Reuters News

Vedanta tells top English court pollution case should be heard in Zambia

Lawyers for Vedanta Resources told England’s Supreme Court on Tuesday that a case raised against the mining company by nearly…

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Goldman models risk of 1000 bps Eskom blowout for South Africa

Investment bank Goldman Sachs said South Africa’s rand could tumble 3.5 percent if state-run power utility Eskom suffers a major…

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Algeria eyes Exxon deal, trading JV in first half

Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company…

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Tanzania fines Acacia Mining for breaching environmental regulations

Acacia Mining said on Thursday the Tanzanian government has fined the miner 300 million Tanzanian shillings ($129,143.35), two days after…

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Sibanye-Stillwater expects gold output to miss forecast amid wage strike

Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees…

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Congolese mining company leaves ITSCI certification scheme over cost

Congo’s biggest miner of coltan, an ore that is the source of metals used in mobile phones, says it is…

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Zambia Vedanta unit halts operations at underground mine on tax concerns

Zambia’s Konkola Copper Mines (KCM), majority owned by Vedanta Resources, suspended operations at its Nchanga mine following the introduction of…

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Zambia says mines have failed to show impact of higher taxes

Mining companies operating in Zambia have failed to show how higher taxes introduced this year will affect their profitability despite…

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