Harikrishnan Tulsidas

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Africa loses $60bn annually – report

File photo<p>Africa is losing an estimated $60bn annually due to illicit financial outflows mainly of minerals and there is a need to implement …

Contents

We are a unique informational platform, created with South Africans in mind including those living in diaspora and locally. Buzzsouthafrica creates …

South Africa

African Union mining vision serves as framework for Namibian minerals policy review

The Ministry of Mines and Energy has just embarked on the long-outstanding review of the national Minerals Policy to align this policy document with …

African Union

We need to find the courage and political will to reimagine mining in South Africa

On 16 August, 2012, the mining sector drilled into the heart of our humanity, and into the hearts of scores of families when 44 miners were …

Huge Underground Cache of Helium in Africa Could Avert Global Shortage

Large underground reserves of helium in East Africa are at least twice as large as first reported, according to scientists from the University of …

Helium

Why De Beers Wants to Hire More Women - JCK

De Beers, sometimes slagged as a boy’s club, now has a new message: Women wanted.<p>Last week, the diamond giant forged a three-year partnership with UN …

AFC earmarks US$700 million for Africa’s natural resource transformation

Ghana

Niger court action over 'fraudulent' uranium deal

<b>Activists in Niger have started legal action into a uranium deal in which the country is said to have lost $3.25m.</b><p>The scandal, known as "uranium-gate", resulted from a 2011 transaction between French nuclear giant Areva and companies both in Niger and abroad.<p>There is also a French investigation …

Africa

Why the Global Mining Industry is Embracing Renewables

Recent decisions to power mines in such disparate environments as India, Africa, and Chile with renewable energy indicate that increased adoption may …

US mulls scaling back ‘conflict minerals’ rule

The US Securities and Exchange Commission (SEC) may soon change its "conflict minerals" rule, which requires companies to trace and report whether …

Africa

How German firms can tap into Africa’s diversification drive

'Where I do see significant opportunities is in the midstream and downstream petroleum industry.'

Oil & Gas Industry

New Material Could Make Faster Computers That Use 100 Times Less Energy

AN ATOMIC SANDWICH<p>Experts may have just found a way to create a material that allows for greater computing power with less energy input. In a paper …

Botswana Shuts State-Owned Copper, Nickel Producer BCL on Losses

Botswana shut down money-losing copper and nickel producer BCL Ltd. and began steps to liquidate the state-owned company, Mineral Resources Minister …

Commodities

As South Africa's Gold Mining Companies Decline In Production, Illegal Miners Thrive

A recent accident in a gold mine in South Africa has brought attention to the growing practice of illegal mining. The legal mining operations have been on a decades-long decline but illegal miners are thriving.<p>Transcript<p>SCOTT SIMON, HOST:<p>South Africa has been a destination for miners who hope to …

Africa

10 key points from the Zimbabwe Alternative Mining Indaba

By Mukasiri Sibanda, HARARE, October 7 (The Source) – Zimbabwe is blessed with rich mineral deposits including gold, diamonds, platinum among others …

Armadale discovers high-grade coarse flake graphite mineralisation in Tanzania

London-based Armadale Capital announced Friday a preliminary discovery of high-grade coarse flake graphite mineralisation close to the surface at its …

East Africa

Uranium miner looking at gold

A report published today by <i>The Telegraph</i> states that Australian-based uranium-focused company Aura Energy has set its hopes on a gold deposit next to …

Uranium

State of the Mineral Exploration Industry

According to SNL, the total estimated worldwide budget allocation for non-ferrous mineral exploration decreased by 18 percent in 2015 to about $8.8 …

Oil & Gas Industry

Stellar Diamonds notes positive results for combined Tongo and Tonguma diamond project

Stellar Diamonds has announced the positive results of an independent preliminary economic assessment (PEA) for the combined Tongo and Tonguma …

In South Africa's deep mines, drones may soon go where humans should not | Reuters

JOHANNESBURG, Oct 6 (Reuters) - South Africa is developing drones for the mining industry for inspections in potentially unsafe areas underground, removing the need to put humans in harm’s way, an industry conference heard on Thursday.<p>Fred Cawood, the director of the Mining Institute at …

South Africa

Innovation back on the Chamber of Mines’ agenda

The Chamber of Mines is supporting the global VCI Innovation State of Play assessment as part of its commitment to innovation in South African …

Kenya says $55 oil needed to make project profitable - News for the Oil and Gas Sector

Kenya has said it needs the oil price to be no lower than between $50 and $55 a barrel to exploit its reserves at a profitable level.<p>A government …

Oil

Mariana Resources to explore for gold in West Africa

Home<p>Latest News<p>Sector News<p>Back<p>Base Metals<p>Back<br>• Base Metals Home<br>• Aluminium<br>• Bauxite<br>• Cobalt<br>• Copper<br>• Lead<br>• Nickel<br>• Tin<br>• Zinc<p>Coal<p>CSR<p>Diamonds<p>Diversified …

West Africa

Lundin poised for mega Congo copper deal

In May Freeport-McMoRan Copper & Gold (NYSE:FCX) announced the sale of its Tenke Fungurume copper mine in the Democratic Republic of the Congo to …

Business (Canada)

Opec deal to reduce crude output sends oil prices surging

The Organisation of the Petroleum Exporting Countries has struck a deal to cut crude output for the first time in eight years to help ease a global glut, a landmark agreement that sent oil prices surging.<p>Brent crude leapt 5.9pc to $48.69 a barrel this evening and West Texas Intermediate jumped …

Coal India plans to re-enter Mozambique

Home<p>Latest News<p>Sector News<p>Back<p>Base Metals<p>Back<br>• Base Metals Home<br>• Aluminium<br>• Bauxite<br>• Cobalt<br>• Copper<br>• Lead<br>• Nickel<br>• Tin<br>• Zinc<p>Coal<p>CSR<p>Diamonds<p>Diversified …

Malawi: Mining Puts Residents at Risk

Expand Nagomba E., 75, standing where her house used to be in Mwabulambo, Karonga district. She and her family were told to relocate in 2008 because …

Africa