Tag Archives: mining

Nairobi, Kenya | AFP |  Mining company Acacia agreed Friday to pay more royalties to Tanzania’s government as it seeks an end to a dispute over alleged underreporting of production and profits. President John Magufuli accused the London-listed company, whose largest shareholder is Canadian Barrick Gold, of “theft” after a …

Mercury: Slow killer in Uganda’s gold mines Kampala, Uganda | RONALD MUSOKE |   Inside one of the dozens of gold camps that dot the foothills and valleys of Mubende in central Uganda, the hustle and bustle is astounding. “Saigon City” nestled in the valley of Kayonza; Kitumbi Sub-County is one such camp. …

Nairobi, Kenya | AFP |  The editor-in-chief of a Tanzanian newspaper suspended last week after linking two former presidents to controversial mining contracts said he has since faced threatening anonymous phone calls. Tanzania’s information ministry on Thursday imposed a two-year suspension on the Mawio weekly, a frequent critic of the …

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 …