Market News

Khartoum — The Ministry of Minerals has signed and agreement with the Neelan International Company for Mining according to which the company was granted concession block for exploration for gold at Halfa Locality in the Northern State.   The Minister of Minerals Dr. Ahmed Mohamed Sadiq . . .

 Intrepid Mines, an Australian company, has spent more than US$40 million on drilling and exploration works on the Kitumba Mine project located in Mumbwa District.   Intrepid Board representative and non-executive director, Richard Baumfield said the Australian Stock Exchange-listed firm . . .

Intrepid Mines, an Australian company, has spent more than US$40 million on drilling and exploration works on the Kitumba Mine project located in Mumbwa District.   Intrepid Board representative and non-executive director, Richard Baumfield said the Australian Stock Exchange-listed firm under . . .

At full throttle, Portnex International is expected to process 240 000 tonnes of raw chrome per annum which translates to 100 000 tonnes of ferrochrome over the same period. The country's biggest ferrochrome smelter and miner, Zimbabwe Mining and Smelting Company (Zimasco) has signed a $12 million l . . .

 The Rwanda mining sector is set to benefit from a $40 million credit guarantee fund.   The fund is to stimulate lending to the mining sector by reassuring lenders that in the event of default, part of the fund will meet the loss incurred.   Mining is the second export revenue ear . . .