Egypt awards 11 companies concessions in mining bid round
BY: REUTERS CAIRO – Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration,...
FDI
Canada’s First Quantum weighs $1bn Zambian copper mine expansion – document
BY Reuters - TORONTO/LONDON – Canadian miner First Quantum Minerals is weighing investment of around $1-billion to lift output at...
Nigeria – The road to a mining investment hub
BY The Nation - Nigeria is inching closer to becoming Africa’s mining investment hub. By dangling the proverbial carrot in the...
How to bring more foreign investment into India’s coal sector? govt proposes these tricks
BY PTI - The country produced 730.35 million tonne of coal in FY'19 while the imports were 235.24 MT. Coal...
Ethiopia vows to remove barriers to investment in mining
By Reuters ADDIS ABABA (Reuters) - Ethiopia vowed on Monday to remove barriers to investment in its mining sector, focusing...
ace of investments in Mexico’s mining sector seen slowing to $5,2 Billion
By Reuters MEXICO CITY (Reuters) - The pace of investments in Mexico’s mining industry is expected to slow this year to its lowest since 2016, Mexican industry group Camimex said on Wednesday, adding that greater policy certainty was needed to attract more investments. Camimex sees the value of investments rising 7.4% this year to reach $5.26 billion, after the figure grew 13.8% in 2018. “We need public policies that generate trust for investors,” Camimex said in a statement. Investor confidence in Mexico, Latin America’s second largest economy, has been shaken...
Karo Mining officially launches US$4.2bln Zimbabwe platinum project
PLATINUM producer Karo Mining Holdings on Tuesday officially launched the Karo platinum project in Chegutu. “We are excited about partnering with Zimbabwe and its people in building a long-term and sustainable business. Zimbabwe has an extraordinary metal and...
African Chrome Fields: Game changer along the Great Dyke
Privately-owned mining company African Chrome Fields is proving its commitment to Zimbabwe by expanding its already impressive alluvial chrome mining...
President reopens Eureka Gold Mine •Delta Gold pours in $60m •Operation to create 400 jobs
Farirai Machivenyika and Levi Mukarati President Mnangagwa yesterday officially reopened Eureka Gold Mine in Guruve, which is expected to produce...
Investors inundate ZMDC over 6 mines
Ishemunyoro Chingwere Business Reporter At least 151 investors have formerly expressed interest to invest in six mines owned by the...
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