World Bank has reportedly committed US$200mn to the five-year fund, and has been meeting with mining companies and governments from sub-Saharan Africa. (Image source: Bruno San/Flickr)
The World Bank would launch a US$1bn fund in July 2014 to map mineral resources of Africa, using satellites and airborne surveys, according to a report
Drilling programs in Tanlouka focus on improving oxide and transitional components of Mankarga-5 resource. (Image source: Vendin/Flickr)
West African Resources Limited has announced that it has acquired Burkina Faso’s gold explorer Channel Resource Limited
The US$480mn Boikarabelo project operated by Resource Generation has been scheduled to commence production in 2015. (Image source: Stella Blu/Flickr)
Hong Kong-based trader Noble Group has agreed to lend South African miner Resource Generation US$65mn to develop its Boikarabelo coal project in the country’s Waterberg area
According to UNDP, the mining sector in Africa provides huge opportunities for sustainable development and poverty reduction in the continent, if properly managed. (Image source: Jerome Bon/Flickr)
The United Nations Development Programme (UNDP), in collaboration with some institutions, has launched the African Minerals Development Centre (AMDC), to aid with the sustainable development of the region’s extractive industry
Zimplats produces 180,000 ounces of platinum per year from its mines in Zimbabwe. (Image source: Wikimedia Commons)
Platinum mining company Zimplats has announced plans to close its Rukodzi mine in Zimbabwe and invest US$470mn in opening a new mine, to increase its capacity utilisation
