CALEDONIA MINING CORPORATION DEEPENS COMMITMENT TO ZIMBABWE

Posted on October 9, 2020 by Gambeta News

Despite the currency crisis and input shortages in Zimbabwe, Caledonia Mining Corporation is signing an MOU agreement to further deepen their investment in the country. In May, Caledonia said it could use some of the extra cash to acquire small brownfield operations in Zimbabwe, as part of a growth strategy …

BOTSWANA’S DIAMOND GIANT BANKS ON DEEP POCKETS TO RIDE OUT COVID CRISIS

Posted on August 21, 2020 by Gambeta News

De Beers, a diamond giant in Botswana is hopeful that the festive period will see a bounce back in earnings. The first half of the year witnessed a drop in earnings by 54% as a result of the COVID-19 pandemic. This slump also affects Botswana, as government revenues are derived …

NAMIBIAN MINE WORKERS OFFERED VOLUNTARY RETRENCHMENT PACKAGE

Posted on June 30, 2020 by Gambeta News

Trevali Rosh Pinah Mine at Rosh Pinah mining settlement in the //Kharas region has offered its 429 workers voluntary retrenchment packages.

In a letter dated 25 June 2020, the company’s management informed workers it has launched a series of consultations and negotiations with the employee leadership to look at ways …

RWANDA AND ZIMBABWE SIGN MINING DEAL

Posted on August 29, 2019 by Gambeta News

Memorandum of Understanding (MoU) Signed between Rwanda and Zimbabwe to boost mining sector.

Rwanda and Zimbabwe has sign an MoU that will aim to spur business and private sector involvement. This MoU will help the mining sector in promoting and creating more opportunities for citizens in both nations. The mining …

NIGERIA’S MINING SECTOR TO RECEIVE US$3.32bn FROM PRIVATE INVESTORS

Posted on October 17, 2018 by Gambeta News

Nigeria mining sector set to get US$3.32 billion as private investors show interest.

At the ongoing Third Annual Nigeria Mining Week in Abuja, Nigeria’s Minister of State, Mines and Development Alhaji Abubakar Bwari, said private investors are ready to commit about US$3.32 billion to fund projects in Nigeria’s mining sector.…

AVESORO HITS MILESTONE PRODUCTION IN LIBERIA AND BURKINA FASO

Posted on April 11, 2018April 11, 2018 by Gambeta News

Avesoro have hit a major gold mining achievement in Liberia and Burkina Faso.

Avesoro Resources Inc, a West African-focused gold producer have in Quarter 1 of this year achieve a landmark production at its New Liberty gold mine, in Liberia, and its Youga and Balogo gold mines, in Burkina Faso. …

DRC MINING WEEK, EXPO & CONFERENCE

Posted on April 5, 2018 by Gambeta News

DRC MINING EXPO AND CONFERENCE PROVIDING MARKET INTELLIGENCE, STRATEGIC SOLUTIONS AND INNOVATIVE TECHNOLOGIES

Grand Karavia Hotel, Lubumbashi, DRC

13-15 JUNE 2018

DRC Mining week basically provides an open dialogue between government, mining operators and also technologies services providers will strengthen productivity within daily operations in the region.

The 2018 edition …

WEST AFRICAN MINING AND POWER EXPO (WAMPEX) 2018

Posted on March 12, 2018 by Gambeta News

ACCESS THE MINING HUB OF WEST AFRICA

ACCRA INT’L CONFERENCE CENTRE, GHANA

30 MAY – 1 JUNE 2018

West African Mining and power expo is an unrivaled international platform for business opportunities. Exhibitors from around the world participate at WAMPEX to showcase latest technologies, innovations and products. In addition WAMPEX …

ELECTRA MINING BOTSWANA 2019

Posted on March 9, 2018 by Gambeta News

Africa’s leading mining, industrial and power generation expo.

ELECTRA MINING; Gaborone Fairgrounds, Botswana from 10 Sep – 12 Sep 2019.

Electra Mining Botswana is the Botswana home of Africa’s leading mining, industrial and power generation expo. Powered by Electra Mining Africa, also the trade in Botswana is basically for business …

ELECTRA MINING AFRICA 2018

Posted on March 6, 2018March 8, 2018 by Gambeta News

RICH GROUND FOR NEW CLIENTS

ELECTRA MINING AFRICA 2018; Expo Centre Nasrec, Johannesburg, South Africa from Monday, 10 September to Friday, 14 September 2018.

Electra Mining Africa creates avenue to connect with over 30000 visitors and watch your business grow . It also showcases new products to the market with …

PERSEUS COMPLETES FIRST GOLD POUR AHEAD OF SCHEDULE

Posted on January 29, 2018 by Gambeta News

Perseus mining has done her first gold pure ahead of schedule

Perseus mining company completed its first gold pour in Ivory Coast one month ahead of schedule.

The estimated capital cost of the full development of the mine and infrastructure, amounted to $107-million. As part of the implementation of …

ANNUAL GOLD PRODUCTION IN MALI UP BY 5%

Posted on January 18, 2018 by Gambeta News

Mali’s gold production increased by 5%.

Production of gold in Mali increased by 5% from the previous year the figure exceeds the 46.9 t that Africa’s third-largest producer managed in 2016 and was well ahead a forecast of 45 t that the government had predicted half way through 2017.

Karim …

BARRICK GOLD REPORTS US$11m LOSS

Posted on October 30, 2017 by Gambeta News

Barrick Gold Corporation announces US$11m loss due to Goodwill payoff agreement with Tanzania.

The world’s largest mining company Barrick Gold Corporation has reported that it lost US$11m in the third quarter due to an increase of a tax provision related to a goodwill payoff of US$300m, the company agreed with …

ALIKO DANGOTE CRITICIZES PRESIDENT OF TANZANIA OVER POLICIES

Posted on October 12, 2017October 12, 2017 by Gambeta News

Foreign Investors stress worry over the recently signed government policy requesting a free 16% ownership in all foreign owned businesses

President of Dangote Industries, Mr. Aliko Dangote expressed his frustration over the enacted law, stressing that Mr. John Magufuli (President of Tanzania) is “coming through the back door to seize …

MINING ACTIVITIES COMMENCES IN GUINEA AFTER RIOTS

Posted on September 27, 2017September 29, 2017 by Gambeta News

Bauxite mining activities commences again in Guinea after dialogue with protesters.

Protests and riots by enraged Guinean youths due to electricity cuts and lack of job and services had led to the halt of mining activities in the country, especially in the Guinea’s Boke region which is “home to two …