Bloomberg News

Ghana to raise $750 million through London IPO of minerals fund

Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will…

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Zimbabwe raises gold miners’ Forex allowances after output halt

Zimbabwe’s central bank increased the amount of foreign exchange that gold companies can retain after a shortage forced some mines…

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De Beers is offering big discounts on low-quality diamonds

De Beers made steep cuts in the prices of low-quality stones at its sale this week, according to people familiar…

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South Africa defends use of coal as it seeks progress on climate

South Africa’s deputy energy minister expects the latest round of climate talks will make global markets cleaner starting next year…

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Gold Fields cuts output forecast as South African mine struggles

Gold Fields Ltd. has lowered 2018 output forecasts after workers at its South African mine embarked on a go-slow and a…

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Anglo finds returns outweigh risks as miner renews Africa focus

Anglo American Plc is going where larger rivals fear to tread, returning to its African roots to tap mineral assets with…

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Africa enjoys oil boom as drilling spreads across the continent

Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to…

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Zimbabwe targets $12 billion from mineral exports in five years

Zimbabwe expects to earn $12 billion a year from mineral exports by 2023, Mines Minister Winston Chitando said. Mineral production…

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