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There’s liquidity in gas

18th February 2019 Mozambique is no stranger to mega-projects with large foreign direct investments dating back to the 90’s. Mozambique, through its National Oil Company, has again partnered with International Oil Companies for the development of gas resources discovered in offshore Mozambique. RMB’s Oil and Gas... 

OCP Group and Cummins Africa Middle East announce strategic partnership in Morocco

12th February 2019 OCP Group and Cummins Africa Middle East have announced the signing of a strategic partnership related to the implementation of a Master Rebuild Centre (MRC) for Cummins High Horse Power engines in Khouribga, Morocco. The new facility will serve both North and West Africa, and the scope of the... 

Sandvik, Resolute gear up for the fully automated Syama gold mine

By: Kim Cloete     7th February 2019 Global engineering group, Sandvik, is looking forward to moving full steam ahead in its partnership with Resolute Mining to fully automate the Syama underground gold mine.  The Syama underground mine is set to be the world’s first purpose-built, fully automated sublevel cave gold mine. 

IronRidge’s Côte d’Ivoire field activities ‘gaining momentum’

By: Simone Liedtke     4th February 2019 Field activities are gaining momentum in Côte d’Ivoire, West Africa, for Aim-listed IronRidge Resources’ portfolio of projects, as the country enters its dry season for 2019. Commenting on the company’s latest progress, IronRidge COO Len Kolff noted in a statement on Monday that airborne... 

Research shows West Africa is facing more frequent severe storms

By: Rebecca Campbell     1st February 2019 A multinational research consortium of British, French and West African institutes and scientists, funded by the UK Government, has ascertained that “mega storms” in West Africa occur three times more frequently today than they did 35 years ago. The results of the research are being applied to... 

Trans-Gambia bridge a boon for trade, but a blow for local traders

By: Reuters     31st January 2019 A gleaming new bridge in West Africa is transforming transport between Gambia and Senegal, but spells disaster for traders making a living off travellers making the agonising wait to catch a ferry across the Gambia River. Gambia is a sliver of land on either side of the river cutting through the... 

Iamgold updates increase resource in Mali

By: Creamer Media Reporter      31st January 2019 Canadian miner Iamgold has announced an updated mineral resource estimate on the Diakha-Siribaya gold project, in western Mali. The resource comprises 18-million tonnes of indicated resources averaging 1.28 g/t of gold, for 744 000 oz and a further 23.2-million tonnes of inferred resources,... 

Skyriders celebrates nine years working with Syama Gold Mine in Mali

By: Creamer Media Reporter      30th January 2019 The nine-year business relationship with Resolute Mining’s Syama Gold Mine in Mali, for client Goudhurst of Australia, is a striking testament to the quality workmanship and value-for-money offered by Skyriders Access Specialists (Pty) Ltd. The extension of the original roaster smokestack at... 

Gold drilling demand ensures solid revenue, contracts for Capital Drilling

By: Marleny Arnoldi     17th January 2019 LSE-listed Capital Drilling exceeded the top end of its revenue guidance of $105-million to $115-million for 2018, on the back of a strong performance at its West African contracts. It earned $116-million in revenue.  

Commodity-Wide Success For Kwatani Screens

15th January 2019 The recent orders won by vibrating screen and feeder specialist Kwatani have cemented its reputation as the leading South African original equipment supplier (OEM) with a truly cross-commodity footprint. Kwatani’s custom engineered products are now in some of the world’s largest mines, and many... 

Panthera granted new exploration licence in Mali

By: Tasneem Bulbulia     14th January 2019 Gold exploration and development company Panthera Resources, which owns assets in India and West Africa, has been granted a new exploration licence, replacing and considerably extending the tenure of the Kalaka licence, in Mali. The replacement Kalaka licence has been granted for an initial... 

Africa’s telco industry sees a mobile-powered 2019, but 5G still on the agenda

By: Natasha Odendaal     10th January 2019 Sub-Saharan Africa is experiencing a rapid shift from second-generation (2G) to fourth-generation (4G) mobile technology, driven by improved infrastructure and access to cost-effective smartphones. The continent is increasingly becoming connected, with mobile broadband expected to account for 87%... 

