Tag Archives: mining

Tanzanian newspaper suspended for pointing finger at Mkapa, Kikwete Nairobi, Kenya | AFP |  Tanzanian weekly, Mawio, has been ordered to suspend publication for two years after pointing the finger at two former presidents in connection with huge revenue losses, the country’s interior ministry said Friday. The weekly, regularly critical of …

  Dar es Salaam, Tanzania | AFP |  Tanzania has agreed to negotiations with Canadian mining giant Barrick Gold which it accuses of operating illegally and evading taxes, a government statement said Wednesday. Barrick is the majority shareholder in London-listed Acacia Mining which a presidential commission report said this week …

Nairobi, Kenya | AFP |  Fraud in the mining sector since 1998 has cost Tanzania 75 billion euros ($84 billion), an investigating commission said Monday, blaming foreign companies failing to declare revenues. The conclusions of the study, conducted by Tanzanian economists and legal experts and seen by AFP, were approved …

Tanzania minister sacked: Wednesday’s report found that companies exporting raw mineral sands understated the nature and quantity of precious metals in their containers and so avoided paying taxes Dar es Salaam, Tanzania | AFP |  President John Magufuli fired Tanzania’s mines minister on Wednesday after a government report found minerals exports …

Freetown, Sierra Leone | AFP | A pastor working in the mines of eastern Sierra Leone has unearthed a 706-carat diamond, the government said Thursday, as experts said the stone could rank as the 10th largest ever found. The huge diamond was discovered by Emmanuel Momoh, one of thousands of …

Kampala, Uganda | AFP |  The inauguration of Uganda’s first gold refinery sparked concern Wednesday over the possibility of dirty minerals from regional conflict zones making their way into the country. Transparency International’s Peter Wandera told AFP the country’s failure to regulate the mineral sector meant there were “high chances” …

Bangalore, India | AFP | A controversial Indian mining tycoon has taken over a royal palace and flown in Brazilian dancers at a reported cost of $75 million to celebrate his daughter’s wedding on Wednesday, as the country reels from a cash crisis. Up to 50,000 people are expected at …

Artisanal miners make a killing from ‘illegal’ gold mining as district authorities, government cry out for more revenue From a distance, “Saigon City” in Lubaali— Kayonza, Kitumbi Sub-County in Mubende District, resembles a desperately crowded refugee camp. Here, hundreds of congested makeshift tents and lodging structures are mostly dressed or …

Locked up mineral wealth, fortunes: President Museveni, mineral experts, policy makers exchange ideas on way forward for Uganda’s dormant mineral industry prospects Early this month, Uganda hosted the fifth Mineral Wealth Conference, which was organized by the Uganda Chamber of Mines and Petroleum (UCMP) under the theme, “Attracting Exploration Investment …

Parliament’s Natural Resources Committee has suspended sand mining on a two acre site along Masaka road in Lweera-Kalungu district. The expansive Lweera wetland on Kampala-Masaka Highway, which stretches about 20 kilometers, is a major water catchment area that connects several rivers and wetlands in Gomba, Mpigi and Kalungu districts and drains directly into …