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Toshiba and Djibouti's ODDEG Conclude Memorandum of Understanding on Geothermal Power Generation Business

     10th August 2016 Toshiba Corporatio has concluded a memorandum of understanding with Office Djiboutien de Développement de l'Energie Géothermique, the government organization responsible for developing Djibouti's geothermal power capabilities, that envisages a comprehensive collaboration in the geothermal power... 

Kibaran signs graphite supply agreement with Japanese major

By: Megan van Wyngaardt     8th August 2016 ASX-listed Kibaran Resources has signed a binding exclusivity agreement with Japanese commodities trading giant Sojitz for the supply of graphite concentrate produced at its Epanko project, in Tanzania. Under the agreement, Kibaran will be the sole supplier of Tanzanian graphite to Sojitz for... 

Multimillion Rand Africa Projects Offer Huge Potential For SA Stainless Steel Supply

     5th August 2016 Strategic trips by the Southern Africa Stainless Steel Development Association (sassda) to Tanzania, Senegal and Mozambique as part of the dti’s Export Marketing and Investment Assistance Scheme (EMIA) have yielded a number of exciting, ‘new market’ opportunities for local companies wishing to... 

Acacia expands Kenya exploration portfolio

By: Creamer Media Reporter      1st August 2016 Tanzania-focused gold miner Acacia Mining is expanding its exploration portfolio in Kenya. It has entered into an agreement with AfriOre International to increase its ownership in two licences covering the majority of the West Kenya project area from 51% to 100% in exchange for $5-million. 

Cim Global Business opens office in Johannesburg

By: Megan van Wyngaardt     29th July 2016 Mauritius’s largest fund administrator Cim Global Business, which provides corporate and trust structuring and administration services, has opened a representative office at Nelson Mandela Square, in Sandton. The company, which currently employs about 250 people at its Mauritius office and ten... 

SacOil says DRC drilling may start in 2017 after positive exploration results

By: Terence Creamer     29th July 2016 South African oil and gas junior SacOil is optimistic that energy major Total could initiate a drilling campaign in 2017 on a resource in the Democratic Republic of Congo (DRC), following positive geophysical exploration results. The French group is the operating partner over the 3... 

Clearing environmental hurdles to power supply growth

     29th July 2016 Environmental consultant SRK Consulting is developing an enabling framework that will help power projects in South Africa to streamline the process of acquiring environmental approvals, in order to avoid unnecessary delays in implementation. 

GB14 passenger Bo-Bo loco launched by Grindrod

     26th July 2016 Rail engineering solutions provider Grindrod Locomotives has implemented over 20 shunting solutions across Africa, including the latest delivery of six locomotives to the Cote d'Ivoire Sitarail operations since developing its shunting product range in 2012. This GS7 shunting product is a three... 

Electromagnetic survey defines multiple drill targets at Tanzania project

By: Anine Kilian     25th July 2016  Multiple conductive targets have been identified at Aim-listed Armadale’s Mahenge Liandu graphite project, in south-east Tanzania. This followed electromagnetic (EM) surveys conducted at the project as part of the company’s preparations for drilling, which is expected to get under way in six to... 

Petra to reach five-million-carat target earlier than expected

By: Creamer Media Reporter      25th July 2016 Following a year of strong growth and record production, Petra Diamonds now expects to reach its five-million-carat-a-year production target in the 2018 financial year – a year sooner than previously anticipated. Petra produced 3.7-million carats in the year ended June 30, a 16% increase on the... 

Kibo reaches net smelter royalty agreement with Acacia

By: Megan van Wyngaardt     22nd July 2016 Dual-listed Kibo Mining has reached an agreement with Acacia Mining to convert Acacia's residual equity interests in the Imweru and Lubando projects, in Tanzania, to a 2% net smelter royalty. The agreement was signed between Reef Miners, Kibo's wholly-owned Tanzanian subsidiary, which holds the... 

Acacia could exceed FY output target following strong Q2

By: Creamer Media Reporter      22nd July 2016 Following a strong second-quarter performance, LSE-listed Acacia Mining expects its production for the full-year to reach or exceed guidance of 750 000 oz to 780 000 oz. It also expects its full-year all-in sustaining costs (AISC) to come in at the lower end of guidance of $950/oz to $980/oz. 

