Africa Top Stories

Record bullion prices give South African gold miners a lifeline

The country's gold miners have traded at a discount to…

Teranga’s Wahgnion exceeds planned production by 25%

The company has also raised Wahgnion’s 2020 output guidance to…

Latest Stories

EU delays Glencore-Xstrata merger verdict

The European Commission said Wednesday it is delaying the deadline to emit a verdict on Glencore International PLC's $70 billion merger proposal with Xstrata (LON:XTA) after Glencore (LON:GLENA) made concessions to reduce EU concerns about too much potential concentration of interests in northern Europe.

Anglo American Platinum offers bonus to bring back miners

South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship allowance” if they return to work by Tuesday morning.