Renovation of giant Kariba dam boost for SADC energy
from PANDULENI KATJIUKUA / TIRIVANGANI MASAVI in Windhoek, Namibia WINDHOEK - AFRICA'S largest man-made inland lake, Kariba dam situation along the mighty Zambezi river between Z ...
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Glencore appoints Gilbert as director
By GIFT NDOLWANE JOHANNESBURG, (CAJ News) -GLOBAL diversified natural resource company, Glencore, has appointed Martin Gilbert as an independent non-executive director. The appoin ...
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De Beers returns $5 billion to partners
by GIFT NDOLWANE JOHANNESBURG - THE De Beers Group has announced returns of US$5 billion to governments, communities, supply chain partners and joint venture partners in 2016. Thi ...
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Anglo American to sell Eskom thermal unit
By GIFT NDOLWANE JOHANNESBURG, (CAJ News) - ANGLO American has announced the sale of its Eskom-tied domestic thermal coal operations in South Africa to a wholly owned subsidiary o ...
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DRC Mining Week expands to connected sectors
From JEAN KASSONGO in Kinshasa, DRC KINSHASA – THE award-winning Democratic Republic of Congo (DRC) Mining Week returns to Lubumbashi in June with a broadened focus to include th ...
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Glencore sales off stakes in African markets
By TINTSWALO BALOYI JOHANNESBURG - GLENCORE, the Anglo–Swiss multinational commodity trading and mining company, has shed off major stakes in its operations in Namibia and Burkina ...
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De Beers unfazed by diamond sales decline
By GIFT NDOLWANE JOHANNESBURG - THE De Beers Group of Companies is undeterred by a drop in diamond revenues during the second sale of the year. Sales during the period were US$545 ...
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GoldFields shares surge after industry recovery
By GIFT NDOLWANE JOHANNESBURG - GOLD Fields Limited advised shareholders earnings per share (EPS) for the twelve months ended December 31 2016 (FY 2016) are expected to be between ...
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Petra revenues, diamond output up
By GIFT NDOLWANE JOHANNESBURG - PETRA Diamonds has recorded a revenue increase of 48 percent to US$228,5 million for the six months ended December 31 thanks to increased sales vol ...
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De Beers propose partnerships to defy recession
By GIFT NDOLWANE JOHANNESBURG - DE Beers Group Chief Executive Officer, Bruce Cleaver, has called on the diamond sector to work together to overcome the volatility experienced in ...
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