Tanzania intends to collect 470.9-billion shillings ($205.5-million) from minerals in 2019-20, compared with a projected income of 310.6-billion shillings in the fiscal year ending June 30. The East African nation plans to boost production and exports,…
Tanzania targets big increase in mineral revenue Read More »
Fearing delays in holding fresh auctions of 288 mining leases slated to expire in March next year, the Indian mining industry has sought a ten-year extension of leases for these mines until 2030. The Federation of Indian Mineral Industries, in a presen…
Miners seek 10-year extension for Indian mining leases expiring next year Read More »
A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government’s attempt to seize KCM, which is one of the…
Vedanta-Konkola liquidation case adjourned to June 4 – lawyer Read More »
A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government’s attempt to seize KCM, which is one of the…
Vedanta-Konkola liquidation case adjourned to June 4 Read More »
Zambia will carry out regular audits at all mines to avoid any repeat of the situation at Vedanta unit Konkola Copper Mines (KCM), which has breached the terms of its licence, the mining ministry said on Thursday. Zambian President Edgar Lungu said on …
Zambia’s mines minister orders regular audits at all mines Read More »
Organisation Undoing Tax Abuse (Outa) on Thursday announced that the National Prosecuting Authority (NPA) would start its prosecution of the former directors of Aurora Empowerment Systems on May 28.
A summons had been issued in March related to envir…
NPA starts prosecution of Aurora directors Read More »
Tanzania will start cancelling inactive mining exploration licences and distribute the acreage to artisanal miners who are able to immediately commence activity in the area, a minister said on Tuesday. Deputy minister for minerals, Stanslaus Nyongo, to…
Tanzania says to start cancelling inactive mining licences Read More »
The Minerals Council South Africa – formerly the Chamber of Mines – officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables…
Rebranded Minerals Council reflects the promise of the future Read More »
Queensland’s royalty rates have emerged as the greatest area of concern for Queensland miners in a new survey by the Queensland Resources Council (QRC). The QRC survey found an overwhelming majority of company CEOs believe their projects and the creati…
Qld miners worry about royalty rates Read More »
Zambia will order Glencore to hand local contractors control of two copper shafts that the company’s local unit has earmarked for closure. Glencore’s Mopani Copper Mines announced early on Friday that it will cease operations at the Mindola North Shaft…
Zambia tells Glencore to surrender copper shafts set for closure Read More »
