B2Gold Corp.’s Post

KEFI Gold and Copper said it has formally launched the Tulu Kapi Gold Mines project in Ethiopia after a decision by the board of local subsidiary TKGM, which includes representatives from the Ethiopian Federal and Oromia Regional Governments. “This decision to launch Tulu Kapi follows the deployment of dedicated site policing and the conditional confirmations that quickly ensued from all members of the project's finance syndicate.” An updated corporate presentation will be uploaded to the company website, KEFI said, and includes a summary of Early Works, Major Works, Key Milestones, Finance Plan and Key Economic Metrics. Harry Adams, KEFI's executive chairman commented: “Our launch timing is fortuitously coinciding with the improved conditions in Ethiopia and all-time high gold prices. "We can now proceed to safely complete our Early Works on schedule and satisfy all conditions precedent to drawdown full project finance as outlined,... More at #Proactive #ProactiveInvestors http://ow.ly/NOCm105tJ8c

🚢 A Milestone for Tobruk: First Gasoline Shipment Arrives After Years of Inactivity 🚢 Marking an important moment in Tobruk’s operational revival, the MAGNAFICA tanker successfully docked at Tobruk Port, delivering 30,000 metric tons of gasoline, the port’s first shipment since November 2021. This reopening is set to significantly reduce fuel transport costs from Benghazi Port to the Tobruk Power Plant, cut down delivery times, and provide a more reliable fuel supply. The Libya National Oil Corporation’s Board of Directors extends heartfelt gratitude to the Brega Oil Marketing Company’s dedicated team for reactivating this essential quay, along with the support from Tobruk Port authorities in making this milestone a reality. For more details, click the link in the comments below! ⬇️ #LibyaEnergy #TobrukPort #NationalOilCorporation #SupplyChain

The Role of Ok Tedi in PNG's Economic Landscape Strengthening PNG’s Economy with Ok Tedi As a cornerstone of Papua New Guinea’s economy, Ok Tedi Mining Limited (OTML) continues to make a significant impact on national development. Fully owned by the people of PNG, OTML generates over USD $1 billion annually in foreign exchange, supporting the country’s fiscal stability and addressing foreign currency shortages. With ongoing operational excellence, the mine directly contributes approximately PGK 30 billion in dividends, taxes, royalties, and community payments projected through its extended mine life to 2050.  The company’s latest investments in sustainable practices, such as advanced waste management systems and exploration projects, aim to maximize resource utilization while prioritizing environmental and social responsibility. OTML has tripled its valuation in the past six years, reflecting its strategic growth and the confidence of stakeholders.  Ok Tedi is not just about mining; it's a symbol of resilience, innovation, and economic empowerment for PNG.  Let’s celebrate this national success story and its vital contributions to our shared prosperity. #OkTedi #PapuaNewGuinea #Sustainability #MiningExcellence #EconomicGrowth

Exciting Developments in Oil Extraction in Sar-e Pol, Afghanistan! With the recent opening of a new oil well in the Qashqari region, oil extraction has surged to over 5,000 barrels per day. This significant milestone is further supported by the transfer of 79 trucks of advanced equipment, with 121 more trucks expected soon to enhance operations in Qashqari and Zamarud Sai. The ongoing efforts are set to boost extraction levels significantly as drilling continues across multiple wells in the region. The increased oil production not only strengthens the local economy but also creates new investment opportunities in the country. As the Amu Darya oil field continues to develop, the favorable security environment positions Sar-e Pol as an attractive location for both domestic and foreign investors. #AfghanEconomy #OilExtraction #EconomicGrowth

