R/€ = 15.73 Change: -0.10
R/$ = 13.84 Change: -0.12
Au 1281.31 $/oz Change: -12.55
Pt 794.99 $/oz Change: -8.87


Rwanda says mineral export earnings rose to $373m last year

By: Reuters     5th June 2018 Earnings from Rwanda's mineral exports more than doubled to $373-million last year from the previous 12 months, supported by a rebound in global prices of commodities, a top official said. After meeting sector players in the capital Kigali on Tuesday, Francis Gatare, chief executive at Rwanda... 

Increasing mining services in Africa key to industry's long-term sustainability

By: Anine Kilian     27th March 2018 Increasing the demand for mining goods and services is necessary to grow this industry in Africa, Southern African Development Community (SADC) industrialisation adviser Seth Akweshie said on Tuesday. Most inland developments in Africa have been established owing to nearby mining activities, he... 

Rwanda to issue mining licences to boost investment by a fifth

By: Bloomberg     21st February 2018 Rwanda will issue 50 new licences to mine metals including gold, tin and tantalum this year that may help boost investment in the East African nation by a fifth, the Rwanda Development Board said. The state-run board expects to attract $2-billion of investment in 2018, compared with $1.67-billion... 

Rwanda President sees growth accelerating on banking, mining

By: Bloomberg     3rd November 2017 Rwandan economic growth is expected to accelerate this year and next as the outlook for industries including financial services, tourism and mining improves, President Paul Kagame said. The pace of expansion is expected to increase to 7% next year from about 6% this year, Kagame said Thursday in... 

Call to mining to update refrigerant systems

15th September 2017 While the majority of the mining industry use hydrofluorocarbons (HFCs) in its refrigerant systems, these ozone-depleting substances are set to be phased-out in accordance with the Montreal Protocol and Kigali Agreement. 

Call for mining industry to update its refrigerant systems

16th August 2017 While the bulk of the mining industry uses HFCs (hydrofluorocarbons) in their refrigerant systems, these are on the cards to be phased-out in accordance with the Montreal Protocol and Kigali Agreement to significantly phase-out ozone-depleting substances. While chlorofluorocarbons were used... 

Tanzania said to pick Mota, Yapi to build $1.1bn rail

By: Bloomberg     3rd February 2017 Tanzania chose Turkish construction company Yapi Merkezi Insaat VE Sanayi As and Portuguese building firm Mota-Engil SGPS SA to build a railway at a cost of more than €1-billion ($1.1-billion) to connect the East African country with landlocked neighbors, people familiar with the matter said. The... 

Students make case for mining sector in five SADC countries

By: Ilan Solomons     2nd September 2016 The Southern African Institute of Mining and Metallurgy (SAIMM) held its 2016 SAIMM Student Debate, in Johannesburg, last month. The event’s aim was to encourage the participating teams to discuss the relative merits of five Southern African countries as preferred mining investment destinations... 

Dmg events acquires Exhibition Management Services (Pty) Ltd South Africa

22nd March 2016 One of the world’s leading event companies, dmg events, has announced the acquisition of long established Pan African exhibition organiser Exhibition Management Services Pty Ltd (EMS) – headquartered in Johannesburg, South Africa. dmg events is a wholly owned subsidiary of the Daily Mail &... 

Kibo shares lift on prospect of study spawning early gold production

By: Martin Creamer     14th October 2014 The share price of Kibo Mining rose by more than 11% in Johannesburg on Tuesday on the prospect of a commenced definitive feasibility study opening the way for early gold production at the company’s Imweru prospect, in Tanzania. The six-year-old Aim- and AltX-listed exploration and development... 

Outlook for Tanzania mining industry still positive – Ministry

By: Mia Breytenbach     10th October 2014 Despite a recognised slowdown in exploration spending owing to credit challenges, Tanzania’s Ministry of Energy and Minerals believes the country’s mining industry remains vibrant as it diversifies its commodity base from gold to base metals, including iron, copper and nickel, and to energy... 

Guinea to sign agreement for Simandou project

By: Reuters     21st May 2014 Guinea will sign an investment framework agreement for its multi-billion dollar Simandou iron-ore project with partners Rio Tinto, International Finance Corporation (IFC) and China's Chinalco on May 26, the country's Mines Minister said on Wednesday. Yansane Kerfalla said the West African... 

Powering Science and Technology for Africa’s Economic Transformation

21st May 2014 Africa has achieved exceptional economic growth over the past decade, averaging 4.5 percent a year and underpinned by prudent macroeconomic management.  Now we must achieve economic growth that is accompanied by significantly less poverty and greater prosperity for all the people of the... 

Bids sought for Rwanda tin deposit

By: Idéle Esterhuizen     16th May 2012 The Rwandan government is seeking expressions of interest (EOIs) for the Musha–Ntunga tin deposit, in the Rwamagana district, 50 km east of the capital Kigali, the Ministry of Natural Resources (Minirena) said on its website. Belgian companies started mining, which was mainly done in openpits,... 


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