Violent Protests, Again, in Guinea Disrupt Some Bauxite Shipments

Violent Protests, Again, in Guinea Disrupt Some Bauxite Shipments Opposition supporters in Guinea protested and erected barricades in the mining towns of Boke and Kamsar on Tuesday, disrupting some shipments of the aluminium ore bauxite, industry officials said. The unrest sparked by a row over local elections held in February spread from Conakry, paralyzing much of the capital since protests erupted on Monday. In Boke, police responded…

Ghana’s Biggest Mine Union Threatens Strikes Over Gold Fields Plc Jobs Cuts

  Ghana’s Biggest Mine Union Threatens Strikes Over Gold Fields Plc Jobs Cuts  Ghana’s largest mineworkers’ union plans protests and strikes throughout operations in the country if the government allows Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine in the West African nation. Gold Fields…

BREAKING!!! Congo’s New Mining Code Becomes Law as Kabila Shows His Balls to Mining Companies

BREAKING!!! Congo’s New Mining Code Becomes Law as Kabila Shows His Balls to Mining Companies  Reuters reports that Democratic Republic of Congo President Joseph Kabila has just signed into law on Friday a new mining code that raises royalties and taxes on operators, the presidency said in a statement. International mining companies that operate in…

Saudi Arabia’s ARAMCO Joins the Shale Revolution!

Saudi Arabia’s ARAMCO Joins the Shale Revolution! Saudi Aramco, the world’s largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and exploit a deposit that could rival the Eagle Ford formation in Texas. Saudi Arabia’s gas resources from shale and other alternative supplies are…

African Mining Still Wracked by Trust Deficit Between Miners and Host-Govts/Communities

  African Mining Still Wracked by Trust Deficit Between Miners and Host-Govts/Communities The conclusion of the eighth MineAfrica panel discussion at the Prospectors and Developers Association of Canada conference on Sunday was that “endemic mistrust between private sector miners and African jurisdictions belies the spirit and objectives set out in the African Union’s African Mining Vision.” According…

What Do You Know About African Refiners Conference Holding March 12-16?

Major changes and hard decisions facing the downstream oil industry in Africa are high on the agenda of the African Refiners and Distributors Association (ARA), which will hold its thirteenth yearly conference, in Cape Town, from March 12 to 16. Amid oil companies’ divestment of assets and the emergence of international oil traders and foreign companies willing to invest in the infrastructure involved in the…