Thursday , 16 August 2018

Category: Mining & Engineering

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Anglo American completes sale of SA coal project

Anglo American completes sale of SA coal project

by AKANI CHAUKE JOHANNESBURG – ANGLO American has completed the sale of its New Largo thermal coal project in South Africa for R850 million (approximately US$65 million). It has b ...

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Government tiff with miner jeopardizes Botswana investment status 

Government tiff with miner jeopardizes Botswana investment status 

From ODIRILE  TOTENG in Gaborone, Botswana GABORONE  - BOTSWANA, the diamond-rich Southern African country, risks reputational damage as an investment destination following the bu ...

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US$1 billion bond certificate enhances AMG’s gold status

US$1 billion bond certificate enhances AMG’s gold status

JOHANNESBURG - THE African Medallion Group (AMG) has introduced a US$1 billion gold-backed bond certificate, a global solution that enables people from anywhere in the world to in ...

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AngloGold CEO quits, joins Vedanta Resources

AngloGold CEO quits, joins Vedanta Resources

by AKANI CHAUKE JOHANNESBURG, (CAJ News) - SRINIVASAN Venkatakrishnan has resigned as Chief Executive Officer of AngloGold Ashanti to take a similar role at Vedanta Resources. He ...

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Metallon dismisses externalisation charge in Zimbabwe

Metallon dismisses externalisation charge in Zimbabwe

By AKANI CHAUKE JOHANNESBURG, (CAJ News) - SOUTH Africa’s Metallon Corporation has refuted media reports it externalised US$31 million from its operations in Zimbabwe. The allegat ...

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Kenya coal plant confirmed for coast

Kenya coal plant confirmed for coast

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) - EAST Africa's largest economy - Kenya’s first coal-fired plant is set to bring electricity to an area of high unemployment and puts t ...

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Tech revolution changing face of iron ore mining

Tech revolution changing face of iron ore mining

by AKANI CHAUKE JOHANNESBURG - AN investment of R500 million (US$42,8 million) in technology by Kumba Iron Ore, Africa’s largest producer of the mineral, is paying dividends. The ...

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Political deadlock grounds SA mining sector

Political deadlock grounds SA mining sector

by SAVIOUS KWINIKA JOHANNESBURG  - THE mining industry in South Africa, the continent’s most advanced economy, is bearing the brunt of policy uncertainty and the prevailing politi ...

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ACF injects $220 million to Zimbabwe chrome mining

ACF injects $220 million to Zimbabwe chrome mining

from MTHULISI SIBANDA in Cape Town, South Africa CAPE TOWN, (CAJ News) - AFRICAN Chrome Fields (ACF), a key investor in Zimbabwe’s mining industry, has spent over US$220 million i ...

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Zimbabwe mineral industry ripe for investments

Zimbabwe mineral industry ripe for investments

from MTHULISI SIBANDA in Cape Town, South Africa CAPE TOWN - INTERNATIONAL investors have been encouraged to make the most of Zimbabwe’s endowment with mineral resources and moves ...

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