Market News
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South Africa: NUM Signed an Esop Agreement With Two Rivers Platinum Mine
Posted on :Saturday , 7th November 2015
The National Union of Mineworkers (NUM) today signed a collective agreement with Two Rivers Platinum Mine that will result in the speedy implementation of an Employee Share Ownership Plan (ESOP) aimed at attracting and retaining employees, and fulfil the employer's employment obligations to its employees in terms of the Mining Charter. The agreement was signed at the African Rainbow Minerals (A. . .
Tanzania To Become One Of The Largest Producer Of Graphite In The World, Ministry Says
Posted on :Tuesday , 3rd November 2015
The Tanzanian Ministry of Energy and Minerals (MEM) has recently announced that Tanzania will soon become one of the largest producers of graphite in the world, due to recent and abundant discoveries of graphite fields across the country.
The discoveries come mainly from Magnis Resources Limited (ASX:MNS), Mozambi Resources (ASX:MOZ) and Kibaran Res. . .Tanzania: Kagera is Potential Investors� Destination
Posted on :Monday , 2nd November 2015
He noted that Ngara was a strategic point, which borders four countries — Rwanda, Burundi, Uganda and DRC – and, therefore, starting nickel mining would greatly help transform its economy.
Addressing hundreds of Ngara residents recently, Mr Mongela noted that the presence of nickel puts the district at a vantage position due to the fact that when investment starts, a . . .Magnis Resources signs mineral development agreement with Tanzanian government
Posted on :Friday , 30th October 2015
Tanzania - ASX-listed junior Magnis Resources has reached a 10 year agreement with the Tanzanian government on the terms of the mineral development agreement (MDA) for the Nachu Graphite project in Tanzania.
An MDA is a mechanism within the Tanzania Mining Act of 2010 for the holders of a special mining licence (SML) to ensure the rights of both parties are fully defined and prot. . .AAMIG calls for increased Australian government focus on mining in Africa
Posted on :Friday , 30th October 2015
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 Africa Mining Vision,” Australia Africa Mining Industry Group (AAMIG) Chairman,. . .Please Select an Option
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