Mining Companies - Copperbelt Katanga Mining

Astec signs distributor for African countries

July 3, 2020July 3, 2020 arnbethnic

Astec Industries has appointed Aramine as an official dealer of Astec Material Solutions in the West African countries of Mauritania, Mali, Senegal, Guinea, Ivory Coast, Burkina Faso, Benin, Togo and Niger and the Maghreb areas of Algeria, Tunisia and Morocco. Aramine will become an official dealer for Astec in several African countries. The agreement, effective in early June, was inked between Astec’s Africa Middle East regional office and makes Aramine an official dealer. No financial details were released. According to Aramine key regional and product manager and head of distribution… Read More Here

Mining Companies

Tanzanian Gold Corporation

June 22, 2020June 26, 2020 arnbethnic

About Tanzanian Gold Corporation Tanzanian Gold Corporation is building a world-class gold mine at the Buckreef Project in Tanzania. An ongoing drill program has, to date, more than doubled the size of measured and indicated resources to 2.036 million oz. NI 43-101 compliant exploration mining targets have the potential to add up to another 2 million ounces. The company is rapidly advancing on three value-creating tracks, simultaneously: 1. Production from an oxide processing plant to operate as a separate, stand-alone plant for the full life of the larger sulphide mining… Read More Here

Mining Companies Mining in Zambia

Zambian official says Glencore reverses plan to shut Mopani operations.

April 20, 2020June 26, 2020 arnbethnic

Glencore told the Zambian government this week that it wants to keep operating its Zambian copper mining subsidiary Mopani Copper Mines (MCM), not shutter the operations, mines ministry permanent secretary Barnaby Mulenga said on Sunday. Mopani Copper Mines is 73.1% owned by Glencore, 16.9% by First Quantum Minerals and 10% by ZCCM-IH. (Image courtesy of photosmith2011 | Flickr) Glencore’s decision to put MCM under “care and maintenance” sparked a backlash from Zambia’s government, which threatened to revoke the firm’s mining licences because it said Glencore did not give enough notice before suspending the mines.… Read More Here