Monday , November 18 2019
Home / Evans Mumba

Evans Mumba

Investment in Mechanisation key to Namibian mining growth

Increased investments in industrialisation are key to the growth of the Namibian mining sector; he is according to a report by OG Analysis titled, ‘The Namibia Mining Market, Size, Share, Outlook and Growth Opportunities 2020-2026’. The report presents a comprehensive analysis of the country’s mining. It gives key trends and …

Read More »

Terex Trucks focuses on Benelux growth

With the economy and the construction sector set to grow at a steady speed in Belgium, the Netherlands and Luxembourg over the next few years, Terex Trucks is expanding its operations and bringing its TA300 and TA400 articulated haulers to even more customers throughout the region. The Benelux region is …

Read More »

Empire Cat donates truck for raffle

Empire CAT of Phoenix, AZ, has donated a 2020 GMC Sierra 2500 SLT Diesel truck valued at $70,000 as the grand prize for the Society for Mining, Metallurgy & Exploration Foundation (SMEF)  Benefit Truck Raffle. The proceeds are to support critical education, outreach and professional development programs for SMEF. “Empire …

Read More »

Africa must benefit the most from mineral wealth-Ramaphosa

President Cyril Ramaphosa says the time has come for Africa to benefit from its mineral wealth and be a producer of value-added goods. The President made the impassioned plea during the opening ceremony of the second Africa Investment Forum at the Sandton Convention Centre in Johannesburg. Approximately 2 000 delegates …

Read More »

De Beers Canada explores near Cobalt

De Beers Canada has started preliminary drilling at properties near the town of Cobalt, in Ontario. De Beers is drilling at TSX-V-listed Tri Origin’s Nipissing Cobalt and South Abitibi project, near Cobalt. This will be the first time that these targets will be tested, the junior said. The initial target …

Read More »

Petra Diamonds establishes second artisanal mining initiative

London-listed Petra Diamonds launched its Artisanal Small-scale Mining (ASM) initiative in the Free State. The launch follows a process of consultation and cooperating with relevant stakeholders, including the Department of Mineral Resources and Energy, the Letsemeng local municipality, and the community of Koffiefontein itself. During the project, the aim was …

Read More »

PFS study confirms Langer Heinrich high quality and potential

Paladin Energy Ltd.’s pre-feasibility study (PFS) for the resumption of the Langer Heinrich uranium mine has provided enhanced economics and potential for capacity expansion at the Namibian mine. The study has confirmed that $80-million in capital will be required to support a 5.2 million pound a year operation. The Namibian …

Read More »

Namibia critical metals confirm no material change

Namibia Critical Metals have professed ignorance regarding material change in the operations of the company that could account for the 80% jump in its share price. According to market reports October 29 was a positive day for Namibia Critical Metals Inc. (NMI: CA) as its stock ended the day 80% …

Read More »

Dundee invests in Ecuador-focused INV Metals

Canada-based international gold mining company Dundee Precious Metals (DPM) has invested C$10-million in Ecuador-focused INV Metals, which is advancing the Loma Larga project. DPM’s investment, which formed part of a C$15.6-million private placement at C$0.40 a share, has turned the company into a strategic shareholder in INV, representing a 19.5% …

Read More »

Having Kimura onboard is strategic- MineHub Consortium

MineHub is convinced that having Kimura Capital LLP as one of its participants in their consortium is strategic as they are leaders in the finance industry, an industry MineHub believe is key to their growth and that of its stakeholders. The company recently announced this development through a press statement …

Read More »