Member News

The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is owned by Canada’s High Power Exploration (HPX), a privately-held company founded by mining mogul Robert Friedland. The move by MIGA, the bank’s agency for foreign investment,… Read more »

Zambia has built 10 milling plants to process gold in a drive to formalise artisanal and small-scale miners and diversify from copper mining, state mining investment company ZCCM-IH said on Wednesday. The project is being undertaken by Consolidated Gold Company Ltd (CGCZ), a gold processing and trading joint venture between… Read more »

Government has gazetted new mining fees that take into account the inflation rate since the last review of the fees. The Mining (General) (Amendment) Regulations, 2020 are contained in Statutory Instrument 95 of 2020 and was published by Mines and Mining Development Minister Winston Chitando. Application for an Exclusive Prospecting… Read more »

The construction works of the port of N’Diago a multi functional port  located 250 kilometres south of Nouakchott, the capital of Mauritania and 40 km from Keur Macène, a town and urban commune near Senegal’s border is edging closer to completion. Launched in 2016, the eventual US$352M construction of the… Read more »

Gold exploration and development company Aton Resources has been granted a three-year extension to the final exploration period of its current exploration licence at its Abu Marawat concession, located in the central eastern desert of Egypt. This enables Aton to continue with exploration work on the concession while awaiting the… Read more »

Canada-listed junior miner Thor Explorations (TSX-V:THX) has decided to move forward with its Segilola project in Nigeria, poised to become the country’s first large-scale gold mine, as it has secured all the funding needed for the $98-million project. The company noted construction work will follow covid-19 procedures set out by… Read more »

Centamin Egypt PLC  produced 125,090 ounces from the Sukari gold mine in Egypt during the first quarter of 2020, in line with annual guidance. As of 20 April, there were no recorded cases of coronavirus at the company’s operations, and there have been no material disruptions to operations, supply chain… Read more »

Miners under the auspices of Miners Association of Nigeria, MAN, Tuesday, drew Federal Government’s attention on intervention funds to cushion effects of the raging Coronavirus, COVID-19, pandemic in the sector. This was stated by the National President, MAN, Kabir Kankara, while speaking with Vanguard on a telephone interview in reaction… Read more »