June 12, 2013

The Euro zone crisis, Africa and the rise of China

More than three years after the debut of the euro zone’s crisis,it is still difficult to map a lasting way out of the economic turmoil that plagues the old continent.

June 12, 2013

‘Complex’ Simandou production date put in doubt

Guinea says the massive iron ore project will miss first production set for 2015.

June 11, 2013

Gem Diamonds sells stone for $9m

The firm sold the rough piece in a profit-sharing agreement.

June 11, 2013

Chevron to sell two Nigerian oil blocks

The company will divest its 40% share of leases 83 and 85 which hold the Madu and Anyala fields.

June 11, 2013

Platinum: ETF demand points to a price increase

Current developments suggest the price may be set to improve significantly in the coming months.

June 11, 2013

Chinese firm said to have killed Ghanaian miners with poisonous gas

The official version is that the three small-scale miners lost their lives after inhaling excess smoke in a pit during a blast to extract the mineral.

June 10, 2013

Shale adds 47% to global gas reserves, 11% to global oil: EIA study

The estimates are "highly uncertain and will remain so until they are extensively tested with production wells."

June 10, 2013

Mantra Resources to start uranium mining at Mkuju River project

Company said it would wait until summer to begin.

June 10, 2013

UPDATE: Court win for Israeli billionaire in fight over $50 billion African mining prize

Beny Steinmetz scores legal victory amid corruption probe into the sale of Guinea's Simandou iron ore licence.

June 10, 2013

Ivanplats gets its ducks in a row for South African project

Company filed both a mining right application and included a BEE (Black Economic Empowerment) partner.