Mining

UNDP sets up African Minerals Development Centre

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 to start US$470 million mining project in Zimbabwe

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

Base Titanium to export zircon from Kwale mines in Kenya

Base Titanium has planned its first export shipment of zircon to Japan. (Image source: Rob Lavinsky/Wikimedia Commons)

Mining company Base Titanium has applied for a permit to export products from its Kwale Mineral Sands mining project in Kenya

Anglo American and its subsidiary to finance Ferrex’s iron ore project in Gabon

The full term of agreement would be disclosed in February 2014. (Image source: Deidre Woollarc/Flickr)

Anglo American and its subsidiary Kumba Iron Ore Limited have signed a two-year agreement to finance African mining explorer Ferrex for the Mebaga iron ore project in Gabon

Tanzania sets up new mining company for Tulawaka Gold Mine project

Earlier this year, ABG and MDN sold their ownership rights in the Tulawaka Gold Mine to STAMICO. (Image source: ABG)

The Tanzanian government has set up a new company in Dar es Salaam to explore licenses around the Tulawaka Gold Mine and manage the project in the Kagera Region