Sunday, November 24, 2024
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Mining

Mozambique to invest mineral sales income

Mozambique's government plans to set up a sovereign investment fund where taxes paid on sales of the country's minerals will be used to finance development projects, state-run AIM news agency said on Monday quoting the finance minister.

BHP Billiton to sell US shale business

Mining giant BHP Billiton will sell its US shale assets after pressure from shareholders to offload the underperforming business.

Congo reinstates VAT on imports for mining companies

Congo has reinstated a value added tax on mining company imports, the chamber of mines said on Saturday, part of what miners say is a deteriorating business climate in the country.

Congo’s mining revenue ‘missing’

More than 20% of the Democratic Republic of Congo's mining revenue is being lost due to corruption and mismanagement, a campaign group says. According to...

Tanzania’s Magufuli threatens to shut mines

Tanzania's President John Magufuli has threatened to close down all gold mines in the country if mining companies delay talks with his government aimed...

South Africa to suspend issuing mining rights

 South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to...

Tanzania suspends new mining licenses

Tanzania's President John Magufuli has ordered the suspension of new mining licenses.The announcement was made in a statement from State House. It also says that...

Tanzania to renegotiate mining and gas contracts after passing new laws

Tanzania's parliament passed two laws on Monday allowing the government to force mining and energy companies to renegotiate their contracts, despite pleas from the...

AngloGold considers 8,500 job cuts in South Africa

AngloGold Ashanti is considering laying off 8,500 workers, some 30 percent of its workforce, Africa's biggest gold miner said on Wednesday, as it looks...

China protests at Zambia mining arrests

China has complained to Zambia after 31 of its nationals were arrested at the weekend for alleged illegal mining practices. A senior Chinese foreign ministry...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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