July 17, 2018 South Africa’s Solidarity union to agree wage deal with Eskom South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
July 17, 2018 South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund
July 16, 2018 S. Africa unions decry fatalities as six die at copper mine South Africa’s mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining.
July 16, 2018 African conglomerate Moti is open to $500m stake sale Moti said he’d be willing to sell as much as 25 percent to the right partner, but ruled out any prospect of an initial public offering.
July 16, 2018 Fura Gems grabs more ruby assets in Mozambique Gemstone producer us is expanding its footprint in Mozambique by acquiring nine ruby assets from ASX-listed Mustang Resources and Regius Resources Group.
July 16, 2018 Randgold’s Tongon mine in Ivory Coast hit by strike Labour action has brought gold production to a halt.
July 16, 2018 Wheaton buys all gold, some palladium from Sibanye US mines Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.
July 15, 2018 Africa’s richest man signs $650 mln Afreximbank loan for oil refinery The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.
July 12, 2018 Glencore shareholders mull suing firm over corruption, bribery probes They claim mounting investigations into the firm’s dealings in the DRC, where it’s heavily invested, has made the stock collapse and investors may seek compensation for the losses caused by…
July 11, 2018 Barrick clips 2018 copper production outlook, sees higher costs Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine…
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