Market News
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Africa Inks Three Gold & Mineral Prospection Agreements
Posted on :Monday , 30th November 2015
The Sudanese ministry of mining Sunday signed three agreements with national and foreign firms for the prospection of gold and other minerals in the Northern state, the states of South Kordofan and the Red Sea.
The first agreement was signed with the Italian Kobe International to prospect in the locality of Dalgo in the Northern State.
The second agreement was signed with . . .African nation gets US$15mn credit from World Bank for mining sector
Posted on :Friday , 27th November 2015
African nation Togo has received a US$15mn World Bank IDA credit amount to strengthen its mining sector
mining tama66 pixabayTogo's mining sector is crucial to the growth of the country's economy.The five Togo Mining Governance and Development project is valid from 2016 to 2020 and will streamline the mining sector to increase its efficiency and accountability. . .Parliament to Discuss New Mining Law Next Month
Posted on :Wednesday , 25th November 2015
A new mining law to be debated by parliament starting next month promises to improve the environment for investment and generally enhance Uganda’s mining sector.
“We hope to have a new law for debate in Parliament by December,” Peter Lokeris, the State Minister for mineral development told the annual general meeting of the Uganda Chamber of Minerals and Petroleu. . .Tanzania: Black Rock Mining Plans Drilling at Newly Confirmed Graphite Zone
Posted on :Thursday , 19th November 2015
Black Rock Mining (ASX:BKT) has discovered extensive graphite mineralisation at its Bagamoyo project in Tanzania, with 40-55 kilometres of strike potential identified.
The early-stage fieldwork mapped a 3.5-kilometre by 700-metre zone of graphite mineralised footprint within the project’s Central lode as well as additional graphite mineralisation identified over 7 kilometre. . .Ethiopia Government to Invest up to US$20m in Tulu Kapi Gold Project
Posted on :Tuesday , 17th November 2015
AIM-listed gold exploration and development company Kefi Minerals has received formal confirmation from the Government of Ethiopia of its intent to invest between US$15 and US$20 million in the Tulu Kapi gold project.
This investment will provide the government of Ethiopia with an equity interest in Kefi Minerals Ethiopia (KME), a wholly-owned subsidiary of Kefi Minerals that owns and op. . .Please Select an Option
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