK Copper Mining Company Settles Pollution Claim With Villagers

[RFI] After six years of seeking damages for the pollution that has affected their lives, more than 2,500 Zambian villagers have been awarded a settlement by a UK company and its Zambian copper mining subsidiary. (AllAfrica)

Zimbabwe: 'Wildlife Management Reforms Long Overdue'

[263Chat] Zimbabwe Environmental Law Association (ZELA) has urged government to institute legal reforms which give effect to the ban on mining activities in national parks as a way of tackling various sustainable wildlife management challenges in the tourism sector. (AllAfrica)

Zimbabwe: Minister Warns Against Disorder in Mining Sector

[The Herald] Small-scale and artisanal miners have been urged to exercise due diligence in their operations to eliminate increased accidents that have led to the led to loss of lives and injured many in in recent months. (AllAfrica)

Tanzania: Tanzania Eyes Nickel Mining in Major Contract With UK Firm

[Citizen] Dar es Salaam -- Tanzania has on January 19, signed a contract with LZ Nickel Ltd to start a joint venture company known as Tembo Nickel Corporation. (AllAfrica)

Zimbabwe: Diamond Exploration Promising in Chivi

[The Herald] Exploration for diamonds in Sese communal lands in Chivi by Murowa Diamond Company is promising, but inconclusive on whether the area has gems that can be commercially exploited. (AllAfrica)

Zimbabwe: Hope Fades for 3 Trapped Miners

[The Herald] The Kwekwe District Civil Protection Unit, which is conducting a search for three artisanal miners who were buried alive following a mineshaft collapse at Yellow Mine in Kwekwe, yesterday clocked four days without success. (AllAfrica)

Zimbabwe: Mineral Exports Surge 27% to Surpass Target

[The Herald] Zimbabwe's mineral exports, excluding gold and silver, for the year 2020 surged by 27 percent, earning the country US$2,4 billion, the Minerals and Marketing Authority of Zimbabwe (MMCZ) has said. (AllAfrica)

Zimbabwe: Army-Linked Anjin Grabs Richest Diamond Claim

[Zimbabwe Independent] An army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has emerged. (AllAfrica)

Africa: How Do We Reverse the Resource Curse?

[Africa In Fact] Scholar Richard Auty first coined the phrase 'resource curse' in 1993 to illustrate the confounding nature of the relationship between natural resource abundance and under-development. Intuitively we expect that natural resources would provide the bedrock for development. To the contrary, empirical evidence suggests a strong correlation between natural resource wealth and poor development outcomes, at least since the early 1970s. For instance, where resource dependency - the proportion of a country's resou (AllAfrica)

Guinea: Mining Tycoon Steinmetz On Trial Over Guinea Bribes

[DW] Mining tycoon Beny Steinmetz has appeared in a Geneva court where he is facing trial for allegedly paying bribes to win lucrative mining rights in Guinea. (AllAfrica)

Zimbabwe: 'Mine Flexes Bosso Financial Muscle'

[Zimbabwe Independent] Kenneth Mhlophe is hoping to ride on his success at attaining mining rights for the club as he seeks to retain control of one of the biggest football clubs in the country, Highlanders. (AllAfrica)

Zimbabwe: Mine Workers Demand U.S.$200 Covid-19 Monthly Risk Allowances

[New Zimbabwe] Mine workers are demanding a minimum US$200 per month as Covid-19 risk allowances arguing the mining sector is one of the key economic cogs not spared from the effects of the coronavirus pandemic. (AllAfrica)

West Africa: Swiss Put Billionaire On Trial, Alleging Mining Corruption in Guinea

[International Consortium of Investigative Journalists] Swiss prosecutors allege that the Israeli billionaire and business associates bribed a wife of the former Guinean president to obtain lucrative mining rights. (AllAfrica)

Zimbabwe: Rushwaya Granted $100,000 Bail

[The Herald] Accused gold smuggler Henrietta Rushwaya has been granted $100 000 bail coupled with movement restrictions. (AllAfrica)

Nigeria: Nigeria Migrates All Mineral Titles to Digital Canvas Expecting Revenue Windfalls

[Premium Times] An official of the MCO also speaks on efforts to better regulate Nigeria's mining sector. (AllAfrica)

Angola: Diamonds - Endiama Records Loss of Two Million Carats

[ANGOP] Luanda -- The State-owned Angolan Diamonds Company (Endiama) recorded a global loss of two million carats of diamonds in 2020, due to the Covid-19 pandemic, a disease that has been hitting the world economy since December 2019. (AllAfrica)

Guinea: Corruption Trial of Israeli Billionaire Begins in Switzerland

[Public Eye] Today, a historic trial is starting in Calvin's city. Israeli billionaire Beny Steinmetz faces charges of "corruption of foreign public officials" and "document forgery" with two business partners. He is alleged to have arranged the transfer of at least USD 8.5 million from 2006 to 2012 to get his hands on the Simandou iron-ore deposit in the Republic of Guinea. Switzerland must take preventive action so that it will no longer be complicit in predatory practices that deprive the populations of resour (AllAfrica)

Kenya: Chaos Rocks Macalder Mines As Factions Clash

[Nation] Tension is high at Macalder's Copper Hill Mines in Nyatike after two factions of artisanal miners clashed over an ongoing mining expedition despite a court directive stopping activities at the site. (AllAfrica)

Zimbabwe: New Forex Rules to Lift Mining

[The Herald] Business Reporter (AllAfrica)

Kenya: Disaster in Waiting At Nandi's Karebe Mines

[Nation] If everything had gone as planned, Karebe Gold Mine, which is the largest of its kind in Kenya, could be part of the country's efforts to jump-start its limping mining sector. (AllAfrica)