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Category: Gold

Gold Gold 

Illegal gold mining “mafia” behind death threats | Uganda

arnbethnic
In the week ending 21 June 2020, several media houses reported that Uganda’s State Minister for Minerals, Hon. Sarah Opendi, told the Parliament of Uganda that she had received death threats from anonymous people whom she described as “mafias promoting illegal gold mining.” According to Hon. Opendi, the threats against her are intended to frustrate her efforts against illegal mining activities and other injustices in the mining sector that she is trying to stop. We would like to express our strongest support for Hon. Opendi and the entire administration of… Read More Here
Gold mining Gold 

Tanzanian Gold Corporation doubles gold mineral resources

arnbethnic
  Tanzanian Gold Corporation, or Tangold, has received an updated mineral resource estimate for its Buckreef gold project in Tanzania which indicated a doubling of resources in the measured and indicated categories.   The gold mineral resource estimate at a cut-off grade of 0.4 g.t gold are set out below: The mineral resource estimate also highlighted the upside potential of its exploration targets. Since the last mineral resource update in June 2018, the Buckreef Shear Zone measured mineral resources have more than doubled in terms of tonnage but increased by two and half… Read More Here
gold Covid-19 Gold International 

Gold price within sight of $1,800 as virus cases mount

Copperbelt Katanga News
Gold prices remained stable on Monday, approaching their multi-year high reached last week as investors weigh the rise in US coronavirus cases against uncertain signs of economic improvement in some regions. Spot gold rose 0.1% to $ 1,772.53 an ounce at 12:45 p.m. ET, still in sight of $ 1,800 an ounce – a level most recently reached in late 2011. US gold futures remain largely unchanged, trading at $ 1,781 an ounce. “The current surge in coronavirus cases in most parts of the US has given the market momentum… Read More Here
"Tshisekedi must prevent the sale of a significant part of SOKIMO's assets to AJN" Press release by "Congo Not For Sale" 2 Mining in DRC Gold New Mining Projects 

“Tshisekedi must prevent the sale of a significant part of SOKIMO’s assets to AJN” Press release by “Congo Not For Sale”

arnbethnic
The “Congo is Not For Sale” campaign is requesting the President of DRC and his Council of Ministers to prevent the definitive transfer of a significant part of SOKIMO’s heritage to AJN Resources. The objective of the initial transaction was to revive SOKIMO, but it will instead have the effect of destroying it permanently. We therefore call on the President and the Prime Minister not to approve this transaction and to learn from past privatizations. It is more than necessary for the Congolese state to adopt a real policy of… Read More Here
Gold exploration in Zambia Gold Mining in Zambia New Mining Projects 

GOLD Mining Cooperatives in Rufunsa excited

arnbethnic
GOLD Mining Cooperatives in Rufunsa are excited by President Edgar Lungu’s pronouncement that they will receive equipment and sales will be liberalised. The cooperatives have also requested to mine in the national parks where there is more gold. They have vowed that they will not allow foreigners to “steal” their God given resource. And President Edgar Lungu’s pronouncement that gold cooperatives be allowed to deal with any genuine buyers and not only ZCCM-IH have elated the artisanal miners. Rufunsa’s Chimwetu Gold Mining Cooperative Chairman, Emmanuel Tembo said the pronouncement was… Read More Here
AJN Resources to make Congolese gold investments shine 3 Mining in DRC Gold International 

AJN Resources to make Congolese gold investments shine

Copperbelt Katanga News
Canada-listed junior miner AJN Resources dismissed an attempt to block the company’s plan to buy five gold projects in Democratic Republic of Congo and said the country needed it to bring value to the assets. Civil society groups on Thursday called on the President and Prime Minister to block a draft deal announced in early February, which cabinet meeting minutes showed last week is awaiting their approval. Under the deal, AJN Resources’ Congo unit would acquire stakes of between 30% and 35% in five gold projects in eastern Congo from… Read More Here
Tanzanian Gold Gold 

Tanzanian Gold kicks off commercial production at Buckreef

arnbethnic
Tanzanian Gold Corp. (TSX: TNX) has reached commercial production at the oxide ore processing plant at its Buckreef project, located immediately to the south of Lake Victoria in north-central Tanzania. Since April 6, when the company had its first bucket at the oxide open pit, oxide ore has been stockpiled at a run-of-mine pad. Construction of the plant ended on May 28, and it is now being operated in two 12-hour shifts a day.  Tanzanian Gold recently completed a public tender for an increase in the treatment capacity of the oxide gold processing… Read More Here
barrick Gold bars Gold Copper Mining in Zambia 

Barrick Gold alerts authorities over fake Lumwana mine sale

Copperbelt Katanga News
Barrick Gold have refuted claims circulating on social media in Zambia that the gold mine has sold its lumwana copper mine. The fake press release, dated June 15, claimed Barrick had sold its Zambian copper  mine to Metalinvest Capital Corporation and Zambia’s National Pension Scheme Authority (NAPSA) for $895 million in cash. “We don’t know who’s behind this and we have alerted the relevant securities regulators and law enforcement authorities,” a Barrick spokeswoman told Reuters in a statement. NAPSA – a government-owned pension fund – issued a statement saying it… Read More Here
Metallurgist Careers Career Gold Mining in Zambia 

Metallurgist – Gold Plant | Careers at FQM

arnbethnic
Metallurgist – Gold Plant Closing date | 22-06-2020 Apply Now Requisition Number: JR185Country: Zambia Location: SolweziCategories: Process This position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function. Key Responsibilities Safe operation of existing mill processes and ensuring good practice is maintained; Active contribution to overall growth of the KMP primary safety, production and cost… Read More Here
Gold Pure Gold Mining in DRC Precious Metals 

Billions  of gold being smuggled-DRC

Copperbelt Katanga News
At least 1.1 tonnes of gold mined in the Democratic Republic of the Congo was smuggled into countries along the eastern border last year, costing the impoverished nation’s tax revenue in the millions and financing conflicts and criminal networks, according to a report by the United Nations expert group Nations shows. Official Congo gold exports, made by artisanal miners, are almost unrelated to reality, the report said, highlighting Uganda, Burundi, Rwanda, the United Arab Emirates and Tanzania as some of the most common destinations for precious metals. Citing multiple smugglers’… Read More Here

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