PLATINUM miner, Mimosa Mining Company, has put its US$134 million North Hill project on hold due to a challenging operational environment, characterised by declining global prices among other challenges, NewsDay Business can report. The project, intended to replace the South Hill mine, has been suspended, pending an improvement in marketContinue Reading
China’s investment in Africa is experiencing a significant resurgence, particularly in infrastructure projects centered around vital minerals crucial for the global energy transition, notably lithium. According to Reuters, China has committed substantial funds to new development initiatives and trade ventures in Africa, with recent Chinese investments soaring by 114% lastContinue Reading
Botswana has affirmed speculations circulating in the market regarding its intent to bolster its ownership in De Beers, amid Anglo American’s (LON: AAL) plans to divest or offload the diamond producer. President Mokgweetsi Masisi declared during a political gathering north of Gaborone, the capital, on Monday, as reported by Bloomberg,Continue Reading
The United Nations Economic Commission for Africa (UNECA) plans to support Rwanda strategic sectors, targeting key projects such as the Gabiro Agribusiness Hub and Gako beef farm. This was said by UNECA’s Executive Secretary Amb Claver Gatete following a meeting with Prime Minister Edouard Ngirente on Monday, June 10. “The United Nations EconomicContinue Reading
Uganda has been commended by the Oslo-based Extractive Industries Transparency Initiative (EITI) Board following a recent validation of the country. Uganda’s validation score published by the EITI Board on May 21 was based on the implementation of the 2019 EITI standard. According to the EITI validation classification, a score ofContinue Reading
DY6 Metals has secured a license for its Tundulu rare earth project from the Malawian Department of Mines. The project site includes several hills, with Nathace Hill at its center. Located in southern Malawi, the Tundulu project is a carbonatite complex known for its rich rare earth elements (REEs) andContinue Reading
Water is an essential resource for populations. In the Haute Matsiatra and Amoron’i Mania regions of central Madagascar, managing water presents significant challenges. Conflicts over water use frequently arise among residents sharing the same watersheds. In response, GRET and Agrisud International have joined forces to promote equitable water management throughContinue Reading
The Lands and Mining Watch Ghana (LMWG), a civil society organisation has called on President Nana Addo Dankwa Akufo-Addo to intervene to restore the rule of law and to protect Ghana’s 10 per cent stake in the Adamus Resources. “We are appalled by the revelation that Angela List, Group CEOContinue Reading
A nonprofit organisation, the Corporate Accountability and Public Participation Africa (CAPPA) has advised the Nigerian government to approach its pursuit of industrial-scale lithium mining with a deep sense of environmental accountability and the protection of local livelihoods. The organisation’s advice comes in the wake of the Nigerian government’s commissioning ofContinue Reading
On Wednesday, the Minister of Solid Minerals Development, Dele Alake, met with 32 state governors and reached a consensus to form a joint committee to address mining issues collaboratively. The meeting, chaired by AbdulRasak Abdulrahman, Chairman of the Nigerian Governors Forum (NGF) and Kwara State Governor, was a significant stepContinue Reading
