Finance
Comprehensive finance information. The latest market data and investing news.
- Jun- 2018 -14 June
ZCDC to invest $400m targeting 10 million carats per year
State diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC), will invest $400 million under its…
- 13 June
Petra Diamonds secures $170 million to help lower debt
Shares in Petra Diamonds (LON:PDL) climbed around 5% on Wednesday after the South African miner said shareholders…
- 12 June
Angola’s top diamond mine loses almost $500m due to underpricing
Angola’s Catoca, the world’s fifth largest diamond mine, estimates it lost $464-million over the past six…
- 12 June
Vedanta Resources to double output at Zambia’s Konkola Copper Mines
Vedanta Resources plans to double finished copper production at Zambia’s Konkola Copper Mines (KCM) to…
- 11 June
Stanbic Zimbabwe ploughs $164m into mining
Stanbic Bank Zimbabwe has availed $164 million over the past 12 months to fund the…
- 9 June
Namdia spent N$11m on consulting fees
State-owned Namib Desert Diamonds spent N$11,23 million in consulting fees, according to its first 2017…
- 7 June
Ghana’s gold production hits 2.8 million ounces
The country’s gold production output declined marginally from 4.24 million ounces in 2016 to 4.22…
- 5 June
Mining tasked to produce some mining inputs locally
The President Nana Addo Dankwa Akufo-Addo has urged mining companies operating in Ghana to leverage…
