Market News
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Gold exports reach $3 billion per year
Posted on :Thursday , 29th October 2015
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 Investment Osama Faisal Elsayed Ali states. Since 2011, the country has embarked on a . . .Tanzania: Acacia Mining Swings to the Red in Third Quarter
Posted on :Saturday , 24th October 2015
Tanzania's largest gold miner announced it posted net loss in the third quarter compared with the same period a year ago due to lower output and higher costs.
The gold mining company reported in its financial statement that it made a reported net loss of 13 million US dollars in the three months to September 30 compared with net profit of 28 million US dollars in th. . .Angola: Mining Centres Crucial for Industrialisation - Specialist
Posted on :Saturday , 24th October 2015
Luanda — The creation of the mining development centres as one of Government's options to diversify the economy, represents a basis for the industrialisation of the country.
This was said by specialist José Cerqueira during an interview on the State-run daily paper "Jornal de Angola" published in its Thursday's edition.Rwanda: Government Streamlines Mining Licence Process
Posted on :Saturday , 24th October 2015
Kenya's Java House has 36 coffee houses and restaurants and plans to open outlets across Africa in the next five years to capitalise on rising consumer spending, its chief executive said.
Kevin Ashley, who founded Java's first outlet in Nairobi in 1999, said the company would open in Kigali, Dar es Salaam, Lagos, Accra and Lusaka. For now, the firm's only outlets beyond Kenya are. . .Kenya: Base Titanium Exported More Minerals in Q3
Posted on :Friday , 23rd October 2015
Base Titanium is calling on the government to put in place policy and legislative frameworks that can help attract more international mining companies to come invest in the largely unexplored sector.
Base Titunium General Manager, Joseph Shcwarz says this is the only platform that will see the country unlocking the potential within the sector.
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