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
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
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
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
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
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
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
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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AMG well financed ahead of Zimbabwe expansion
JOHANNESBURG - THE African Medallion Group’s (AMG) has announced that its gold reserves have surpassed the R1 billion (US$83,9 million) mark, making it an attractive buy for gold ...
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Kidnapped South African pair rescued in Nigeria
ABUJA - NIGERIAN police have rescued two South African nationals kidnapped north of the country recently. The two males Thomas Arnold Pearce and Hendrik Gideon Smith were kidnappe ...
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