Mining

(Image source: Cityam.com) By: Nicholas Earl A trio of oil and gas operators have been hit with a massive six-figure fine, as the UK’s North Sea watchdog aims to enforce net zero and reach Government-backed security of supply requirements. The North Sea Transition Authority (NSTA) has fined EnQuest, Equinor and Spirit Agency a total of...

(Image source: splash247.com) By: Katherine Si Through the first cycle of its permanent production sharing offer (OPP), held on December 16 by Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP), four blocks of 11 on offer were auctioned, generating R$916.3m in signature bonuses. Auction winners were those companies that offered the Government of...

A titanium mining field in Kwale County, Kenya. Kenya’s mining portfolio may lie dormant from next month as firms wait to renew licences. PHOTO | FILE | NMG By: Anthony Kitimo Kenya’s mining portfolio may lie dormant from next month as firms wait to renew licences, seven years after former Mining Cabinet Secretary Najib Balala...

The Cobre Panama mine. (Image Source: Mining Weekly) By: Reuters Panama probably will move forward this week with an order to cease operations at a giant copper mine unless its Canadian operator agrees to new tax terms, according to a lawyer hired by the government. In an announcement that sent ripples across the mining industry and the copper market, Panama’s cabinet last...

Image of the Muruntau Mine in Uzbekistan, the 2nd largest gold mine in the world. (Image source: Mining.com) By: Mukhammadsharif Mamatkulov and Olzhas Auyezov Uzbekistan has for the first time sent a train loaded with copper to Europe via a new route bypassing Russia, state-owned Uzbekistan Railways said on Monday, as part of the Central...

The country’s new digital cadastre system will promote efficiency, and transparency and will be accessible to investors throughout the world. (Image source: Geospatial World) By: Meenal Dhande The Nigeria Mining Cadastre Office (MCO) has launched a new Online Mining Cadastre System based on GAF’s eMC+ framework. The new system will connect the six newly-established zonal offices in...

President of the Democratic Republic of the Congo Félix Tshisekedi speaks during the Climate Session during the U.S.-Africa Leaders Summit at the Walter E. Washington Convention Center in, D.C. Dec. 13. (Scott Taetsch/U.S. Department of State) By: Kayla Benjamin President Felix Tshisekedi, of the Democratic Republic of Congo (DRC), delivered opening remarks at the U.S.-Africa...

EPRA director general Daniel Kiptoo with Energy CS David Chirchir at Energy and Petroleum Regulatory Authority offices in Upper Hill, Nairobi on Nov 21 /Handout By: Onyango Ochieng’ New Energy CS Davis Chirchir has said Kenya is poised to be the the region’s next petroleum giant following heavy investments. Chirchir said construction of the Sh40...

Mr. Gbana. (Image source: Ghanian Times) By: Kingsley Asare The government must increase its stake in the mining industry and forcefully renegotiate existing and future contracts for the benefit of the country, the Ghana Mine Workers’ Union (GWMU) has said. That, the Union said would help the country to retain greater value of the industry...

Colombia. Stock image. By: Oliver Griffin Colombian government organizations on Monday signed a memorandum of understanding during a joint press conference in capital Bogota to create a national mining company out of assets seized from illegal groups, to tackle mining-related pollution and help small-scale miners. The government of Colombian President Gustavo Petro – the first...