Category archives for: Mining

Kibo welcomes Tanzania moves against mining fraud

kibo

From ALLOYCE KIMBUNGA in Dar-es-Salaam, Tanzania DAR-ES-SALAAM, (CAJ News) – JOHANNESBURG Stock Exchange-listed Kibo Mining has welcomed policy and legislative changes aimed at curbing rampant fraud in Tanzania’s mining sector.The company announced it recently held a series of meetings with key Tanzanian stakeholders, which resulted in significant progress for the further development of its Mbeya Coal […]

Minister rescinds appeal against integrated water use

Coal of Africa Limited

JOHANNESBURG, (CAJ News) -Coal of Africa Limited (“CoAL”  has announced the suspension of the Integrated Water Use Licence (“IWUL”) for the Makhado Project has been lifted by the South African Minister of the Department of Water and Sanitation (“DWS”), Ms Nomvula Mokonyane. In April 2016, an appeal was lodged against the decision by the DWS […]

Forevermark has inscribed 2 million diamonds

DIAMOND

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE Forevermark diamond brand has inscribed its 2 millionth diamond, a 3.48 carat round brilliant bearing the unique inscription of ‘2,000,000’. The diamond was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. It will be set in a piece of jewellery at […]

Caledonia’s Zimbabwe subsidiary doubles profits

Caledonia

From NDABENI MLOTHSWA in Bulawayo, Zimbabwe BULAWAYO, (CAJ News) – CANADIAN miner, Caledonia, has doubled profits at its Blanket Mine in Zimbabwe on the back of an 18 percent output of gold in the first quarter of the year. Output increased from 10 822 ounces (oz) to 12 794 due to increased tonnes milled, higher […]

Gilbert appointed Glencore as director

Martin Gilbert as an independent non-executive director

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) -GLOBAL diversified natural resource company, Glencore, has appointed Martin Gilbert as an independent non-executive director. The appointment is with immediate effect. “On behalf of the Board I am delighted to announce the appointment of Martin Gilbert,” said Tony Hayward, Glencore Chairman. “Martin is one of the leading entrepreneurs of […]

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