Reuters News
- Jul- 2020 -6 JulBusiness
Australia’s Prospect Resources picks advisor for sale of Zimbabwe lithium mine
Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible…
Read More » - 3 JulNews
Konkola Copper Mines warns part of Nchanga open-pit mine about to collapse
Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, has closed part of its open-pit mine as…
Read More » - Jun- 2020 -30 JunEconomy
South Africa’s recession deepens in first quarter as mining plummets
South Africa’s recession deepened in the first quarter of 2020, with official data on Tuesday showing that gross domestic product…
Read More » - 25 JunCovid-19
South Africa’s mines record six Covid-19 deaths and 1,796 cases
South Africa’s mining industry has recorded 1,796 cases of Covid-19 with six deaths, the Minerals Council said on Thursday as…
Read More » - 24 JunBusiness
Harmony to start share sale to fund AngloGold deal
Harmony Gold Mining Company, one of South Africa’s biggest gold miners, said it will start its proposed share sale on…
Read More » - 24 JunBusiness
With contracts canceled and debts mounting, offshore oil drillers face another shakeout
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years…
Read More » - 23 JunBusiness
Banro agrees sale of troubled Namoya gold mine in Congo
Canadian miner Banro Corporation has agreed to sell its Namoya Mining gold mine in Democratic Republic of Congo to Shomka…
Read More » - 18 JunInvesting News
Zambia mining revenues drop 30% due to Covid-19
Mining companies in Zambia, Africa’s No.2 copper producer, have suffered a 30% drop in revenue over the three months to…
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