Bloomberg News

$11 billion Green-Energy initiative takes shape in South Africa

A plan to establish the world’s largest green-energy financing initiative is being threshed out in South Africa, which needs to…

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South African mining output rises for first time in nine months

South African mining output increased for the first time in nine months in July as coal and iron ore production…

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Total suspends planned $3.5 billion Uganda-Tanzania oil pipe

Total SA has suspended its planned $3.5 billion crude export pipeline from Uganda to Tanzania after the collapse of a deal to buy…

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Africa’s biggest fund manager sees gold boom in West Africa

Africa’s largest money manager sees “significant investment opportunities” in West African gold mining as the industry at the southern end…

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Gold Fields returns to profit and plans Ghana investment

Gold Fields Ltd. returned to a profit of $70.5 million in the six months through June, after a loss in the…

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South Africa’s AMCU union disappointed by Lonmin wage offer

South Africa’s Association of Mineworkers and Construction Union is making “slow, steady” progress on wage talks, but the offer from…

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Platinum giant wants in on batteries to ease electric car threat

The world’s top platinum and palladium supplier has an answer to the electric-car boom that may pose a long-term threat…

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Zambia court blocks Vedanta bid to stop liquidation

A Zambian court Wednesday dismissed an application by Vedanta Ltd. to stay the liquidation of its Konkola Copper Mines unit and…

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