Golden Star Resources Ghana Limited announced on Thursday, November 12, this year, that during the third quarter of 2009, it paid US$3,127,398.42 in royalties to the Government of Ghana, out of production from the Bogoso/Prestea and Wassa Mines.
Chromex Mining Plc, which is listed on the London bourse's Alternative Investment Market (AIM), has sealed a purchase deal for a 49 percent stake in Zimbabwean chrome miners Falvect Mining, for what it described as "a nominal consideration".
Dinesh Mahtani, the coordinator of the UN Eminent Group of Experts report on militia groups' activities in DRC has told the BBC that almost 40 tonnes of gold is smuggled out of the country annually.
Rep. Jim McDermott (D-WA), flanked by leaders from World Vision, the Enough Project, Global Witness, and the Information Technology Industry Council, unveiled legislation he will introduce in the U.S. House of Representatives today to help stop trade in conflict minerals that is sustaining a brutal war of unfathomable atrocities, especially against women, in the Congo. Rep. Frank Wolf (R-VA) ...
ZIMBABWE Mining Development Corporation's partners in the exploitation of diamonds in Chiadzwa have invested about US$50 million in plant and machinery over the past two months.
The just ended sight at the Diamond Trading Company Botswana, though still a long way from normal levels, saw a favourable improvement in sales when compared to the same period last year when virtually no diamonds were sold
NAMIBIA'S new Government Diamond Valuator (GDV) is a fully Namibian-owned company.
Government has started withdrawing State security agents deployed to secure the Chiadzwa diamond fields as part of measures to comply with the Kimberley Process Certification Scheme recommendations.
DIVERSIFIED resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about 455 000 Australian dollars.
The decision to give Zimbabwe no more than a slap on the wrist for the human rights abuses which its army has committed on the Marange alluvial diamond fields in the south-east of the country seriously threatens the future of the diamond industry's initiative to avert consumer boycotts of its gemstones.
Canadile Miners and Mbada Mining (Pvt) Ltd, the two firms recently licensed by the Government to mine in the Chiadzwa diamond fields, have started work.
The 13th UNCTAD's African Oil, Gas, Minerals, Trade and Finance Conference, takes off toady in Bamako, Mali with focus on the critical role information can play in the natural-resource sector.
JUNIOR gold miner Simmer & Jack yesterday posted a R65m operating loss for the six months to September, mainly due to mounting operating cash costs.
Nature Aid Ghana, a non- governmental organisation (NGO) poised to promote environmental protection, has called on the Environmental Protection Agency (EPA) to urgently come out with the necessary sanctions against Newmont Ghana Gold Limited (NGGL), for the recent cyanide spillage.
BCL Mine has asked its suppliers to give the company support for the mutual benefit of the two parties.
