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East Africa
 
OIL & GAS

'Manage expectations,' Woodside's Coleman tells African countries

Oil and gas major Woodside on Friday called on emerging African resource nations to carefully consider implementing any policy changes that could scare away foreign investment. Speaking at the second day of the East Africa Oil and Gas conference,...
29th August 2014
 
AFRICA-AUSTRALIA

Opportunities beckon in Africa but Oz firms face stiff competition

Australian resources firms that were hoping to exploit African minerals would have to address challenges associated with building sustainable opportunities if they were to deepen market penetration on the continent, and to strengthen their...
29th August 2014
 
Base Metals

Base metals explorer to increase Tanzania nickel deposit

MINING OPERATION
IMX Resources aims to increase nickel sulphide deposit at Ntaka Hill 
Base metals exploration company IMX Resources is aiming to increase the current nickel sulphide deposit and establish a world-class nickel project at its Ntaka Hill nickel sulphide project, in south-east Tanzania, through the ongoing Nachingwea...
15th August 2014
 
NATURAL RESOURCES

China urged to reveal payments on natural resources

China should publicly disclose what it pays African governments for extracting oil, gas and minerals as a way to level the playing field for companies worldwide and help countries get a fair deal for their natural resource wealth,-billionaire...
5th August 2014
 
Exploration

Increased demand from Asia despite price decline

EXPLORATION IN SAUDI ARABIA EXPLORATION IN SAUDI ARABIA
Gold explorers are looking to the underexplored territory of north-east Africa and the Arabian peninsula Gold exploration projects continue to attract significant investor interest, mostly owing to Asian markets’ increasing demand for the yellow metal, despite the commodity’s price decline, says mining consultancy The MSA Group. Although the 21%...
1st August 2014
 
GOLD

Plant efficiencies drive New Luika Q2 output up 8%

New Luika East Africa-focused gold producer Shanta Gold has hit record quarterly production of 21 940 oz at its Tanzania-based New Luika gold mine for the three months ended June 30, representing an 8% uptick on the 20 254 oz produced in the first quarter...
21st July 2014
 
Mining in Africa

Power supply deficit hindering African mining

The deficiency in power generation on the African continent is impacting on the mining industry’s ability to reach its full production potential, thereby impacting on the industry’s ability to boost the continent’s economy, says Dubai-based...
11th July 2014
 
APPOINTMENTS

Alecto appoints West Africa-based operation director

Aim-listed Alecto Minerals has appointed operations manager Dominic Doherty the company’s operations director, with immediate effect.  The West and East Africa-focused explorer added in a statement on Wednesday that part-time executive director...
9th July 2014
 
GOLD

New Luika gold recoveries, cost savings increase

The successful commissioning of the elution and electrowinning circuit at the Tanzania-based New Luika gold mine has improved gold recoveries from 2% to 87.2%, London-listed Shanta Gold said on Tuesday. The East Africa-focused gold production and...
1st July 2014
 
ENERGY – 2

Energy investments receive focus in East African Budgets

Kenya, Uganda and Tanzania plan to allocate money in their annual Budgets to spur investment in infrastructure to exploit oil and natural gas from deposits that companies, including Tullow Oil, are developing. Ugandan and Kenyan oil discoveries,...
20th June 2014
 
NATURAL GAS

Russia’s big China gas deal a wakeup call for Australia

Australia’s liquefied natural gas (LNG) sector has been urged to trim cost if it was to have a chance at participating in the second round of global LNG developments. Energy economics group EnergyQuest said on Tuesday that while the country’s...
27th May 2014
 
OIL & GAS

Rising costs threaten Australian gas projects

Rising costs are threatening Australia’s ability to develop new gas projects, the Australian Petroleum Production and Exploration Association (Appea) has warned. New analysis by Appea and the Australian Bureau of Statistics has highlighted that...
26th May 2014
 
 
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