World Bank backs Nigeria economic diversification plans

Nigeria Mining Week.

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 a key partnership with the Federal Government and was still working along with some states that have higher mining potential. World Bank recently More...

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GLENCORE
By On Wednesday, September 20th, 2017
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Angola LNG, Glencore sign sales agreement

LUANDA, (CAJ News) – Angola Liquefied Natural Gas (ALNG) Limited and Glencore Energy UK have executed a global multiyear LNG sales agreement. ALNG will deliver LNG cargoes to Glencore at destinations around More...

gold
By On Monday, September 11th, 2017
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Buyanga’s AMG targets a tonne in year of gold

By AKANAI CHAUKE JOHANNESBURG, (CAJ News) – AFRICAN Medallion Group (AMG) is targeting a tonne of gold before the end of the year as the firm nears R100 million (US$7,7 million) in gold in the past 90 days. Founder More...

Nigeria Mining Week.
By On Monday, July 10th, 2017
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Nigeria explores mining to stimulate stressed economy

ABUJA, (CAJ News) – NIGERIA, Africa’s biggest economy nonetheless undergoing a recession, is intensifying efforts to explore opportunities in the mining sector.This is part of a drive to diversify the economy More...

South Africa's mining watches closely ANC elective conference
By On Friday, June 30th, 2017
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Digital evolution spearheads DRC mining growth

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – DIGITAL innovation is driving transformation within the mining sector in the Democratic Republic of the Congo, the mineral-rich Central African country More...

‘New’ Anglo American under creation
By On Wednesday, June 28th, 2017
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Anglo Gold Ashanti to slash over 8 000 jobs

JOHANNESBURG, (CAJ News) – ANGLOGOLD Ashanti is set to retrench some 8 500 employees in South Africa in light of heavy losses incurred recently. The company has begun a consultation process with employees More...

Vessel SS Nujoma
By On Thursday, June 15th, 2017
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Nujoma, world’s prime exploration vessel launched

WINDHOEK, (CAJ News) – DEBEERS and the Government have inaugurated the world’s largest and most advanced diamond exploration and sampling vessel, which is to begin ready to exploring for diamond deposits More...

kibo
By On Wednesday, June 14th, 2017
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Kibo welcomes Tanzania moves against mining fraud

By ALLOYCE KIMBUNGA , TANZANIA, DAR-ES-SALAAM, (CAJ News) – JOHANNESBURG Stock Exchange-listed Kibo Mining has welcomed policy and legislative changes aimed at curbing rampant fraud in Tanzania’s mining sector. The More...

Coal of Africa Limited
By On Monday, May 29th, 2017
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Minister rescinds appeal against integrated water use

JOHANNESBURG, (CAJ News) -Coal of Africa Limited (“CoAL”  has announced the suspension of the Integrated Water Use Licence (“IWUL”) for the Makhado Project has been lifted by the South African Minister More...

De Beers' diamonds
By On Thursday, May 25th, 2017
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Forevermark has inscribed 2 million diamonds

De Beers’ diamonds JOHANNESBURG, (CAJ News) – THE Forevermark diamond brand has inscribed its 2 millionth diamond, a 3.48 carat round brilliant bearing the unique inscription of ‘2,000,000’. The More...