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Walkabout gets environmental nod

By: Esmarie Swanepoel     16th May 2017 Graphite developer Walkabout Resources has been granted environmental approval for its Lindi jumbo graphite mine, in Tanzania. The award of an environmental impact assessment (EIA) certificate was a pre-requisite to the mining licence application, which will now be submitted to the Ministry of... 

Banks warned of ATMs being infected remotely by malware

By: Schalk Burger     12th May 2017 Cybersecurity multinational Kaspersky Lab advises banks in the Middle East, Africa and Turkey to check random-access memory (RAM), network and registry logs to determine whether the fileless ATMitch malware is present. The ATMitch uses in-memory malware to infect banking networks. This malware is... 

Mombasa-to-Nairobi rail line set for commissioning

By: John Muchira     12th May 2017 Kenya is gearing up for a new era in railway transport with the impending commissioning of a standard-gauge railway (SGR) system on June 1. The East African nation has depended on a dilapidated metre-gauge railway line for more than a century, but that is about to change, following the completion... 

Renewed interest in delayed Uganda oil refinery plan

By: John Muchira     12th May 2017 The much-delayed crude oil refinery in Uganda is back on track after eight international companies expressed interest in implementing the $4-billion project. Four of the bidders have been shortlisted, and the Uganda government intends to select one of them before July, eight months after the... 

Walkabout finds taker for Lindi product

By: Esmarie Swanepoel     10th May 2017 Graphite developer Walkabout Resources has signed a non-binding strategic sales and purchase agreement with European trading house Georg H Luh GhmB over the Lindi jumbo project, in Tanzania. The memorandum of understanding calls for the companies to start commercial discussions on a confidential... 

Mponeng being set up as new, cheap, ultra-deep mine – AngloGold

By: Martin Creamer     8th May 2017 The global gold mining industry has reached a point where companies either need to reinvest to bolster their portfolios or turn to mergers and acquisitions, AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) said on Monday, when he made it clear that AngloGold is firmly in the reinvestment... 

FAO to lead Africa’s intervention against fall armyworm

By: Anine Kilian     5th May 2017 The United Nations Food and Agriculture Organisation (FAO) has been tasked with coordinating control and management interventions to combat the fall armyworm infestation in Africa. Centre for Agricultural and Biosciences International sanitary and phytosanitary coordinator Dr Roger Day estimates... 

Kibo gold spin-off Katoro to list in May

By: Natasha Odendaal     5th May 2017 Aim-listed Opera Investment is eyeing May 23 as the date to cancel its admission on the London bourse – and the start of trading of newly formed spin-off Katoro Gold Mining, as the proposed sale of AltX- and Aim-listed Kibo Mining’s northern Tanzania-based gold assets is wrapped up. Opera... 

Company expands in key African markets

By: Robyn Wilkinson     5th May 2017 Despite challenging macroeconomic headwinds causing a slowdown in consumer spending in many African markets in 2016, packaging company Nampak remains confident of the demographic fundamentals underpinning long-term packaging growth on the continent. 

EIB provides €95m support for East African entrepreneurs

By: Mia Breytenbach     5th May 2017 The European Investment Bank (EIB) has signed two new credit lines for East-Africa for €95-million, or about Kshs(Kenyan Shilings)10.45-billion, to be made available through financial institutions Equity Bank and HFC Limited to support smaller local projects in Kenya, Tanzania, the Democratic... 

World Bank cuts sub-Saharan Africa’s 2017 growth forecast

By: Bloomberg     5th May 2017 The World Bank cut its growth projection for sub-Saharan Africa this year because of weak expansion in the region’s three biggest economies. The area’s gross domestic product will expand 2.6 percent in 2017, the bank said in a copy of its Africa Pulse report. That compares with a January... 

Sewer manual to be published next month

By: Marleny Arnoldi     28th April 2017 Plastic pipes manufacturer DPI Plastics will publish its comprehensive sewer product manual next month that provides detailed information on its range of polyvinyl chloride (PVC) pipe applications and installations in the sewage and effluent sector.  