Black Rock marketing graphite to new markets

By: Megan van Wyngaardt     22nd July 2016 Tanzania-focused graphite company Black Rock Mining has stepped up its offtake marketing activities, engaging potential offtake partners and presenting the company’s value proposition as a secure and reliable alternative source of high purity graphite for various applications. Marketing manager... 

Edenville holds ‘constructive’ meetings with Tanzanian authorities

By: Creamer Media Reporter      22nd July 2016 Aim-listed Edenville Energy this week held “constructive” meetings with senior representatives of the Tanzania Ministry of Energy and Minerals (MEM) and the Tanzania Electric Supply Company (Tanesco) to discuss the next steps for Edenville to progress its Rukwa coal-to-power project. The meetings... 

AFRICAN ENERGY

     22nd July 2016 Indian Prime Minister Narendra Modi visited Mozambique, South Africa, Tanzania and Kenya earlier this month in an effort to strengthen diplomatic and economic ties, with special attention given to the issue of energy. In South Africa, where this photograph was taken during an address to business... 

Transport costs undermining African farmers

By: Irma Venter     22nd July 2016 A study shows that agricultural fertiliser can land at the Kenyan Port of Mombasa at $350/t, and then sell for 300% to 400% more 1 000 km inland, says Common Market for Eastern and Southern Africa (Comesa) Alliance for Commodity Trade in Eastern and Southern Africa CEO Argent Chuula. “The same is... 

Where does Brexit leave the SADC-EU EPA?

By: Riaan de Lange     22nd July 2016 James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC, or simply Harold Wilson was Prime Minister of the UK from 1964 to 1970 and  from 1974 to 1976. He is also famed for having said that “a week is a long time in politics”. Granted, it had been longer than a week – 17 days, to be... 

New Luika underground development on track – Shanta

By: Anine Kilian     19th July 2016 Aim-listed Shanta Gold’s New Luika mine, in Tanzania, produced 23 896 oz of gold in the quarter ended June 30, compared with the 24 341 oz produced in the first quarter of the year. The company sold 26 134 oz of gold at an average price of $1 246/oz in the quarter under review, compared with the... 

Don't let corruption, State capture, recolonise Africa – Phosa

By: News24Wire      18th July 2016 Africa is re-colonising itself through corruption, nepotism, and state capture, former African National Congress treasurer-general Mathews Phosa has warned. “Such a second wave of colonialism would, in my view, be as bad as the first one, when Africa was colonised politically and economically,”... 

Dover Systems announces more major International orders.

     18th July 2016 South African Psychometric Testing Program – The Dover Test –Latest export orders to Guinea Bauxite, West Africa and Panama Gold, has expanded its positive degree of international success. The Dover Test (www.doversystems.co.za) with has been an industry standard for the past 30 years.  Expansion... 

Indian group could build power plant at Moz coal mine

By: Keith Campbell     15th July 2016 Indian coal company International Coal Ventures Limited (ICVL) is considering building a thermal power plant at its Benga coal mine in Mozambique’s Tete province. ICVL is a consortium of State-owned companies, originally created in 2009 in an initiative by the Ministry of Steel, the main members... 

Helios Towers DRC secures $105m funding facility

By: Natasha Odendaal     13th July 2016 Independent tower company Helios Towers Africa (HTA) on Wednesday said its Democratic Republic of Congo (DRC) subsidiary Helios Towers DRC (HTD) had successfully completed a $105-million upsizing of its syndicated term-loan facility to partly finance acquisitions and fund portfolio expansion and... 

Walkabout fast-tracking development at Lindi Jumbo graphite project

By: Samantha Herbst     13th July 2016 Africa-focused Walkabout Resources is fast-tracking project development at its Lindi Jumbo graphite mine, in south-eastern Tanzania, to commence with surface mining and processing operations on site. The ASX-listed miner announced on Wednesday that the results of the recently conducted Level 1... 

HAZLETON PUMPS comes out top at the SADC Annual Quality Awards as only company to win two main awards.

     12th July 2016 The sixth SADC Annual Quality Awards presentation ceremony was held on the evening of the 16th March 2016 in Gaborone, Botswana. The aim of the SADC Annual Quality Award competition is to recognize and appreciate organizations and individuals who are contributing to quality advancement in all... 

Armadale eyes maiden resource at Liandu by year-end

By: Natasha Odendaal     11th July 2016 Aim-listed Armadale Capital is preparing to launch an initial exploration programme after successfully completing its buyout of the Mahenge Liandu high-grade graphite project, in south-east Tanzania. The first phase of work had started, comprising a ground electromagnetic survey, along with... 

