Tanzania: Govt threatens Acacia with closing North Mara over water pollution

Tanzania: Govt threatens Acacia with closing North Mara over water pollution

Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country’s No.1 gold producer said Friday a brief spill affecting the operation has already been halted.

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Botswana: Lower mineral revenues expected in 2019

Botswana: Lower mineral revenues expected in 2019

Diamond rich Botswana expects mineral revenues in the 2019/20 fiscal year to drop by 4 percent to 13.6 billion pula ($1.26 billion) due to a decline in royalties and dividends, a minerals ministry budget document showed on Thursday.

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Mining & Innovation: ABB launches digital portfolio to create the world’s most efficient mines

Mining & Innovation: ABB launches digital portfolio to create the world’s most efficient mines

With digitalization at its heart, ABB Ability MineOptimize connects all electrification, automation and digital offerings to optimize all stages in the lifecycle – from design and build to operation and service – of any open pit or underground mine and minerals processing plant.

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Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Investors were skeptical on Sunday about the surprise decision by Brazil’s Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world’s largest iron ore miner’s facilities.

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Mining vs Safety: Vale’s CEO, other execs, to step down after Brazil dam burst

Mining vs Safety: Vale’s CEO, other execs, to step down after Brazil dam burst

Brazilian iron ore miner Vale SA Chief Executive Fabio Schvartsman and several other senior executives resigned on Saturday in what the company described as a temporary move, after one of its mining dams burst in January, killing hundreds.

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Africa: Botswana’s president denies report of $600 million diamond-backed loan to Zimbabwe

Africa: Botswana’s president denies report of $600 million diamond-backed loan to Zimbabwe

GABORONE – Botswana’s president on Friday dismissed a report that the country had offered Zimbabwe a $600 million diamond-backed loan and said his government had only offered to guarantee a $100 million private credit line for Botswana companies to invest in their troubled neighbour.

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