Toronto Annual Mining Insight: The 2024 annual mining conference in Toronto, celebrated as the world’s premier mining event, recorded an unprecedented attendance of 26,926 participants. Critical minerals dominated discussions, spotlighting Canada’s role and Africa’s vast resources. Africa – A Treasure Trove of Critical Minerals: Ray Goldie, president of the Prospectors and Developers Association of Canada,…
Uganda possesses an abundance of critical mineral resources, such as gold, uranium, limestone, marble, graphite, iron, copper, and cobalt, which hold significant potential to facilitate the nation’s transition to a green economy. These resources were instrumental to Uganda’s economy in the past, contributing up to 35% of the country’s export earnings during the 1950s and…
In a significant policy pivot aimed at bolstering domestic value addition and attracting investment, the Nigerian government has declared a new directive that mandates mining companies to commit to local processing of minerals to be eligible for mining licenses. This approach marks a departure from the nation’s traditional strategy of exporting unprocessed raw materials. According…
In the shadow of the global geopolitical chessboard, the United States is strategically broadening its alliances, eyeing Africa’s rich mineral deposits as a counterbalance to China’s and Russia’s dominance in the critical minerals market. Deputy Treasury Secretary Wally Adeyemo’s recent remarks underscore America’s intent to diversify its supply chains away from these geopolitical rivals, signaling…
Burkina Faso’s junta-led government recently initiated the construction of its inaugural gold refinery, aiming to refine the country’s primary mineral resource on-site. With a daily capacity of approximately 400 kilograms (880 pounds) of gold, the refinery is anticipated to generate 100 direct jobs and 5,000 indirect employment opportunities, as announced by Ismael Siby, CEO of…
The Minerals Council South Africa appoints Mzila Mthenjane as its new Chief Executive Officer. Mzila Mthenjane is the new CEO of Minerals Council South Africa. Mthenjane will leave his role as Executive Head for Stakeholder Affairs at Exxaro Resources to join the Minerals Council. He has more than 30 years of experience in the South…
Botswana Diamonds (LSE: BOD) has begun mining at Marsfontein in South Africa, as a proof-of-concept trial project that it expects will help improve operations at its larger Thorny River project. The company, headquartered in Ireland with 12 other subsidiaries, experienced “teething issues,” including plant delivery delays and adverse weather, said it’s now on track to…
Nigerian and Swiss firms have signed a pact to develop precious metals and artisanal gold mining value chain. On the sideline of the Investing in African Mining Indaba at Capetown, South Africa, Dukia Gold & Precious Metals Refining Co. Limited Nigeria and Philoro Global Trading AG Switzerland, signed a Working Together Agreement to deepen participation…
The President of the Liberia Chamber of Mines, Amara Kamara, has informed investors at the just-ended Investing in African Mining conference in South Africa that Liberia is fast becoming a new destination for gold in West Africa as evidenced by an increase in gold exploration, gold mining, and semi-industrial gold mining activities around the Country.The…
CAPE TOWN, May 9 (Xinhua) — Major mining countries in Africa on Monday highlighted the great potential and prospects in Africa’s mining sector in “green metals” and other minerals while expecting investment in the sector to bring more benefits to the local community through building on value chains. Investing in African Mining Indaba, which was…