SA, India to deepen trade ties

By: African News Agency      8th July 2016 Indian Prime Minister Narendra Modi’s current visit to South Africa has presented the opportunity for the two countries to enhance trade and investment relations, President Jacob Zuma said on Friday. "We are looking to increase and diversify South African exports to India. We have identified new... 

MCPP definitive feasibility study confirms project’s robustness – Kibo

By: Anine Kilian     8th July 2016 The mining definitive feasibility study (MDFS) recently completed at dual-listed Kibo Mining’s Mbeya coal-to-power project (MCPP), in Tanzania, has confirmed the mine as a “robust project in every aspect”, says Kibo CEO Louis Coetzee. The MDFS comprised the optimisation of the mine design, a... 

Company supports impact of IPP projects in Africa

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch will support the evolution of independent power producer (IPP) projects already under way in South Africa. 

Event will catalyse power sector advancement

     8th July 2016 By bringing together over 2 000 stakeholders from across the power value chain – from generation through to end-users – Power-Gen Africa 2016 aims to facilitate networking and knowledge sharing that catalyses power sector advancement across the continent, says energy consultancy firm EON... 

Metair says acquisition extends its reach into renewable energy

By: Irma Venter     8th July 2016 Manufacturer, distributor and retailer of energy storage solutions and automotive components, Metair, has acquired 25% of Kenya-based Associated Battery Manufacturers East Africa (Abmeal), and its subsidiaries, at a price tag of $7.3-million. “This transaction ticked critical boxes for us as it... 

Turner & Townsend turns to Kenya

By: Creamer Media Reporter      7th July 2016 Global construction and management consulting firm Turner & Townsend has taken another step in its African growth and expansion strategy by launching an office in Kenya. As growth in Africa, and in particular East Africa, increased, it provided Turner with a “major catalyst” for its own growth... 

Eyes on Africa in Aecom strategy shift 

By: Natasha Odendaal     7th July 2016 Professional and technical services firm Aecom planned to leverage its extensive base in South Africa to expand its presence across Africa in a strategy that could see the company’s revenue from the continent doubling from $150-million in the next few years. Speaking on the sidelines of a... 

Exxon said to join Qatar to look at giant Africa gas deal

By: Bloomberg     7th July 2016 Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans. The companies are considering buying stakes in gas fields owned by Anadarko... 

Shanta completes second drilling programme at Ilunga

By: Natasha Odendaal     6th July 2016 Aim-listed Shanta Gold completed a second round of drilling as part of its ongoing exploration programme in and around its flagship asset, the New Luika gold mine, in the Lupa goldfield, in south-west Tanzania. Following the “encouraging” Phase 1 drilling programme at the Ilunga mineralised... 

Kibo, Lake Victoria definitive agreement delayed

By: Creamer Media Reporter      5th July 2016 Aim- and AltX-listed Kibo Mining expects to finalise a definitive agreement with Australia-based Lake Victoria Gold within the next two weeks. The companies announced last month that they would consolidate their respective Imweru and Imwelo gold projects, in Tanzania, to create a combined... 

Johnson Controls delivers custom chillers to Bulyanhulu gold mine in Tanzania

     5th July 2016 Bulyanhulu, a gold mine just south of Lake Victoria in Tanzania, has installed two new custom-built Frick ammonia water chillers from Johnson Controls. The chillers supply chilled water to a surface bulk air cooler (BAC) at a second ventilation shaft developed to service Bulyanhulu’s extended... 

Africa’s largest Coca-Cola bottler begins operations

By: African News Agency      4th July 2016 Africa’s largest bottler, Coca-Cola Beverages Africa (CCBA), on Monday opened its doors for the first day of operations. CCBA was formed in 2014 through the combination of African non-alcoholic ready-to-drink bottling interests of SABMiller, the Coca-Cola Company, and Gutsche Family Investments –... 

Advances in energy-storage technology, burgeoning electric car market driving lithium and graphite uptake

By: Mia Breytenbach     1st July 2016 Advances in energy-storage technology and rising demand for batteries from the global electric vehicle (EV) market are driving the need for technology minerals – such as lithium and graphite – which are increasingly used in lithium-ion batteries. The sectors mining these industries are “young and... 

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