Home » Archives by category » Business » Mining (Page 12)

Coal India Relinquishing Most of Its Area in Tete

Coal India Relinquishing Most of Its Area in Tete

The state-owned Indian mining company Coal India has announced that it is relinquishing 75 per cent of its licence area in Moatize district, in the western Mozambican province of Tete, reports Tuesday’s issue of the “Economic Times” of India. Coal India was granted the A1 and A2 blocks in a previously unexplored part of Moatize […]

Angola Identifies New Mining Area in Huíla

Angola Identifies New Mining Area in Huíla

New areas of mining exploration were identified in the provinces of Huíla, Huambo, Cuando Cubango, Cuanza Norte and Cuanza Sul, under the geological survey process underway the country, announced Tuesday in Lubango (Huíla), the Minister of Geology and Mining, Francisco Queirós. Speaking to reporters after assessing the mining sector in the region, where he paid […]

Botswana Mine Strategy Comes Through

Botswana Mine Strategy Comes Through

Managing director of BCL Mine, Mr Dan Mahupela says BCL Corporate Strategy, Polaris II, is beginning to realise its aims. He said the strategy was adopted to transform BCL from being just a mine threatened with closure over the years into a competent and diversified mining and related products enterprise. Mr Mahupela said this when […]

Activists Say Marikana Report ‘A Gross Defamation’

Activists Say Marikana Report ‘A Gross Defamation’

An official report on the police killing of 34 striking mineworkers in South Africa in 2012 was a “gross defamation” of those who died, an activist group has said. The Marikana Support Campaign (MSC) criticised the Farlam Commission report, which last month cleared top government officials of any blame for the massacre. The group said […]

Zimbabwe Spends USD1,2 Million On Suspended Marange Bosses

Zimbabwe Spends USD1,2 Million On Suspended Marange Bosses

The State-controlled diamond outfit, Marange Resources spent US$1,2 million in salaries for seven suspended executives during the 11 months to December 31, 2014 due to delays in concluding investigations into their cases, an audit report has disclosed. The executives were suspended in February last year after allegations of misconduct and abuse. It was not clear […]

Kasukuwere and Zanu-PF Legislator Wadyajena Exchange Harsh Words Over Community Share Trusts

Kasukuwere and Zanu-PF Legislator Wadyajena Exchange Harsh Words Over Community Share Trusts

There was drama in Parliament Thursday when local government minister Saviour Kasukuwere clashed with portfolio committee on indigenisation chairman and Zanu PF legislator Justice Mayor Wadyajena. Kasukuwere was appearing before the committee to clarify how he organised the Marange-Zimunya Community Share Ownership Trust. The two clashed over the $10 million pledges by diamond mining companies […]

New Equipment Major Boost for Zimbabwe Hwange Colliery

New Equipment Major Boost for Zimbabwe Hwange Colliery

Listed coal producer Hwange Colliery Ltd (Hwange) recently commissioned US$31,2 million worth of equipment expected to increase production and improve the company’s efficiency as part of its recovery strategy. The firm also hopes to clear all its legacy debt in excess of US$160 million. Businessdigest (BD) reporter Taurai Mangudhla this week interviewed Hwange Colliery CEO […]

Putu Iron Ore, Govt of Liberia Agreement Under Citizens Spotlight

Putu Iron Ore, Govt of Liberia Agreement Under Citizens Spotlight

The mineral development agreement between the Putu Iron Ore Mining Company and the Government of Liberia is under the spotlight as citizens of Grand Gedeh County have disclosed plan to review the agreement. Appearing on a talk show in Monrovia, three citizens of Grand Gedeh- Philip Doyee, Nathaniel Kpakpa and Dr. George S. Boley-said the […]

Uranium Waste ‘Wars’, Malawi Villagers Up in Arms

Uranium Waste ‘Wars’, Malawi Villagers Up in Arms

Communities living along the northern part of Lake Malawi in Karonga district have launched a spirited campaign to stop Uranium Miner Paladin Africa Limited from dumping ‘toxic’ waste into Lake Malawi. They say the move will put people’s lives at risk and damage the environment. But it seems their fight is being stone walled by […]

SADR Grants Exploration Rights to Mining Companies

SADR Grants Exploration Rights to Mining Companies

The Sahrawi Arab Democratic Republic (SADR) is currently in talks with three mining companies- Russian, Polish and Spanish – on granting them exploration rights on the liberated Sahrawi zones, according to Africa Intelligence. The talks are being conducted on the Sahrawi side by the Petroleum and Mining Authorities (PMA) following SADR’s decision a few months […]

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone