Hummingbird Resources announced in a new operational update that it has produced 10,737 oz of gold since the start of operations (Dec. 19, 2017) on its Yanfolila mine in Mali. It has also shipped 5,483 oz to refineries.
According to the company, during the first period of operations, the plant processed lower-grade ore to ensure that its performance and gold recovery were satisfactory before it increases the grades.
Between 2019 and 2023, SEMAFO Inc. plans to produce 413,000 oz of gold yearly at Mana and Boungou mines in Burkina Faso. 209,000 oz will be produced at Mana and 204,000 oz at Boungou. With an estimated cost of $696 per ounce, the company expects $1.25 billion cash flow.
SEMAFO explains that its projections are based on the increase of reserves an
The Ivorian government partners with Afriland First Bank to set up a guarantee fund for the poultry industry (FGSA), the Ivorian daily news imatin reports.
The partnership agreement was signed recently by Kobenan Adjoumani (photo), the minister of animal and fisheries resources and Olivier Kengne, the bank’s managing director.
Botswana Diamonds led by James Campbell, has announced that it had raised £500,000 to finance the ongoing exploration activities in South Africa and Botswana. The fund was raised through the issuance of 50 million new common bonds, worth 1p each.
The Post has been operating its French subsidiary, CarPostal France at a huge financial loss, reported Swiss public television, SRF, on Monday. The company is also accused of having used a price dumping policy to unfairly increase its market share in France.
The Federal Office for Transport (FOT) announced Monday that the Domo travel group has been awarded the first ever authorization to provide low-cost bus services on three national routes in Switzerland.
The company plans to begin operating in March on three cross-Switzerland routes: St Gallen-Zurich-Biel-Geneva Airport, Zurich Airport-Basel-Lucerne-Lugano, and Chur-Zurich-Bern-Sion.
Every year, thousands of people become members of Exit, the largest assisted suicide organisation in Switzerland. Last year was no exception, with 10,078 new members signing up. If they fulfil certain criteria, members can use the organisation’s services when they decide the time is right to end their life.
Speaker of the National Assembly, Ms Baleka Mbete,
Chairperson of the National Council of Provinces, Ms Thandi Modise,
Deputy Speaker of the National Assembly and Deputy Chairperson of the NCOP,
Nigeria is the biggest loser of the 50 billion dollars illicit financial flows out of Africa annually, Minister of Finance, Mrs Kemi Adeosun, has said.
Adeosun stated this while speaking on the issue of taxation and revenue leakages at a tax conference organised by the Organisation for Economic Cooperation and Development at the UN Headquarters in New York.
Zimbabwe has announced a new visa regime which sees visitors some 29 more countries applying for visas on entry.
The development is part of ongoing government efforts to improve the country's accessibility in order to boost economic growth.
The removal of South African president Jacob Zuma will be remembered for several reasons. One may be the gap between reality and what reporters, commentators and those who shape the national debate say happened.
President Hage Geingob had heated discussions with some European Union ambassadors at State House last Friday
The temperature at State House rose during discussions on topics such as the New Equitable Economic Empowerment Framework (Neeef), the genocide talks, and Namibia's designation as a tax haven by the EU.
TEL AVIV (Reuters) - Israel has started handing out notices to 20,000 male African migrants giving them two months to leave the country or risk being thrown in jail.
Yamani Tesfaye has been working at the AU for 36 years. And each year, will see presidents come and go for the annual jamboree. As he walked out of the Nelson Mandela plenary hall on January 29, this now-to-retire Ethiopian held his hands up in awe.
Being an Interview on the AU’s Theme of the Year 2018 addressed to Mr. Bégoto Miarom Chairperson of the AU Advisory Board on Corruption, AUABC. Theme: “Winning the Fight against Corruption: A Sustainable Path to Africa’s Transformation.”
If any African leader was in Addis to offer something different, that leader was Senegal’s Macky Sall Whereas, peace, security, aviation, economy and reforms took centre stage at the main Summit, President Macky was busy harping on education.
ETHIOPIA: President Paul Kagame of Rwanda was elected as the Chairperson of the African Union at the 30th Ordinary session of the Union held the Headquarters in Addis Ababa, Ethiopia on 28th January 2018. He is taking over from HE. Alpha Conde, President of the Republic of Guinea who has been chairing the Union for the year 2017.
João Lourenço, Angola’s president has assured the country to review funds allotted for education and health in the 2018 budget.
African delegates are planning to boycott United States President Donald Trump’s closing speech at the World Economic Forum’s flagship annual meeting in Davos on today. This follows leaks that he called many poor countries “shitholes” in a White House meeting on immigration this month.
Rome/Geneva – In view of the co-chairmanship of the Global Migration Group (GMG) this year and to further strengthen their collaboration, the Food and Agriculture Organization (FAO) and the International Organization for Migration (IOM) have signed a new Memorandum of Understanding (MoU).
The Swiss papers interpret Indian Prime Minister Narendra Modi’s WEF opening plenary speech on Tuesday as a message that global institutions must adapt to the needs of emerging countries like India.