Market News

The Australian government has been called on to take more notice of the nation’s important economic footprint in mining in Africa as well as in oil and gas. “Australia has a key role to play in helping Africa realise its mineral potential and contributing to the African Union’s . . .

20 new Rwanda mining licences grantedRwanda’s Ministry of Natural Resources has granted 20 mining licences to qualified companies and cooperatives, among 29 approved by the cabinet. The remaining nine companies which did not make it to new ministerial orders will be awarded their Rwanda min . . .

WILLIAMSON Diamond Mine, the subsidiary of Petra Diamonds, production rose by 7 per cent in the year 2015 to 202,265 carats compared to 188,465 carats in 2014, mainly due to the increase in Run of Mine (ROM) tonnes treated. According to the Petra Diamonds Annual Reports and Accounts, revenue increa . . .

Sudan is one of Africa’s largest gold producers; and a vast resevoir of untapped resources provide further golden opportunities for investors in mining The secession of South Sudan has proven to be the catalyst Sudan needed to revitalize its economy, the country’s State Minister for I . . .

Black Rock Mining (ASX:BKT) has been granted a trading halt this morning, with its shares placed in pre-open. The company requested the halt pending the finalisation of funding for its exploration program, and to strengthen its balance sheet. Earlier in the month Black Rock hit its highest gra . . .