Category archives for: Mining

Caledonia attains record gold production in Zimbabwe

Miners underground Blanket Mine,

from NDABENI MLOTSHWA in Bulawayo, Zimbabwe BULAWAYO, (CAJ News) – CALEDONIA Mining Corporation has announced a record quarterly production from its Blanket Mine south of Zimbabwe. Approximately 16 425 ounces (466 kilogrammes) of gold were produced in the last quarter of 2017, 14 percent higher than the previous quarter. Total production for the year was […]

Mining industry welcomes new Zimbabwe regime

Mining Indaba

from DION HENRICK in Cape Town CAPE TOWN, (CAJ News) – ORGANISERS of the annual African Mining Indaba are hopeful of progress in Zimbabwe’s mining sector under the new regime of President Emmerson Mnangagwa. The veteran politician took over from longtime leader Robert Mugabe under whose watch the industry suffered a massive decline, partly blamed […]

AMG’s gold reserves to hit R1 billion mark

Frank Buyanga

by SAMUEL MUNGADZE JOHANNESBURG, (CAJ News) – THE African Medallion Group’s (AMG’s) gold reserves are set to double to R1 billion (US$78,5 million) in early 2018 after impressive developments at the South Africa based start-up this year. In 2017, the firm, launched by Zimbabwean entrepreneur and philanthropist, Frank Buyanga, saw its reserves increase to over R500 million. The growth of […]

Mining keeps close eye on divisive ANC elections

ANC elective conference under close watch from mining sector

by SAVIOUS KWINIKA & MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – ANALYSTS are wary the current operating environment and policy doubts could hamper the impressive revival of South Africa’s mining sector. Mining, which is a key contributor to Africa’s most advanced economy, has accelerated to 5,2 percent year-on-year in October from a 0,3 percent decline in […]

Reforms set to boost Kenya mining potential

Mining revived in Kenya

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA is reforming its mining regulations to enhance the sector’s contribution to East Africa’s biggest economy. Dan Kazungu, the Cabinet Secretary in the Mining Ministry, said significant strides had been made in reforming our mining regulatory framework, among them the operationalisation of the online mining […]

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