Semafo meets FY18 output guidance

By: Tasneem Bulbulia     10th January 2019 Canada-based mining company Semafo produced 244 600 oz of gold in 2018 – in line with guidance of 235 000 oz to 265 000 oz. The company, which operates in West Africa, achieved fourth-quarter production of 95 200 oz of gold, owing to a first full quarter of production at the Boungou mine, in... 

Cora appoints WAI to undertake metallurgical test work at Mali project

By: Simone Liedtke     9th January 2019 West Africa-focused gold exploration company Cora Gold has appointed independent consultancy Wardell Armstrong International (WAI) to undertake a preliminary metallurgical test work programme at the company’s Sanankoro gold discovery, in southern Mali. The test work programme has been designed to... 

Disappearing forests

By: Martin Zhuwakinyu     2nd November 2018 In rather melodramatic fashion, one journalist, writing in June this year, portrayed the rate at which the world is losing its forests thus: “Image looking down on huge swathe of lush forest – but before you can pull out your phone to take a picture, it’s gone.” A look at the latest tree cover... 

Global gold demand growing across market segments, held back by US ETF outflows

By: Marleny Arnoldi     1st November 2018 World Gold Council (WGC) member and market relations head John Mulligan says the third quarter was a strong one for the global gold industry. Although demand increased by only 1%, or 6 t, compared with the third quarter 2017, the 964 t of gold demand recorded in the third quarter was underpinned... 

Randgold, Barrick increase dividends ahead of proposed merger

By: Simone Liedtke     31st October 2018 In connection with the proposed recommended share-for-share merger of Barrick Gold and Randgold Resources, the companies have agreed on increases in the Randgold and the Barrick dividend, as well as an updated dividend policy for the new enlarged Barrick Group. Randgold shareholders will be... 

Offgrid firm BBOXX targets two new African markets with EDF – CEO

By: Reuters     30th October 2018 UK-based off-grid power company BBOXX is looking to enter two new African markets in partnership with France's EDF Group next year as it capitalises on growing interest in the sector from large energy companies, its chief executive said on Monday. The two companies announced last week that the... 

Endeavour announces maiden resource estimate for Côte d’Ivoire target

By: Simone Liedtke     29th October 2018 TSX-listed Endeavour Mining on Monday announced a maiden resource estimate on the Lafigué target, located within the Fetekro greenfield exploration property, in Côte d’Ivoire, and the identification of 14 additional nearby targets. The maiden Lafigué resource estimate encompasses about two-thirds... 

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Industry growth demands maintenance skills

By: Tracy Hancock     26th October 2018 With the growth in wind energy utilities, the demand to install, repair and maintain such facilities in Africa, including South Africa, is on the rise, says Knowledge Pele (KP) Academy head Richard Setati. He tells Engineering News that many reports and commentators attest to the overall growth... 

Unlock true potential of Africa by empowering its youth

26th October 2018 Africa evokes distinctive images of its natural wildlife and majestic landscapes. Of course, there is more to the Africa story, driven by its people, tremendous talent pool, and the untapped resources that will take the continent to the next level of growth in the coming years. 

Mali's first independent power project to start up next week

By: Reuters     25th October 2018 Mali's first independent power project – a €122-million ($139.06-million), 90 MW diesel plant – will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday. The new plant could spur more of the foreign investment Mali has struggled to attract... 

Saoga upbeat about prospects for the gas industry in South Africa

By: Kim Cloete     19th October 2018 The South African Oil & Gas Alliance (Saoga) believes there are catalytic opportunities for developing the gas industry in South Africa, which have been buoyed by a renewed focus on attracting investment to the country. The two major opportunities will be the massive gas finds in neighbouring... 

Containerised workshop facilitates hydraulic services

19th October 2018 Hydraulics components supplier Hytec Services Africa (HSA), part of hydraulic components supplier Hytec Group, has launched its mine site based containerised hose workshops to provide a comprehensive onsite hose and fittings service to its mining clients across Africa. Set up in refurbished and... 

