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northam gold elb

Outlook for South Africa mining sector for 2019 bullish

The outlook for mining in South Africa remains bullish despite concerns about labour and power costs. There is also cautious optimism of commodity prices.
Oriole Resources

Africa Finance Corporation invests in Cameroon’s energy supply as demand grows

The Africa Finance Corporation will invest in the construction of a new hydro power plant in Cameroon as the demand for electricity continues to grow.
Kibo Energy

Kibo Energy makes another acquisition

AIM-listed Kibo Energy, the multi-asset, Africa focused, energy company, has signed a memorandum of understanding to acquire a 60% equity interest in privately-owned UK company Mast Energy Developments.
Metalkol RTR

ERG signs ten-year power supply agreement for Metalkol project

Eurasian Resources Group has signed a 10 year electricity supply agreement for its Metalkol project in the DRC for up to ten years.
exxaro coal

Kibo Mining shareholders to vote on name change

Kibo Mining plans to put forward a resolution seeking approval for changing the name of the company to Kibo Energy at its AGM to be held on Monday 30 July 2018.

Chamber of Mines opposes Eskom’s application to Nersa to recover losses

The Chamber of Mines opposes Eskom’s application to the National Energy Regulator of South Africa for an increase in electricity tariffs to recover over R 66 billion in losses.

SONA speech delivers no hope or answers for mining sector

The 2016 SONA (State of the Nation) address delivered by South African president Jacob Zuma last week delivered a disappointing message for the local mining sector – one which provided no relief or answers...

First Quantum reports sufficient, consistent power supply to Zambian operations

TSX-listed First Quantum Minerals’ on Tuesday reported that its Zambian copper operations, which include the Kansanshi mine, smelter and the Sentinel project, are being consistently provided a total of approximately 285MW. This power supply allows...

Minergy to boost Southern Africa energy deficit with Botswana coal project

Coal exploration company Minergy is looking to assist in Southern Africa’s energy deficit crisis with its large, shallow, low cost Masama coal project in Botswana. “Minergy’s Masama project is a unique coal asset, with high...

Kibo Mining finalising MOU for power purchase agreement in Tanzania

Dual listed Tanzania-focused junior Kibo Mining is currently finalising a Memorandum of Understanding (MOU) with Tanzania Electric Supply Company for a Power Purchase Agreement (PPA) for its Mbeya Coal to Power Project (MCPP). Over the...