East Africa to join world gas giants

To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries. Finds announced just last week off...

Avion sinks on $25m forward sales deal

Avion Gold gave up nearly 10% of its market value on the TSX on Friday, after the company said it would sell forward some production at its Malian mine to bolster its balance sheet by $25-million. The company said it was not generally inclined...

AFRICA

Tenders for work in the rest of Africa excluding South Africa

Strengthening global brand at mining conference

Multidisciplinary services provider SRK says this year’s Investing in African Mining Indaba, at the Cape Town International Convention Centre, will serve as a basis to strengthen the company’s global brand

Surbiton cautions against extending MRRT to gold

Australian gold production fell by 2.4% in the September quarter, with the country producing 66 t, or 2.1-million ounces, said Melbourne-based Surbiton Associates. This was around 1.5 t less than the June quarter production, and also 1.5 t less...

Resource investment opportunities in Africa abound

With commodity demand soaring, the world’s mining companies are increasingly turning to Africa to deliver resources to growing economies. As the continent is known to harbour vast quantities of natural resources including diamonds, gold,...

Resource investment opportunities in Africa abound

With commodity demand soaring, the world’s mining companies are increasingly turning to Africa to deliver resources to growing economies.

Strong commodities demand boosts value of WA-listed miners

Advisory firm Deloitte said on Monday its Western Australian Index performed strongly over the past 12 months, with the value increasing by 36.5%. In a special addition of the Western Australian Index, released at the Diggers & Dealers conference...

Mitigating risks in Africa relies on sufficient planning

Given Africa’s growing mining economy, risk mitigation is becoming increasingly important, as even the most risk-free country can become unstable, integrated risk mitigation solutions firm Unity Resources Group senior VP for strategic...

GFMS sees gold price topping $1 600/oz by year-end owing to Middle East protests and US, European macroeconomic uncertainties

Independent precious metals research consultancy Gold Fields Mineral Services (GFMS) reports that growing geopolitical uncertainty in the Middle East and North Africa, coupled with macroeconomic uncertainties from the US and Europe, are the main...

Indigenisation will have dire consequences for mining sector if it is not handled ‘sensibly’ – Zim Chamber of Mines

The Zimbabwe Chamber of Mines has issued a stern warning that economic growth in the embattled country may become static should the threats issued by President Robert Mugabe last week regarding indigenisation compliance bear fruit.

China may match India as top gold user on investment demand

Chinese consumption of gold may climb to rival that of India, the top user, as investors buy the metal as a store of value, GFMS and INTL FCStone have said.