Mining industry
Ghana's President John Mahama has taken a decisive step in tackling the country's chronic problem of illegal gold mining, also known as "galamsey," by launching a special task force on Tuesday. The GOLDBOD Task Force is equipped to arrest and detain suspects, and is
Natural resources
The Ghanaian mining company, Azumah Resources, has begun the construction of its highly anticipated Black Volta Gold Mine in the Upper West Region of Ghana. This milestone marks a significant achievement for Ghana's mining sector, with the project expected to deliver substantial socio-economic benefits to the region and
Mining industry
BULAWAYO Mining Company (Pvt) Ltd, trading as How Mine, has emerged victorious in its lawsuit against DDNS Security Operations (Pvt) Ltd, trading as Securico, after a court ruling held Securico liable for the loss of 11.95kg of gold bullion during transit. The court found that Securico failed to provide
Mining industry
Recent trenching and mapping work has extended the mineralisation up to 800 metres from the defined resource at the Iguana prospect, confirming further growth potential and setting the stage for an upcoming resource update. This has significantly expanded the footprint of the Iguana prospect and boosted Titan's ongoing
Natural resources
Small-scale gold miners from Camarines Norte and Mountain Province are calling for a formal, elevated status in the national economy, seeking stronger partnerships with the Bangko Sentral ng Pilipinas (BSP) and the Department of Environment and Natural Resources (DENR). With approximately 500,000 workers and supporting the livelihoods of around
Mining industry
Sandvik, a leading manufacturer of mining and construction equipment, has been awarded a significant order for underground mining equipment from Oyu Tolgoi LLC, a joint venture between Rio Tinto and the Government of Mongolia. The order, valued at approximately SEK 270 million, includes loaders and trucks that will be used
Mining industry
Private Solomon Asare Teye-Tsu, a 30-year-old soldier of the Ghana Armed Forces, has been praised for his integrity and patriotism after rejecting a substantial bribe from a group of illegal miners at the Bibiani Gold Mine in the Western North Region. Mr. Philip Tetteh Padi, an engineer and commissioner of
Mining industry
West Wits Mining Ltd has signed definitive agreements for a senior syndicated loan facility to fund the Qala Shallows Gold Project in South Africa, securing ZAR 875 million (approximately US$50 million, AU$76.5 million). This significant development milestone coincides with the delivery of a 7.5-tonne underground Load-Haul-Dump
Natural resources
Foreign-headquartered firms are injecting new life into Matabeleland's gold mining sector, driven by record global bullion prices and the region's rich, underexplored greenstone belts. This surge of investment is a decisive vote of confidence in Zimbabwe's mining sector, with key players such as Pambili
Mining industry
The ongoing civil war in Sudan has been protracted by a record surge in gold production, with mining activity accelerating to its highest level in six years, reaching an estimated 80 tonnes valued at over $6 billion in 2024. This boom, driven by artisanal mining and easy access to imported
Gold mining
Kavango Resources Plc has achieved a significant milestone in its exploration endeavors, discovering new gold intercepts at its flagship Hillside Gold Project near Bulawayo, Zimbabwe. The company's fortunes are rising, bolstering Zimbabwe's reputation as a competitive mining destination. This breakthrough follows extensive drilling at the Prospect
Mining industry
Krakatoa Resources Ltd, a Australian-based mining company, has successfully raised A$1.3 million through a placement to fund its maiden diamond drilling campaign at the Zopkhito Antimony-Gold Project in Georgia. The funds will be used to undertake a 7,000-10,000-metre drill program, targeted adit drilling, and geophysical surveys