Norton Rose Fulbright South Africa reaches financial close on biggest solar farm in west Africa

18th October 2018 Global law firm, Norton Rose Fulbright, has successfully closed the financing facilities on a 50MW solar PV plant in Sikasso, Mali for the first French green Independent Power Producer, Akuo Energy. The Kita solar farm is its first project to begin construction in Africa and is the largest in... 

AMSA seeks growth opportunities in sub-Saharan Africa amid muted domestic steel demand

By: Nadine James     10th October 2018 In light of weak domestic demand, ArcelorMittal South Africa (AMSA) has implemented a strategy to enhance its short-term profitability and cashflow, thereby, ensuring the business’ sustainability and positioning it to exploit growth in the sub-Saharan Africa region, says CEO Kobus Verster. During... 

Boss sells Burkina Faso project stakes to JV partner Teranga

By: Esmarie Iannucci     3rd October 2018 Uranium developer Boss Resources has struck a A$10-million deal with its joint venture partner Teranga Gold to divest of its interest in the Golden Hill and Gourma projects, in Burkina Faso. Under the terms of the transaction, Boss will sell its shares in Boss Minerals and Askia gold, which... 

Tullow Oil optimistic about prospects in Africa

By: Kim Cloete     2nd October 2018 Oil and gas exploration and production company Tullow Oil has outlined its sharper and deeper focus on Africa, with upbeat outlooks for its projects in both West and East Africa.   Despite a shift to cleaner energy and alternative energy sources, Tullow Oil also believes there will be strong... 

Mini-refineries race billionaire to fix Nigerian fuel crisis

By: Bloomberg     2nd October 2018 In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650 000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7-billion annual fuel-import bill. Such is the... 

Orange, MainOne team up in submarine cable expansion

By: Natasha Odendaal     28th September 2018 French telecommunications group Orange and connectivity and data centre services provider MainOne Cable have signed an agreement that will see Orange inject undisclosed major investments into the West African submarine cable system MainOne. Under the partnership, Orange will acquire additional... 

SACS goes live, greatly furthering global connectivity

By: Tasneem Bulbulia     27th September 2018 The South Atlantic Cable System (SACS), which will provide a more direct route for Internet traffic in the Southern Hemisphere, is now on stream and open for commercial traffic. The system, which is wholly owned by Angola Cables, has been manufactured and powered by NEC Corporation and connects... 

SEW clinches major order for five M-Series industrial gear units for West African mine

25th September 2018 Having an in-house Projects Department to focus on the specific requirements of project houses, OEMs, and other tender-related project activity is starting to bear fruit for drive and automation specialist SEW-EURODRIVE South Africa, which has clinched a major order for five M-Series industrial... 

Greater demand for transparency needed in African real estate industry

By: Simone Liedtke     20th September 2018 There is a growing acknowledgement of the central role that a transparent real estate sector plays in providing healthy, productive and competitive environments for communities and businesses, investment management company JLL global research head Jeremy Kelly said on Thursday. Market... 

Coca-Cola moving ahead with takeover of Nigeria's Chi juice

By: Reuters     20th September 2018 Coca-Cola is moving ahead with plans to take over Nigeria's leading juice company Chi and aims to complete the deal early next year, a senior executive told Reuters. The acquisition for an undisclosed price is one of several steps the US company is taking in a global strategy to diversify from... 

Satellite operator launches South Africa-based operations

By: Natasha Odendaal     14th September 2018 Satellite operator Avanti Communications Group has officially launched its South Africa-based operations as it continues a corporate revamp and continued investment and focus in Africa. “The announcement is underpinned by Avanti’s continued commitment to investing in Africa through a direct local... 

'Will I come back dead?' Human costs of South African gold

By: Bloomberg     10th September 2018 fter more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths. More than 50 people have died in the country’s mines in 2018, roughly the same number as this time last year. While annual death tolls are... 

Volkswagen signs assembly, policy MoUs in Nigeria, Ghana

By: Irma Venter     3rd September 2018 Volkswagen has added Ghana and Nigeria to its list of future vehicle assembly operations in Africa. The German manufacturer is already active on assembly sites in Kenya, Algeria and Rwanda. 

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