Reuters News
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Nov- 2019 -11 NovemberManufacturing
ArcelorMittal South Africa to close Saldanha operation
ArcelorMittal’s South Africa unit said on Monday it would close its steel operations at Saldanha Works in the south of…
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11 NovemberProjects
In Kimberley, the world’s diamond capital, illicit mining fight flounders
The first South African project to bring illegal miners into the formal fold has been plagued by violence in diamond…
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7 NovemberProjects
Saipem wins $100 million Equatorial Guinea pipeline contract
Italy’s Saipem has been awarded a contract in Equatorial Guinea worth $90-$100 million to build a 70 km subsea pipeline…
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6 NovemberCommodities
Barrick Gold beats forecasts, raises dividend
Barrick Gold Corp on Wednesday reported higher third-quarter profits that beat analysts’ estimates and raised its dividend while reiterating a five-year…
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5 NovemberExploration & Development
Total to drill another offshore well in South Africa early 2020
French oil and gas major Total said it will drill another exploration well in the 11B/12B block offshore South Africa…
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Oct- 2019 -30 OctoberCommodities
Gold rush? Not for us say Tanzania’s small-scale miners
A new network of government-controlled trading centres was meant to ensure Tanzania’s small-scale miners got a bigger share of the…
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24 OctoberEnergy
Zimbabwe to cut power to mines, others over $77 million in unpaid bills
Zimbabwe’s state-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other…
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21 OctoberInvesting News
Barrick Gold reaches deal with Tanzania over Acacia Mining
Barrick Gold Corp said it had reached a deal to settle a long-running tax dispute between Tanzania and mining group…
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