Iran’s Jask Port is increasingly becoming a focal point in the country’s oil export strategy, especially as tensions with Israel intensify. The port, located on the Gulf of Oman, is designed to handle up to 1 million barrels per day and offers a crucial alternative to the Strait of Hormuz, through which 90% of Iran’s oil traditionally flows. Recent developments at Jask indicate that 11 of the terminal’s 20 planned crude storage tanks are now complete, providing 5.5 million barrels of storage capacity. Moreover, in other news development, Nabors Industries (NBR) announced the acquisition of Parker Wellbore. Parker provides franchises of tubular rentals, well construction services, and drilling rigs. Meanwhile, real disposable incomes in China rose by 4.1% year-on-year, reflecting solid household earnings growth, while the propensity to consume was at 66.7% for the first nine months. Learn more: https://lnkd.in/dHaJ-EKY VISIT our website for exclusive reports and key insights! www.primaryvision.co #bigdata #oilindustry #US #primaryvision #economy

📢🐘📢Lindi Jumbo 📢🐘📢 📢V-Belts (28 items)📢 📢Conveyor Belting (6 items)📢 Closing Date and Time: 14 June 2024, 12:30 EAT PLEASE NOTE THAT IF YOU ARE INTERESTED IN SUBMITTING A QUOTATION IT IS MANDATORY THAT YOU HAVE UPLOADED YOUR LIST OF COMPANY DOCUMENTS ONTO YOUR PROFILE. THE LIST OF DOCUMENTS CAN BE VIEWED HERE, https://lnkd.in/dhR3eFkJ AT THE BOTTOM OF THE LIST YOU CAN VIEW INSTRUCTIONS HOW TO UPLOAD THEM. QUOTATIONS MUST BE SUBMITTED THROUGH THE PORTAL. For our esteemed international suppliers, we strongly advise considering the establishment of joint venture (JV) or dealership arrangements in Tanzania to ensure compliance with local content regulations and facilitate smoother procurement processes. This strategic approach will not only align with regulatory requirements but also enhance collaboration and long-term business prospects in the region. If you require any assistance on the portal, please send an email through our Contact Us page, https://lnkd.in/e-SQTcy Regards Webportunities #eprocurement #lindijumbo #walkaboutresources #taranawa #namibia #tanzania #graphite #mining #africa #procurement #digitalprocurement #tenders #requestforquotation WALKABOUT RESOURCES LTD (ASX:WKT)

Red Rock Resources Start Activities on #gold Potential in Burkina Faso StockBox spoke to Andrew Bell, CEO Red Rock Resources, about D.R. Congo arbitration progress, Burkina Faso operations, and persistence in resource projects. Listen below ⬇️ https://buff.ly/3Ct1YVt ➡️ Meetings with ministers, the president, and arbitration representatives signal potential breakthroughs in a long-standing dispute. Agreements are drafted and progress is anticipated. ➡️ In Burkina Faso equipment has arrived, and on-ground operations are advancing. Efforts focus on navigating new mining regulations and resolving customs issues efficiently. ➡️ Andrew highlighted the importance of persistence in building trust and overcoming delays in complex international projects. #StockBox #RRR #DRC

When I was the operations manager for one of the very first cross border transporters, specialising in moving mining equipment from South Africa to the Democratic Republic of Congo (DRC) through Zimbabwe and Zambia, I became very fond of exploring more SADC markets to find out what we all have in common and what is it that South Africa has that others do not. That is how Southern Pacific Group. was slowly born as I realised there is more production on the SA side that other SADC countries lacked despite vast untapped mineral deposits which require more efficient equipment and machinery to extract and process. I had to learn the ins and outs of cross border trading and how everything could be improved for a smooth trade after I realised most medium sized manufacturing companies in South Africa had no clue on how to attack the other side of the market without compromising product quality and overpricing to take care of extra costs that are incurred during shipping and insurances; this is an area Southern Pacific Group. has mastered over the past one and a half years and building a network of representatives and partners in every country we serve. Today, we stand proud with the foundation our teams have laid in very difficult to operate economies. With a direct problem solving approach being a cornerstone strategy of our organisation, we keep innovating and improving the supply chain to deliver the required tools and resources to the organisations that need them for maximum productivity. #miningequipment #safetyequipment #safetygear #constructionequipment #sadctrading

Impressive development for the oil and gas sector in Uganda

Everything on standard