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• Congo-Kinshasa: Security Council Renews Arms Embargo And Sanctions

  Created: 2009-11-30 10:44:50 Author: UN News Service

  The Security Council today extended and expanded the arms embargo and related sanctions in the Democratic Republic of the Congo (DRC), which have been in place since 2003, for another year.

  Council members voted unanimously to adopt a resolution...

• CONGO-KINSHASA | UNITED NATIONS - On the brink of massive failure

  Created: 2009-11-25 07:19:13 Author: Solange USHER

  Africa Confidential News,  November 2009 CONGO-KINSHASA | UNITED NATIONS On the brink of massive failure Diplomatic double-standards and an international resource grab are stoking one of the worst wars in the world
  
  The United Nations Security ...

• South Africa: How Bizarre Fight Over Mines Skews the Agenda

  Created: 2009-11-24 09:20:49 Author: Tim Cohen - Business Day

  Johannesburg — WHAT does one make of the bizarre argument between the South African Communist Party's (SACP's) deputy general secretary, Jeremy Cronin, and the African National Congress Youth League's leader, Julius Malema, about nationalisation?

  ...

• South Africa: First Quantum to Buy Copper Explorer Kiwara for 260 Million

  Created: 2009-11-24 09:18:24 Author: Bheki Mpofu - Business Day

  Johannesburg — MINER First Quantum has agreed to buy base metals explorer Kiwara in a 260m cash and shares deal as it seeks to expand its copper operations in Zambia. The Toronto, Canada- based First Quantum has copper mining interests in Africa, whi...

• Zimbabwe: ZMDC Courts Two More Partners

  Created: 2009-11-24 09:15:44 Author: The Herald

  Harare — THE Zimbabwe Mining Development Corporation is expected to engage two more partners as it intensifies efforts to engage investors in the mining of diamonds in the Chiadzwa area as prescribed by the Kimberly Process Certification Scheme.

  ...

• Tanzania: Address Safety At Small-Scale Mines

  Created: 2009-11-23 09:07:29 Author: The Citizen (Dar es Salaam)

  The deaths of four people at a small-scale gold mine in Tarime District points to a worrying trend that is becoming all too familiar.

  The suffocation of the miners raises fresh queries on the safety of hundreds of small-scale mines in the countr...

• Tanzania: Tanzania, SA Firm in U.S.$20 Million Mining Gear Venture

  Created: 2009-11-23 09:04:27 Author: Leonard Magomba - The East African

  Nairobi — South Africa-based Elgin Engineering and the state-owned Tanzania State Mining Corporation (Stamico) are jointly constructing a $20 million mining equipment manufacturing facility.

  The facility, to be the largest of its kind in the E...

• Zimbabwe: African Global Capital Keen to Invest in Mining

  Created: 2009-11-23 09:00:50 Author: Golden Sibanda - The Herald

  Harare — SOUTH Africa-based investment firm, African Global Capital, believes now is the time to invest in the local mining industry to avoid losing opportunities to suitors also eyeing the sector.

  African Global Capital's Ian Benning told Her...

• Zimbabwe: Equipment Boost for Hwange Colliery

  Created: 2009-11-23 08:03:20 Author: Zimbabwe Standard

  Hwange — Coal producer, Hwange Colliery Company Limited (HCCL) will this week receive the first consignment of haulage excavating equipment worth US$5 million from a South African company to augment its ageing mining fleet.

  The consignment whi...

• South Africa: Miranda to Push Development of Its Coal Mines in Kwazulu-Natal

  Created: 2009-11-23 07:56:52 Author: Bheki Mpofu - Business Day

  Johannesburg — DIVERSIFIED junior mining and exploration company Miranda Holdings said on Friday it was aiming to develop one coal mine in its KwaZulu-Natal coal asset portfolio every year for the next five years.

  The company, which has a port...

• Tanzania: Country Finds Gold in the South

  Created: 2009-11-22 09:10:56 Author: James Mwakisyala - East African Business Week (Kampala)

  Dar Es Salaam — Tanzania could become the biggest gold producing country in Africa following new discoveries of gold in the most unlikely areas of Lindi and Nachingwea districts in the south of the country.

  The first gold joint venture agreeme...

• Tanzania: Mererani Residents Occupied by Tanzanite Wealth Dreams

  Created: 2009-11-22 07:59:29 Author: Joseph Lyimo - Arusha Times

  Arusha — Residents of Mererani mining township have been challenged to venture into other economic investments rather than pipe dream on becoming rich through tanzanite mining and trading.

  The challenge was sounded at Mererani by the Chairman ...

• Zimbabwe: Firms Invest U.S.$50 Million At Chiadzwa

  Created: 2009-11-20 13:08:16 Author: Walter Muchinguri - The Herald

  Harare — 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 partners, Grandwell and Core Mining Minerals both fr...

• Botswana: DTC Sales Improve, But Still Far From Normal

  Created: 2009-11-20 07:50:14 Author: Wanetsha Mosinyi - Mmegi/The Reporter

  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

  The week-long sale of...

• Zimbabwe: London Firm Snaps Up Chrome Mine

  Created: 2009-11-20 07:44:21 Author: Dumisani Ndlela - Financial Gazette (Harare)

  Harare — 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"....

• South Africa: Grim Outlook As Costs Hammer Simmerand Jack

  Created: 2009-11-20 07:23:41 Author: Bheki Mpofu - Business Day

  Johannesburg — JUNIOR gold miner Simmer & Jack yesterday posted a R65m operating loss for the six months to September, mainly due to mounting operating cash costs.

  Its share price, which has performed poorly in the past 18 months, shed more th...

• Congo-Kinshasa: DRC Gold 'Still Funding' FDLR Rebels - UN Expert

  Created: 2009-11-19 13:01:51 Author: James Karuhanga and agencies

  Kigali — 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.

  Mahtani said most of the gold was c...

• Congo-Kinshasa: Rep. McDermott Introduces Conflict Minerals Trade Act

  Created: 2009-11-19 12:59:42 Author: United States House Of Representatives (Washington, DC)

  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 i...

• Botswana: BCL Mine Chief Calls for Suppliers' Support

  Created: 2009-11-19 12:56:27 Author: Calistus Kolantsho - Mmegi/The Reporter

  Selebi-Phikwe — BCL Mine has asked its suppliers to give the company support for the mutual benefit of the two parties.

  BCL Mine General Manager Montwedi Mphathi made the plea during a recent suppliers...

• Zimbabwe: Army, Police Leave Chiadzwa

  Created: 2009-11-19 03:04:18 Author: Sydney Kawadza - The Herald

  Chiadzwa — 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.

  The uniformed and plain-clothed a...