Market News

  • Kenya mining industry set for a boom

    Posted on :Thursday , 22nd March 2018

     A new mining act signed into law by President Uhuru Kenyatta could see Kenya’s nascent mining industry finally come into its own. Oil companies, like UK’s Tullow Oil, have been prospecting in Kenya for a few years now, and they are expected to start production by 2021. Due to a mining law passed late 1940 combined with geological data that was 32 years older than that, Kenya m. . .

  • $40m Coltan Plant in Tanzania to boost mineral production

    Posted on :Wednesday , 14th March 2018

     The government officials as well as AB Minerals and Destiny Minerals and Agriculture Consultant (DMAC) representatives met here recently to discuss a project for a plant that will be constructed in Dar es Salaam to add value to tantalum and niobium. It is known that Rwanda, Burundi, Mozambique, Ethiopia, Democratic Republic of Congo and Nigeria will be major importers of the minerals as t. . .

  • Encouraged by positive drilling outcomes of gold expansion, Ortac optimistic

    Posted on :Friday , 23rd February 2018

     Significant mineralisation intersection at the Casa mining project, in the Democratic Republic of the Congo was reported by the Aim-listed Ortac Resources on Thursday

    The new gold assay results emerged from the expansion and infill drill programme currently under way at its Akyanga gold deposit and show 8.70 m at 3.90 g/t gold from 98.40 m, including 2.80 m at 10.62 g/t gold fro. . .

  • New technology to assist with cable-theft detection in mines

    Posted on :Saturday , 2nd December 2017

     New designs of electronic protection and control relays as well as cable-theft detection, in diverse industries, including ventilation and cooling applications in mining and quarrying have been introduced by Mining system solutions supplier Becker Mining South Africa’s Proloc and ProBeck. The relays can also be used in the electrification, municipal, water and wastewater, chemicals,. . .

  • Exploration a priority for building Kenyan mining sector, the results are rewarding

    Posted on :Friday , 23rd February 2018

     World Bank ranked Kenya  among the top 3 most improved economy in terms of ease of doing business in 2016, however in the same year according  to Fraser Institute global survey report the country also improved 16 places in terms of being a global mining destination 

     “Kenya is the gateway connecting east and central Africa, we offer cost effective and r. . .

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