insert_link 2 Business / Economics Trustco’s Meya Mining Investment confirms $763 million diamond resource Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […] todayJune 5, 2024 43 2
insert_link Local TRUSTCO shares surge 49% following positive trading update Trustco continues to demonstrate its ability to generate above-average investment returns. During the interim review period, Trustco's Net Asset Value (NAV) increased by 9.5% from NAD 1.15 billion (USD 62 million) to NAD 1.26 billion (USD 68 million) during the last six months. The NAV per share similarly grew to 128.2 cents, from 117.1 cents. The Group's profit for the 6 months ended 29 February 2024 […] todayMay 31, 2024 7
insert_link Africa Ghana’s forests are being wiped out: what’s behind this and why attempts to stop it aren’t working By John Tennyson Afele, Kwame Nkrumah University of Science and Technology (KNUST) Ghana has around 7.9 million hectares of forested land (35% of the total land area), according to the Food and Agriculture Organization. Around 7.6 million hectares are primary or naturally regenerated forest, and around 297,000 hectares are planted forest. In 2022, Ghana lost 18,000 hectares of primary forest, a nearly 70% increase from […] todayMay 15, 2024 16
insert_link Namibia Kunene Region Leaders Discuss Land Reform, Mining, and Socio-Economic Development Shaun Gariseb, JP Van Der Westhuizen, and Ricardo Hawixab convened an important discussion on the interplay between land reform, mining, and socio-economic development in the Kunene region. The conversation centered on devising strategies to enhance the effective participation and empowerment of the local population in these crucial sectors. Gariseb raised this concern towards the Mines and Energy ministry. todayMay 6, 2024 57
insert_link Business / Economics Uranium One completes 50% of exploration drilling in Leonardville Uranium One, a Russian state-owned company that specialises in uranium exploration, mining, and processing has started exploration drilling in Leonardville. Aldo Hengari, the Director of Operations at Uranium One says 50 percent of the work is done. According to the World Nuclear Association, Namibia has some of the largest uranium-producing mines in the world. These include Uranium One, Husab, and Rössing. In 2022 Kazakhstan produced the largest share of uranium […] todayApril 17, 2024 30
insert_link Africa Locals slam Zimbabwe for turning a blind eye to Chinese miner’s violations By Tatenda Chitadu At the end of November last year, Zimbabwean President Emmerson Mnangagwa and Sinomine Resource Group chair Wang Pingwei walked into a lithium processing plant, construction hats firmly on. With a crowd of policymakers, company workers and press looking on, they hailed the mining group’s $300 million investment into processing plants. The facilities will process the ore that the company unearths at its Bikita mine and […] todayApril 2, 2024 10
insert_link Africa Oromia makes up a third of Ethiopia’s landmass and is key to its fortunes: expert unpacks its significance By Bizuneh Yimenu, University of Birmingham Ethiopia’s largest and most populous region, Oromia, has been in the news following reports of a rise in kidnappings for ransom. The region is no stranger to war and strife. Its people have long fought against political marginalisation. But the region is more than just the site of conflict. We asked Bizuneh Yimenu, who’s researched the region for over a decade […] todayFebruary 19, 2024 20
insert_link South Africa SA President Ramaphosa Emphasizes Just Energy Transition for a Sustainable Economy at Mining Indaba SA's President Cyril Ramaphosa asserts the government's commitment to a low-carbon, climate-resilient economy through the Just Energy Transition Investment Plan. Speaking at the 30th Investing in African Mining Indaba, he highlights the crucial role of the mining sector in this transformative journey. The plan aims to cultivate new industries, support green economy livelihoods, and encourage collaboration between the government and social partners. President Ramaphosa urges the mining industry to actively […] todayFebruary 6, 2024 11
insert_link Business / Economics Mines and Energy Minister denies oil license corruption allegations Minister of Mines and Energy, Tom Alweendo has denied corruption allegations related to oil and gas licensing off Namibia's coast. The accusations were raised in a letter from Louis Beauvais, representing TotalEnergies shareholders, and addressed to company CEO Patrick Pouyanne. Economist Gabriel Erastus comments on the allegations. todayFebruary 1, 2024 79
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
