Market News

A UK firm has announced the discovery of high-grade gold at its mines in Kakamega County.   Acacia Mining said yesterday that it had discovered an estimated resource of 1.31 million ounces of gold at its mines in the Liranda Corridor in Kakamega, whose grade, Acacia added, is one of the highe . . .

Kampala — For the first time in years, there is a mood of cautious optimism in the mining industry, with commodity prices on the rise, shallow growth returning to different end markets, and most mining companies in better cost positions than in the recent past.   However, the industry i . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

The activities of mining firms often affect the communities in which they operate in; In some instances, a large number of people have to be relocated due to mine constructions. It is against this backdrop that players in the mining sector are taking the corporate social responsibility (CSR) agenda . . .

 It seems almost as if there are two parallel economic worlds right now. In the developed economies, commentators and policymakers are bouncing from one moment of turbulence to another (the latest being Brexit) – whilst Africa undergoes structural, industrial and economic change. Africa&r . . .