Category archives for: Mining

Mining sector central to Nigeria economic revival

mining2

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – AN expert is optimistic the solid minerals sector can play a pivotal role in diversifying Nigeria’s under pressure economy. Cyril Azobu, the expert, optimism if the right steps were taken and the current momentum sustained, the sector in Nigeria can contribute up to 3 percent […]

Massive mining job cuts leave SA on the edge

South African mine workers face bleak future

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – SOUTH Africa is sitting on a ticking time bomb with the loss of thousands of jobs in the mining sector due to the economic recession. Recently, 21 000 miners lost their jobs in a country whose credit status has been rated as junk. During the period, Sibanye Gold has […]

De Beers bolsters leadership team

Ann Cormack ,De Beers Group  Executive Head, Human Resources

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – DE Beers Group, with mining operations in Botswana, Namibia and South Africa, has announced three new additions to its Executive Committee. Ann Cormack will succeed Arthur Hewett as Executive Head, Human Resources,as of October. David Prager joins the Executive Committee as Executive Vice-President,Corporate Affairs, and Nancy Liu joins […]

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 […]

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