Archive for category: BizCommunity

<p><img src="https://biz-file.com/c/2508/783861-240x135.jpg?5" width="240" height="135" alt="A miner holds a sack of ore as it comes out from the mine shaft at Rubaya coltan mine, near the town of Rubaya, which is controlled by M23 rebels, in the eastern Democratic Republic of Congo. Image credit: Reuters" align="left"><br><span >A miner holds a sack of ore as it comes out from the mine shaft at Rubaya coltan mine, near the town of Rubaya, which is controlled by M23 rebels, in the eastern Democratic Republic of Congo. Image credit: Reuters&lt;/span><p>Under the watchful eye of M23 rebels in the hills around the Congolese town of Rubaya, a line of men in rubber boots ferry sacks full of crushed rocks up winding paths cut into the slopes.</p><br> <a href="https://www.bizcommunity.com/article/the-hidden-cost-of-your-smartphone-inside-congo-rebel-funded-mines-957684a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=260374">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2508/783398-240x135.jpg?5" width="240" height="135" alt="Image credit: Jingming Pan on Unsplash" align="left"><br><span >Image credit: Jingming Pan on Unsplash&lt;/span><p>Barrick Mining CEO Mark Bristow said on Monday that the gold industry is awaiting clarity from the White House regarding potential US tariffs on gold bars, but added that, regardless of the outcome, the impact on miners would be minimal.</p><br> <a href="https://www.bizcommunity.com/article/will-us-impose-new-gold-tariffs-barrick-ceo-shares-outlook-846523a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=260309">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2508/782587-240x135.jpg?5" width="240" height="135" alt="Image credit: EGA" align="left"><br><span >Image credit: EGA&lt;/span><p>Guinea has revoked the bauxite concession awarded to a subsidiary of Emirates Global Aluminium (EGA) and transferred it to a newly created state-backed firm, citing violations of its mining code.</p><br> <a href="https://www.bizcommunity.com/article/dubai-based-ega-loses-key-bauxite-rights-in-guinea-624601a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=260101">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2508/782250-240x135.jpg?5" width="240" height="135" alt="Image credit: Dangote" align="left"><br><span >Image credit: Dangote&lt;/span><p>Nigeria&#x2019;s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief executive of its refinery and petrochemical division, as it accelerates its pan-African growth strategy.</p><br> <a href="https://www.bizcommunity.com/article/ex-shell-exec-to-lead-dangote-refinery-amid-expansion-drive-391638a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=260013">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2507/781756-240x135.jpg?5" width="240" height="135" alt="Lesotho’s largest diamond mine, Letšeng Diamonds blame a weakening US dollar and uncertainty over US trade tariffs for its latest bid to cut hundreds of jobs as a cost-saving measure. Photo: Sechaba Mokhethi" align="left"><br><span >Lesotho’s largest diamond mine, Letšeng Diamonds blame a weakening US dollar and uncertainty over US trade tariffs for its latest bid to cut hundreds of jobs as a cost-saving measure. Photo: Sechaba Mokhethi&lt;/span><p><b><br><br><br>- Between 250 and 300 permanent and contracted workers at Lesotho&#x2019;s largest diamond mine, Let&#x0161;eng Diamonds, are expected to lose their jobs.</p><p><br>- The company&#x2019;s results suggest that the threat of US tariffs has already affected sales.</p><p><br>- The mine, situated high in the Maluti Mountains, will continue processing at existing levels.</p><p><br>- But waste mining in both the main and satellite pits will be drastically reduced for the next 12 months.</b></p><br><br><br> <a href="https://www.bizcommunity.com/article/hundreds-of-lesotho-diamond-mining-jobs-to-be-axed-following-us-tariff-threats-478609a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=259865">Email</a></p><div style="clear:left"></div>