Category archives for: Mining

Nigeria explores mining to stimulate stressed economy

GOLD mining Nigeria

From EMEKA OKONKWO in Abuja, Nigeria, ABUJA, (CAJ News) – NIGERIA, Africa’s biggest economy nonetheless undergoing a recession, is intensifying efforts to explore opportunities in the mining sector.This is part of a drive to diversify the economy from the struggling oil industry.In October, over 500 mining and industrial professionals, will in Abuja for the Nigeria […]

CoAL, Rio Tinto settle lengthy tensions

David Brown, Chief Executive Officer CoAl

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – COAL of Africa, the South African-based miner, has fulfilled its financial obligations to Rio Tinto under which the latter’s subsidiary acquired interest in  MbeuYashu acquired interest in Chapudi Coal and Kwezi Mining Exploration. This ends tensions arising from allegations CoAL owed penalties. David Brown, Chief Executive Officer of […]

Digital evolution spearheads DRC mining growth

drc mining

From JEAN KASSONGO in Kinshasa, DRC,KINSHASA, (CAJ News) – DIGITAL innovation is driving transformation within the mining sector in the Democratic Republic of the Congo, the mineral-rich Central African country whose development has nonetheless been scuttled by eternal conflict. With over 25 international mining groups active in the region, the mining sector has become significant […]

Anglo Gold Ashanti to shed over 8 000 jobs

Miners work deep underground at Anglogold Ashanti's Mponeng mine in this undated handout photo. South Africa's mines are among the most dangerous in the world not least because of the astonishing depths that miners reach to extract gold from the vast reef that has supplied much of the world's bullion. But at Mponeng, safety has been improving even as AngloGold has blasted ever deeper. In 2001 seven miners were killed there but the numbers have been falling. Last year two lost their lives and none had this year before last week.      To match feature SAFRICA-MINE/DEEP       REUTERS/Anglogold Ashanti/Handout (SOUTH AFRICA - Tags: EMPLOYMENT BUSINESS) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – ANGLOGOLD Ashanti is set to retrench some 8 500 employees in South Africa in light of heavy losses incurred recently. The company has begun a consultation process with employees in terms of section 189 and 189A of the Labour Relations Act. It said some of our older mines […]

Nujoma, world’s prime exploration vessel launched

Vessel SS Nujoma

From AFRED SHILONGO in Windhoek, Namibia WINDHOEK, (CAJ News) – DEBEERS and the Government have inaugurated the world’s largest and most advanced diamond exploration and sampling vessel, which is to begin ready to exploring for diamond deposits in Namibian waters. The US$157 million (N$2,3 billion) vessel, mv SS Nujoma, will enable Debmarine Namibia, a 50/50 […]

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