South Africa: Gold Fields’ Strongly Recovering South Deep Mine Earmarked for Advanced Technology

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Number of automation projects are being considered at Gold Fields’ South Deep, the bulk mechanized underground gold mine in Gauteng, south-west of Johannesburg. After reporting 7% higher overall group year-on-year production of 557 000 oz for the three months to September 30, Gold Fields CEO Nick Holland said of South Deep, which has one of the world’s largest gold deposits: “South Deep has had a tremendous recovery in quarter three. We showed very good results.” South Deep’s production was up to 65 000 oz with all-in costs at just over $1 000/oz. “With an operation now that’s looking really competitive in our group,” Holland said. South Deep, which has a mineral reserve of 38-million ounces, the equivalent to close to 100...
Posted On 18 Nov 2020
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Dangote Cement: Being Authorized by the Federal Administration of Nigeria to proceed exports from it’s Land Border Closure

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The national administration of Nigeria has enabled Dangote Cement to restart exports across its land borders, lifting confidences that the nation may be opening up trade with neighbors after a year-long blockade. President Muhammadu Buhari’s administration gave its permission for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months. Michel Puchercos – Chief Executive Officer of Dangote Cement was noted to have let out this during an investor call in Lagos. The export was made possible “through approval given by this administration,” he said. The privilege to Dangote Cement is seen as a softening of the...
Posted On 16 Nov 2020
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Kenya: Emerges as Africa’s Leading top Tourist Destination

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Kenya ranked as Africa’s leading tourist destination in 2020 by the World Travel Awards (WTA). The results were announced virtually during the 27th WTA finals in an event that coincided with the Africa Winners Day. Kenya emerged top for its tantalizing cocktail of epic savannah landscapes, immense herds of wildlife and palm-fringed beaches. Maasai Mara Game Reserve, Samburu National Reserve, Shimba Hills National Reserve, Sweet Waters Game Reserve, and Tsavo National Park were named among the country’s top safari destinations. This comes at a time when the sector is experiencing challenges occasioned by the Covid-19 pandemic. Nairobi was named Africa’s Leading Business Travel Destination while Kenyatta International...
Posted On 15 Nov 2020
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$270 Million Airport Terminal: Inaugurated by President Julius Maada Bio of Sierra Leone

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Sierra Leone’s President – Julius Maada Bio has undertaken the inception of a $270 million work on the new airport terminal venture that will lodge one million passengers per year and provide 2000 direct jobs for Sierra Leoneans in the construction phase. According to records of 1967 when the Lungi International Airport runway was widened, this is the first time in the annals of the West African country that an entirely new international airport terminal will be constructed and as a Build Operate Transfer project under the supervision of the Office of the Presidential Infrastructure Initiative, OPII. Greeting government delegation at the proposed site in Lungi, in the North-Western District town...
Posted On 14 Nov 2020
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