Tanzania to add gold to reserves, resume $3 billion iron project

A construction boom in Rwanda has driven up demand for cement as the government builds roads, power plants and a new international airport.

It follows the recent recovery of a 6.12 carat Type II blue stone at the same mine.

The country's No.1 gold producer says the "brief" spill affecting the operation has already been halted and blamed vandals for destroying or stealing sections of the pipe it uses to move waste water.

Retail jewellery sales fell during the last quarter of 2018, while polished prices continued to decline into the beginning of 2019.

Eskom supplies more than 90 percent of the power in Africa's most industrialised economy.

Foreign platinum and diamond miners have been restricted to only 49 percent ownership of their Zimbabwe operations by the black economic empowerment law.

Spending destined for South America drops by $600m, while share of funds raised for exploration projects in Africa doubles.

AccoThe new Liberty project has a measured and indicated resource of 20.5 million tonnes at 2.66 g/t gold.

Zimbabwe holds the world’s second-largest known reserves of platinum-group metals after South Africa, plus substantial deposits of gold, diamonds, lithium, iron ore, coal, chrome and nickel.