African Business Magazine’s Post

Hot air or hot policy? #Nigeria to grant mining licences exclusively to companies that beneficiate locally. It's safe to assume there will be more details to unpack at Nigeria Mining Week https://lnkd.in/dpGiT7Zd

I took a deep dive into the proposed Minerals Regulation Commission Bill in comparison to the current Mines and Minerals Development Act, 2015, and extracted the key changes that have been proposed and their potential implications if enacted in their current form. Have a read. #passionateaboutmininglaw #Chibesakunda&Co.

Tanzania is experiencing its own "gold rush" through the mining industry. The market experienced increased coal exports from 82 million to 227 million between August 2022 & August 2023. Tesla entered a contract to purchase anode active material from Tanzanian mines. This article goes over this. For an opportunity to capitalize on this gold rush, visit our page. #CoalMarket #Coal #Mining #TanzanianMining #EastAfrica #MiningMarket #Investment #Investors https://lnkd.in/gPdX4-Xr

Exciting developments in Tanzania's mining sector! This policy shift reflects a pivotal moment in leveraging mineral resources for national growth and prosperity. The focus on maximizing benefits holds promise for sustainable development and economic empowerment. Read more about the new direction here https://lnkd.in/dqyn8Nxm. #Tanzania #mining #economy #policychange #resourceoptimization #communitydevelopment"

Simplifying Tanzania's Mining Act Changes: Exploring What's Ahead. 👉 Tanzania’s Mining Act, which governs the exploration, extraction, and processing of minerals, is crucial in shaping the industry’s landscape. 👉 Since gaining independence, Tanzania’s approach to mining legislation has evolved significantly. 👉 The Mining Act in place today in Tanzania was designed to create a conducive environment for mining investments while safeguarding the nation’s interests and promoting sustainable development. Learn more 👉 https://cutt.ly/RwNB35Qj #tanzania #mining #minerals #investment

Rebooting Nigeria’s dormant mining industry From industrial metals to precious stones, columbite to tantalite and limestone to zinc, Nigeria is replete with untapped mining resources. Dele Alake, the country’s minister of solid minerals development, stated on 29 April that it is endowed with minerals valued at a conservative $750bn. #nigeriamining https://lnkd.in/d3mCDkas

Resolving Montero’s dispute with #Tanzania isn’t just about one company—it’s about restoring trust and attracting future investments in the country’s mining sector. Read our blog below to learn more about the challenges facing miners who want to seize development opportunities in the country. #africanmining #mininginvestment #miningpolicy #WiguHill The Ministry of Minerals - Tanzania Tanzania Chamber of Mines (TCM) Mines and Money Investing in African Mining Indaba Semkae Kilonzo Africa Down Under East and Central Africa Mining Forum MINING.com https://lnkd.in/eNnzZD5E

The growing diversity of capital sources in the mining sector via Gulf states should be welcomed. Not only do the Gulf states have considerable experience in the extractives industry, their proximity to certain emerging markets bodes well for project owners who struggle to attract Western investment.

SIFC’s strategic efforts accelerate Pakistan’s mining and minerals sector forward

As Business Maverick Editor Tim Cohen wrote: “The big takeaway from the African Mining Indaba is incredibly obvious and simple: Africa is increasingly eating SA’s lunch”. He said for decades, mining companies had preferred to mine in South Africa — and possibly Botswana — rather than other African countries. But that was changing. It’s not easy to quantify the decline, though the Fraser Institute ranked South Africa only 57th among 62 global mining jurisdictions in its 2022 mining Investment Attractiveness Index. Botswana ranked 10th, Côte d’Ivoire 30th, Ghana 33rd, Namibia 38th and Tanzania 53rd. Angola and Zambia ranked lower than South Africa — but it’s clear that all three, and others, are moving ahead, while South Africa is seemingly stagnating.