Rio Tinto in JV with Strandline to earn into Tanzania project

By: Esmarie Swanepoel     26th April 2017 The exploration arm of mining major Rio Tinto has inked an earn-in and joint venture (JV) agreement with ASX-listed junior Strandline Resources worth up to $10.75-million. Strandline on Wednesday reported that the JV would allow Strandline to accelerate exploration activities at its heavy... 

Africa urged to transform dependence on commodities

By: African News Agency      25th April 2017 Even as the world emerges from the worst of the global commodity price meltdown, African countries were urged on Tuesday to make the most of the next upward cycle to diversify and industrialise away from over-reliance on exports of raw materials. In a statement, Dr Martyn Davies, Deloitte... 

Diamond production at Petra’s operations flat during rainy season

By: Megan van Wyngaardt     24th April 2017 LSE-listed Petra Diamonds’ production of 999 768 ct for the third quarter, ended March 31, was only marginally higher than the 995 905 ct it produced in the same quarter of 2016. However, run-of-mine (RoM) production for the quarter increased 18% to 760 916 ct, as RoM grades improved owing to the... 

Tanzanian graphite project proves positive for Black Rock

By: Esmarie Swanepoel     24th April 2017 A prefeasibility study (PFS) into the Mahenge graphite project, in Tanzania, has estimated that the project cold produce some 167 000 t/y of high purity graphite over a mine life of 32 years. ASX-listed Black Rock Mining said on Monday that the project will require a capital investment of some... 

Armadale receives encouraging results for graphite project

By: Megan van Wyngaardt     21st April 2017 Initial testwork at Armadale’s Mahenge Liandu graphite project, in Tanzania, continue sto indicate that it is capable of producing high-quality graphite concentrates, with possible expansion up to 480 cm³/g. The Aim-listed company said the results further increase the range of potential... 

Shanta reports higher Q1 production, improved margins

By: Mia Breytenbach     21st April 2017 Aim-listed Shanta Gold’s New Luika mine, in Tanzania, produced 20 416 oz of gold in the quarter ended March 31, improving the company’s margins and keeping it on track to meet its 2017 guidance. “Shanta had a promising start to the financial year with more ounces produced, at a greater margin... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can be no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012, that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, compared with India’s 7.6%,... 

Interest in nuclear energy said to be rising across sub-Saharan Africa 

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

Generator giant to expand its Southern Africa network

By: Robyn Wilkinson     21st April 2017 Power generation equipment developer Himoinsa’s new subsidiary, Himoinsa Southern Africa, will provide a base from which the company can develop its geophysical footprint in Southern Africa by expanding and supporting its existing distribution network. 

Integrated energy solutions Africa’s answer

By: Robyn Wilkinson     21st April 2017 While several large-scale energy projects in Africa are progressing positively, growing global interest in sustainability and renewable energy highlights the need to actively pursue other low-cost, fast-tracked integrated energy solutions that will benefit Africans without access to electricity,... 

Interest in nuclear energy said to be rising across sub-Saharan Africa

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

South Africa punching below its weight despite available opportunities – Frost & Sullivan

By: Megan van Wyngaardt     20th April 2017 Despite the political turmoil and fiscal downgrades facing the country, South Africa’s economy is set to grow by 0.8% this year, research firm Frost & Sullivan said on Thursday. In a webinar on its Global Economic Outlook 2017, Frost & Sullivan senior economist Craig Parker noted that economic... 

Tanzania export ban weighs on Acacia’s Q1 cash flow

By: Megan van Wyngaardt     20th April 2017 The Tanzania Ministry of Energy and Minerals’ decision to introduce a general ban on the export of metallic mineral concentrates has had a $33-million negative impact on Acacia Mining’s cash flow for the first quarter, ended March 31. The Ministry announced the ban on March 3, following a... 

Kibo Mining signs supply MoU with Mbeya Cement

By: Megan van Wyngaardt     20th April 2017 Dual-listed Kibo Mining has signed a strategic memorandum of understanding (MoU) with Lafarge Tanzania subsidiary Mbeya Cement, to develop regional collaboration and to allow for reciprocal supply of materials. The MoU includes discussions with regional development partners to allow socioeconomic... 

