In Tanzania, the New Mara gold mine which is owned by CATA Mining will start operations between May and June, Minister of Energy and Minerals, Sospeter Muhongo, said.
“The work you are seeing has taken almost one year and we are well prepared to start production,”said Mahuza Mumangi Nyakirang'ani, CATA Mining’s director. $54 million have already been invested in the implementation of the project.
New Mara is located in Kataryo, a village of the Butiama District. It could the region’s second biggest gold mine after North Mara which is exploited by Acacia Mining, Tanzania’s leading gold producer.
More than 200 workers are currently employed at this mine, but this number should increase when operations start.
The head of project has asked government to help supply power to the mine so that money injected in diesel engine is invested in community development projects.
Louis-Nino KANSOUN
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...
Copper prices near $13,000 a tonne on tariff speculation Traders rush shipments to U.S., tightening global inventories Supply...
Central African Republic holds presidential election as Touadéra seeks third term Vote held alongside legislative and local polls, first...
Exports surged 41% to nearly $289 million in 2024, a multi-year high, as the sector now targets the $300 million revenue threshold for...
EGX is consulting on a revised trading schedule, extending the close to 3:00 PM and adjusting the opening to increase overlap with Gulf...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...