Bloomberg News
- May- 2020 -8 MayEnergy
China is virtually alone in backing Africa’s coal projects
For more than two decades, Zimbabwe has been trying to break ground on a giant coal-power complex by the world’s…
Read More » - 7 MayBusiness
Anglo American plans to exit coal business in South Africa
Anglo American Plc plans to exit its South African thermal coal business within the next three years by spinning off the…
Read More » - Apr- 2020 -29 AprBusiness
South Africa maintains legal challenge to oil sale despite slump
South Africa said it will proceed with a court case to invalidate the sale in 2015 of its strategic oil…
Read More » - 29 AprCommodities
World’s deepest gold mines on a ‘Cliff’ as virus curbs output
South Africa’s gold industry output has dwindled to a fifth of its 1970s’ peak as ever-deepening shafts and higher costs…
Read More » - 29 AprProjects
China to help build $3 billion coal plant in Zimbabwe
Zimbabwe’s Rio Energy Ltd., a unit of RioZim Ltd., will build a 2,100 megawatt thermal power plant with China Gezhouba Group…
Read More » - 23 AprBusiness
Tullow takes ‘Major Step’ to reviving fortunes with Uganda deal
Tullow Oil Plc concluded a years-long process to sell its Uganda assets to Total SA, the first step in an asset-sale program…
Read More » - 23 AprMarkets
De Beers slashes diamond production forecasts
Anglo American Plc will mine significantly fewer diamonds this year than it previously planned to, as the biggest supplier of…
Read More » - 22 AprSecurity
Mozambique’s giant ruby mine boosts security after virus empties local jail
Gemfields Group Ltd. strengthened security at its shuttered Mozambican ruby mine, after the government released illegal miners from jail as part…
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