Paul G. Allen’s Vulcan Inc. has announced the alarming results of the Great Elephant Census (GEC), the first-ever pan-African survey of savanna elephants. Revealed at the International Union for Conservation of Nature (IUCN) World Conservation Congress recently, the GEC shows a decline of 30% in African savanna elephant populations in 15 of the 18 countries surveyed. “This was an extraordinary collaboration across borders, cultures and jurisdictions. We completed a successful survey of massive scale, and what we learned is deeply disturbing,” said philanthropist and Vulcan founder Paul Allen. “Armed with this knowledge of dramatically declining elephant populations, we share a collective responsibility to take action…
Author: Editor
In a landmark announcement that is set to shake up the comedy industry at home and on the continent, the Savanna Comics’ Choice Awards® and long-term partner Savanna Premium Cider launched the Savanna Pan-African Comic Award at a media event at Montecasino, Johannesburg on September 1. The Savanna Pan-African Comic will officially form part of the Awards in 2017 as its newest and 12th category. The award will go to the comic on the continent who has contributed the most to the African comedy industry, as voted for by his or her fellow African comedians. Savanna and the Awards hosted nine of the continent’s top…
The South African government, international gas developers and finance institutions will return to the South Africa: Gas Options conference this October in Cape Town to address the requirements and opportunities associated with the country’s 3,126MW gas-to-power programme. Following high levels of international interest over the introduction of a standardised procurement process, the meeting will examine the critical steps needed to move from the impending Project Information Memorandum (PIM) towards the Request for Qualification (RFQ), and the associated investment opportunities surrounding development of gas infrastructure. The programme has attracted high levels of interest from the private sector over the past 12 months,…
Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic Outlook Report 2016 (1). Intra-regional trade accounted for 16% of Africa’s total trade in 2014 – mainly stimulated by manufactured goods, accounting for 60% of total regional trade. Agreeing with the report findings which note that the potential of intra-African trade has not yet reached fruition, Hennie Heymans, CEO of DHL Express Sub-Saharan Africa says that, “There are multiple opportunities to increase intra-regional trade, especially in line with the Tripartite…
AIM and ASX listed Tlou Energy said it has successfully completed its latest oversubscribed equity placement that raised funds towards the on-going production testing at Selemo. The placement that raised A$3 million comprises the issue of 31,578,947 new shares (representing 15.4% of existing shares on issue) at an issue price of A$0.095 or £0.055 per share to sophisticated and professional investors in Australia and the United Kingdom. Tlou said the net proceeds of the placement, along with existing cash, will be applied to the on-going production testing at Selemo, achieving an initial independent reserves certification, completing environmental and mining licence…
Barrick Gold Corporation has announced the appointment of Mark Hill as Chief Investment Officer, effective September 12. In this newly-created position, Hill will chair Barrick’s Investment Committee, and will ensure a high degree of consistency and rigor is applied to all capital allocation decisions at the company—whether at existing operations, development projects, exploration (both near-mine and greenfields), or potential acquisitions and divestments. Hill brings added technical experience to the investment review process at Barrick, complementing the economic and financial expertise of Chief Financial Officer Catherine Raw. He will join the company’s Executive Committee, as well as our Growth Group, and…
Firestone Diamonds plc, the AIM-quoted diamond development company, announces that, at the request of Tango Mining Limited, it has agreed to extend the date by when all conditions for the disposal of the company’s Botswana operations to Tango must be satisfied. “This extension is to enable Tango Mining to finalise its funding.” As announced on 9 July 2015, the Company entered into aconditional sale agreement (“CSA”) with Tango Mining for the Disposal, for a total consideration of US$8.0 million and, asannounced on 13 October 2015 and 6 April 2016, certain terms of the CSA were amended by the amendment letters. Pursuant to a further…
The Jazz Festival forming part of this year’s Gaborone International Music and Culture Week (GIMC) brought Stanbic Bank Piazza alive this weekend, as heavyweight artists took to the stage as part of the annual GIMC festivities. Sponsored by Stanbic Bank, the Jazz Festival featured a renowned line up of artists from both local and international scenes, all of whom had attendees in admiration of the raw talent before them. Leading the charge of talented performers was Jonathan Butler, South African singer-songwriter and guitarist known primarily for his R&B jazz-fusion. Sereetsi and The Natives, who continue to earn great acclaim following release of their…
Investing in African Mining Indaba, the world’s largest mining investment event, today announced the appointment of Harry Chapman as Director of Content. In this role he will oversee all content for the Mining Indaba and new mining investment events developed globally. Harry joins Mining Indaba having developed outstanding content for Metal Bulletin, Mines and Money/Aspermont and most recently Informa. He will be located in our London office and will work closely with our other directors on creating world class content for the mining community. “Harry is a veteran content leader with excellent experience in mining and metals. Adding his skills, relationships and…
TSX and BSE listed Lucara Diamond Corp. said it will be installing more of the highly successful XRT technology to process finer size fractions at its Karowe mine in Botswana. The project, through the installation of four new XRT diamond recovery units and the associated conveying and screening infrastructure, will target the recovery of diamonds in the size range between 4mm and 8mm. The XRT technology, which is already in use at the Karowe mine will address processing of the very dense high quality south lobe ore at depth and will result in the most efficient and cost effective processing methodology…