R/€ = 15.91 Change: -0.26
R/$ = 13.57 Change: -0.14
Au 1267.20 $/oz Change: -0.90
Pt 867.50 $/oz Change: 3.33


Burundi rare earths project on track for first production

By: Nica Schreuder     14th July 2017 Rare-earth element mining company Rainbow Rare Earths says it has made significant progress towards achieving first production at its Gakara rare earths project in Burundi, East Africa, with about $6-million has been invested in the project to date. Bolstered by Rainbow’s completion of an... 

Secret of the Kibali mine – flying people in and gold bars out

By: Bloomberg     6th March 2017 Randgold Resources had to haul heavy equipment more than 1 000 miles to build the roads and hydropower plants needed to construct its Kibali gold mine, the biggest in Democratic Republic of Congo. The sprawling facility in a remote corner of a country the size of Western Europe is a high-tech... 

Kenya to embark on massive exploration campaign to spur mining investment, economic development 

By: Henry Lazenby     6th March 2015 With a new regime in power, Kenya is rearing to embark on a $70-million State-sponsored exploration drive to spur mining investment and the inevitable economic development that follows mining progress. Kenya’s first Cabinet Secretary for Mining, Najib Balala, told Mining Weekly Online that with a... 

Africa remains on Chinese investment map, despite economic slowdown

By: Megan van Wyngaardt     27th February 2015 China’s investment in African resources remains at a relatively early stage and is likely to increase further over the next decade, despite the economic slowdown in the world’s second-largest economy, reports South African financier Standard Bank. China’s economy grew by 7.4% in 2014, the slowest... 

African growth tied to trade, not mining – consultant

By: Ilan Solomons     6th February 2015 Mineral commodities would become less relevant to the development of African countries in the long term as they diversified their economies away from raw resource extraction, said local mining consultancy The MSA Group MD Keith Scott during a panel discussion at research and investment advisory... 

Kenya’s first major mining investor poised for production

By: Ilan Solomons     12th July 2013 ASX-listed mineral sands developer Base Resources reports that it is on schedule to start production at its $300-million Kwale mineral sands project, in Kenya, about 50 km south of Mombasa, before year-end. “Construction at the Kwale project is more than 85% complete, with the production and... 

Weir Minerals to deliver ‘big consignment of cyclones to Kenya’s Kwale mineral sands project

By: Nomvelo Buthelezi     20th July 2012 Mining solutions provider Weir Minerals Africa received a substantial order for the supply of its Cavex cyclones to Base Resources’ project, the Kwale Mineral Sands project, which is located 10 km inland from the Kenyan coast and 50 km south of Mombasa. 


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