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Mining Archives - African Eye Report | African Eye Report
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Category archives for: Mining

Can the Gold Industry Return to the Golden Age?

It’s time to dig for a solution to the gold mining reserve crisis. April 18, 2019//-The gold industry today finds itself at an inflection point between the recent era of cost-out initiatives and balance sheet deleveraging, and an increasing need to focus on growth and the replenishment of depleting gold reserves. Advertisements

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Saudi Arabian Mining Giant Makes First International Acquisition to Bolster Market Share in Africa

Riyadh, Saudi Arabia, April 18, 2019//-Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.

Spotlight on Development Minerals in Ghana

Accra, Ghana, April 17, 2019//-As a country we must give equal attention to harness the full benefits of “Development Minerals” like what pertains to gold, bauxite, manganese, and diamonds because of its great potential for providing jobs, enhancing economic growth and improving the nations trade balance.

Bluewater Develops Unique Drinking Water Solutions for African Miners

Cape Town, South Africa,  April 15, 2019 – An innovative new mobile water station has been developed by Bluewater, a world leader in water purification technology and solutions, to provide safe drinking water for remote workforces in the African mining sector.

U.S. Sanctions Venezuelan Gold Mining Company

March 22, 2019//-The U.S. Department of the Treasury has sanctioned Venezuela’s state-run gold mining company and its president for propping up the regime of Nicolás Maduro.

Newmont Board Rejects Barrick’s $17.8bn Hostile Offer

March 4, 2019//-Newmont Mining Corp. rejected Barrick Gold Corp.’s $17.8 billion unsolicited takeover bid, a deal that would’ve created the world’s largest gold producer.

Cautious Optimism in Africa’s Mining Sector

February 25, 2019//-After five difficult years, some high-profile analysts think that 2019 could see an improvement in Africa’s mining sector, although much will depend on whether the US-China trade dispute is settled. 

Customers of Menzgold Shocked at Akufo-Addo’s Comment on Botched Gold Dealership Firm

Accra, Ghana, February 21, 2019//-Customers of Menzgold, the botched gold dealership firm, who switched on their television sets to watch Ghana President, Nana Addo Dankwa Akufo-Addo’s third State of the Nation Address (SONA) were shocked at the turn of events.

How Illegal Chinese Mining Destroys Livelihoods, Fuels Conflicts in Cameroon

February 15, 2019//-Nagbayanga Valentin, a widow in her late thirties, sits on the earth floor of her thatched two-roomed house she shares with her four young children in Haya Haya, a mining encampment with about 2,000 inhabitants in Longa Mali village of Betare Oya sub division, some 200 kilometres from Bertoua, headquarters of Cameroon’s East […]

Mining Indaba 2019: The Role of Local Legal Expertise in Maturing Africa’s Mining Potential

February 7, 2019//-Africa’s mining sector has always been a hotspot of global interest; countries like Ghana and South Africa continue to be world leaders in the mining of gold and the continent as a whole holds 22% of the world’s gold production.

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