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The impasse between Debswana and its employees over a 15-percent pay hike will now be mediated by the Department of Labour as the mining giant remains resolute that it is broke and cannot afford the increment.
The Chiefs and people of Etwebo-Akoti in the Western Region have denied allegations of confusion in the community, following a national forum by the National Coalition on Mining (NCOM) held in Akoti in October.
Kaduna State Government is to embark on commercial exploration of tin and other solid minerals, which could earn it about N271 million annually, according to the report of a team of consultants, which submitted it reports to the state government.
LISTED short-term insurer, NicozDiamond shareholders last week approved the group's proposed US$4 million rights offer meant to recapitalise operations.
NAMIBIA'S new Government Diamond Valuator (GDV) is a fully Namibian-owned company.
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.
CANADIAN platinum producer Eastern Platinum (Eastplats) recorded a net profit in the quarter ended September, the third successive quarter this year that the company has been in the black.
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 lords of Malindi salt mines have been riding roughshod over area residents with impunity. Beneath the veneer of the successful mining firms are tales of hopelessness as many local residents are living under the fear of eviction, environmental-induced illnesses, human rights violations and general exploitation.
South African and American diplomats said this week that they expected Zimbabwe to implement "stringent controls" according to a "very tight work plan" to make the country's diamond exports comply with the Kimberley Process (KP).
ZIMBABWE'S government won't export diamonds from its disputed Marange diamond fields until it has put in measures to better monitor trading in the gems.
The future of the AK6 diamond project was put on a firmer footing on Wednesday with the announcement that Canadian-listed diamond junior, Lucara Diamond Corp, would be acquiring De Beer's 70 percent stake in the project for US$49 million (P322.4 million).
THE two-day protests by workers at Konkola Copper Mines (KCM) in Chingola are uncalled for, especially that unions and management are still engaged in neg3otiations, stakeholders from a cross section of society have said.
ASTRA Industries Limited, a multi-industry company that operates a steel subsidiary, says there is "very little" scope for steel manufacturing recovery until mining and construction -- key clients for the industry -- start picking up again.
TORONTO-listed New Dawn Mining Corp's Zimbabwe mining operations produced 3,059 ounces of gold during the quarter to September 30 2009, an announcement by the group said.
GOVERNMENT and mining companies are heading for a collision over a proposed economic policy to raise mining royalties in the next six years. Economic Planning and Investment Promotion Minister Elton Mangoma on Monday presented a draft economic plan that recommended an increase in royalty fees charged to miners. Proceeds generated from the royalties would establish a sovereign fund to hedge future ...
Mines have sought the intervention of Finance minister Tendai Biti in a bid to recover funds misappropriated by the central bank over the years, businessdigest can reveal. A Chamber of Mines letter seen by this paper sent to Biti appealed to the Finance minister to find ways of "expediting the payment of all funds outstanding to" its members.
In its determination to develop coal-related infrastructure to boost power supply in the country, the federal government has restated the need to extend its energy base to coal. Minister of Mines and Steel Development, Mrs. Diezani Alison-Madueke, stated this yesterday in Abuja, when a delegation of experts from the Coal Energy Limited Consortium paid her a visit. According to Diezani, "It is ...
KARIBIB is the licensed home of 1 000 cases of packaged explosive products and 400 cases of initiating systems after AEL Mining Services, an international company for commercial explosives and blasting solutions, decided to expand its footprint into Africa with the establishment of AEL Namibia.
FEW things highlight the extent of the problems facing SA's gold mining industry as the somewhat ironic news yesterday that, as the gold price broke another record, production in September fell 9,3% year on year.
Gold rallied briefly to a new record peak at 1122,85/oz yesterday, while platinum, palladium and rhodium all hit their highest levels in a year on a wave of speculative buying.
MINER DRDGold said yesterday its high court application for a judicial management order over the company's 74%-owned Blyvooruitzicht operation had been granted, giving it more time to try to turn the mine around and save it from liquidation.
KONKOLA Copper Mines (KCM) has accused some employees at the Nchanga Integrated Business Unit (IBU) of inciting their counterparts to protest in pursuing information regarding wage negotiations.
Investors from Australia have expressed interest in the nation's mining sector.Disclosing this during a visit to the Minister of Mines and Steel Development in Abuja, the technical director of Perth Western Australia, Mr. Geoff G. Jones, said that the purpose of their visit was to indicate their intention to invest in Nigeria's mining sector.
Tanzania's efforts to embrace nuclear technology may take much longer than anticipated because the country does not have nuclear scientists, according to the Tanzania Atomic Energy Commission (Taec) boss.
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