Bloomberg News
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May- 2019 -23 May
Business
Canada miner is in talks to buy Zimbabwe Gold Project
Canada-based B2Gold Corp. is considering buying an idled Zimbabwean gold mine — if it can be exempted from a law that…
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23 May
Business
Biggest Africa investor goes to London for Lonmin decision
South Africa’s Public Investment Corp. faces a tough choice: back Sibanye Gold Ltd.’s takeover of Lonmin Plc, and take a hit…
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23 May
Business
To borrow $500 million, Zimbabwe pledges mine that doesn’t exist
The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that hasn’t been dug yet, people…
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21 May
Business
Zambia plan to seize copper mines stuns investors
Zambia’s Eurobond yields rose to record highs after the government of the cash-strapped copper producer said it’s planning to seize Vedanta…
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20 May
Business
Zambia files notice of plans to seize Vedanta copper assets
Zambia’s government filed notification of plans to take over Vedanta Resources Ltd.’s domestic copper assets, President Edgar Lungu said. The…
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16 May
Exploration & Development
Mozambique expects $95 billion of gas revenue over 25 years
Mozambique’s government expects to reap $95 billion of revenue over 25 years from natural-gas deposits being developed in the country…
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15 May
Business
Army puts backers off multibillion-dollar Zimbabwe platinum mine
A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military…
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14 May
Business
Platinum miners brace for labor clash in early Ramaphosa test
When the world’s biggest platinum miners sit down with labor unions this month to negotiate a three-year wage deal, it…
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