Edenville’s coal wash plant nearly ready for shipment to Tanzania

By: Anine Kilian     19th April 2017 The coal wash plant for use at Edenville Energy’s Rukwa coal mine has been delivered to port in the UK and inspected and cleared by the appropriate authorities, ready for shipment to Tanzania. The first of the shipments is expected to leave the UK this month and will take six weeks to arrive in... 

Kenyan fabricator enters partnership with welding institute

     14th April 2017 The Southern Africa Stainless Steel Development Association (Sassda) facilitated a visit for Kenya-based stainless steel fabricator Desbro Engineering to several South African counterparts, resulting in a training partnership between Desbro and the South African Institute of Welding (SAIW).... 

Peak ramps up offtake, financing talks for rare earths project

By: Esmarie Swanepoel     12th April 2017 Australian project developer Peak Resources is moving forward with financing discussions and mining licence applications for its planned Ngualla rare earths project, which is estimated to cost $356-million. The integrated project comprises the Ngualla mine, in Tanzania, and a refinery in the UK. 

New book on East African Community (EAC) law published

     11th April 2017 Written by leading experts including the president of the East African Community Court of Justice (EACJ), national judges, academics and law practitioners; East African Community Law discusses the nature of EAC law, free movement and competition law as well as the reception of EAC law in partner... 

Two pipelines test economics of East Africa’s oil developments

By: Bloomberg     7th April 2017 A decade after its first big oil find, East Africa’s emergence as a crude exporter has been hindered by security and cost concerns that left the region building two pipelines instead of one. Uganda and Kenya are developing two new basins and originally agreed to build one line to connect the... 

AfDB lends Tanzania $29.8m for natural gas developments

By: Megan van Wyngaardt     6th April 2017 The African Development Bank (AfDB) has approved a $29.8-million loan to Tanzania to help the country mobilise domestic resources and unlock the potential of its natural gas resources through leveraging domestic markets and local content initiatives. The project will help Tanzania “capture the... 

Renewables remain a priority for African economies – WEC

By: Megan van Wyngaardt     6th April 2017 Three critical uncertainties facing South Africa this year includes commodity prices, electric storage and exchange rates, the World Energy Council’s (WEC’s) ‘World Energy Issues Monitor 2017’ suggests. The report states that, given the strong linkage of the South African economy to commodity... 

Edenville expands Mkomolo licence area

By: Natasha Odendaal     6th April 2017 Aim-listed Edenville Energy on Thursday said its mining licence ML362/2016, covering its Mkomolo coal project, in south-west Tanzania, has been enlarged to 9.88 km². The amalgamation of the 14 primary mining licences located at Mkomolo is now entirely held in one continuous licence area under the... 

Walkabout reports maiden reserve at Lindi

By: Esmarie Swanepoel     4th April 2017 Graphite developer Walkabout Resources has reported a proven and probable maiden ore reserve of five-million tonnes, grading 16.13% total graphitic carbon, for 809 081 t of graphite concentrate at its Lindi jumbo graphite project, in Tanzania. “This reserve delivers the highest mill feed grade of... 

Manufacturing East Africa opens doors for growing SA manufacturers

     3rd April 2017 The inaugural Manufacturing East Africa conference will be hosted in Nairobi, Kenya from the 19 – 20 April 2017 and has been developed to explore and address the growing need for intra-Africa trade across the continent.  The event will comprise a 1 day conference, manufacturing competitiveness... 

Kibaran lifts Epanko resource by 40%

By: Esmarie Swanepoel     31st March 2017 Junior graphite developer Kibaran Resources has reported a 40% increase in the mineral resource at its Epanko project, in Tanzania. The company on Friday reported that the mineral resource was now estimated at 30.7-million tonnes, grading 9.9% total graphitic grade for 3.05-million tonnes of... 

Kibo to implement diversified production strategy for Mbeya

By: Natasha Odendaal     30th March 2017 Dual-listed Kibo Mining is adopting a diversified production strategy for the Mbeya coal mine, in Tanzania, which could potentially result in production starting earlier than planned. This followed a “careful study” of the Mbeya coal-to-power project (MCPP) integrated bankable feasibility study... 

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