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Centerra CEO Weighs 'Divorce' With Kyrgyzstan on Seized Mine

(Bloomberg) Centerra Gold Inc. could part ways with Kyrgyzstan’s government over its seized flagship mine in the Central Asian nation, but the company’s top executive would like to discuss it first. ....

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Tanzania to Add Gold to Reserves, Resume $3 Billion Iron Project

Tanzania to Add Gold to Reserves, Resume $3 Billion Iron Project
Jun 14 2021, 9:30 AM
June 13 2021, 8:14 PM
June 14 2021, 9:30 AM
(Bloomberg)
(Bloomberg)
Tanzania launched a new gold refinery as its central bank plans to start buying the metal to diversify its reserves.
The Mwanza Precious Metal Refinery Ltd. is able to process 480 kilogrammes of gold per day, and plans to double the capacity in a few months, Tanzanian President Samia Suluhu Hassan said in a televised speech on Sunday. The nationâs State Mining Corporation has a 25% stake in the project, while Dubai-based Rozella General Trading LLC and Singaporeâs ACME Consultant Engineers PTE Ltd. own the rest. ....

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South Africa Signs Plan to Support $44 Billion Steel Industry

(Bloomberg)

South Africa has signed a plan to support its steel industry, the Department of Trade, Industry and Competition said.

The so-called Steel and Metal Fabrication Master Plan agreed by the government and stakeholders in the industry that contributes 600 billion rand ($43. ....

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Anup ....

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Canada Will Reject Any Future Thermal Coal Mining Projects

(Bloomberg) The Canadian government will no longer approve thermal-coal mining projects because of their contribution to the climate crisis. ....

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