Legislative changes in Zimbabwe buoy Caledonia

CALEDONIA Mining Corporation

BULAWAYO, (CAJ News) – BOUYED by record gold production and political changes in Zimbabwe, Canadian gold mining firm, Caledonia Mining, appears eager to raise at least $4 million and buy back a stake previously ceded to indigenous entities. The capital would also finance exploration and evaluations of additional projects in Zimbabwe. Blanket Mine, More...

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mining Tech revolution
By On Friday, February 23rd, 2018
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Tech revolution changing face of iron ore mining

JOHANNESBURG, (CAJ News) – AN investment of R500 million (US$42,8 million) in technology by Kumba Iron Ore, Africa’s largest producer of the mineral, is paying dividends. The investment has been made at More...

mining sector
By On Monday, February 12th, 2018
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Political deadlock grounds SA mining sector

JOHANNESBURG, (CAJ News) – THE mining industry in South Africa, the continent’s most advanced economy, is bearing the brunt of policy uncertainty and the prevailing political impasse. These factors are More...

Ashruf Kaka, the ACF National Project Director
By On Wednesday, February 7th, 2018
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ACF injects $220 million to Zimbabwe chrome mining

Ashruf Kaka, the ACF National Project Director CAPE TOWN, (CAJ News) – AFRICAN Chrome Fields (ACF), a key investor in Zimbabwe’s mining industry, has spent over US$220 million in the country, underlining More...

Zimbabwe mining
By On Wednesday, February 7th, 2018
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Zimbabwe mineral sector ripe for investments

CAPE TOWN, (CAJ News) – INTERNATIONAL investors have been encouraged to make the most of Zimbabwe’s endowment with mineral resources and moves by the new administration to ease legislation promulgated by More...

CALEDONIA Mining Corporation
By On Thursday, November 2nd, 2017
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Caledonia reports improved gold yields in Zimbabwe

HARARE, (CAJ News) – CALEDONIA Mining Corporation has announced an increase and upgrade to the resource base at the Blanket Mine in Zimbabwe, its 49 percent-owned subsidiary. Based on development and diamond More...

Base Titanium
By On Tuesday, October 31st, 2017
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Base Titanium headlines Kenya Mining Forum

NAIROBI, (CAJ News) – BASE Titanium is basking in the glory of being awarded the official flagship status by Kenya’s Vision 2030 for the Kwale Mine. “This represents a significant milestone in the partnership More...

GLENCORE
By On Friday, October 6th, 2017
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Glencore buys Chevron stakes in Botswana, SA

JOHANNESBURG, (CAJ News) – GLENCORE has entered into an agreement with Off The Shelf Investments (OTS) for major acquisitions in Chevron Botswana and South Africa for US$973 million. It will acquire from More...

DIAMOND
By On Wednesday, September 27th, 2017
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De Beers lays foundation for gender equality

JOHANNESBURG, (CAJ News) – THE De Beers Group is to invest US$3 million into empowering women in its producer countries. Targeted beneficiaries include women micro-entrepreneurs in Southern Africa and Canadian More...

Nigeria Mining Week.
By On Tuesday, September 26th, 2017
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World Bank backs Nigeria economic diversification plans

ABUJA, (CAJ News) – PLANS by Nigeria to place mining at the centre of diversifying the economy from the oil industry have received a timely boost from the World Bank. The bank announced it had developed More...