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ExxonMobil introduces wind turbine grease in Cape region
ExxonMobil is introducing Mobil SHC Grease 102 WT, a...
African Utility Week highlights opportunities in continent’s energy market (View Image)
The African Utility Week (www.African-Utility-Week.com), taking place from 16 to...
Barclays Africa Rise hub hosts hackathon to tackle SA’s water crisis
Rise, Barclays Africa’s innovation hub in Cape Town, hosted...
Burger King, Dunkin’ Donuts introduce digital photo booths at restaurants
In a digital age where social media and ‘selfies’...
Africa’s rapid urbanisation tops agenda at RICS Africa Summit
Africa’s cities need to brace themselves for millions more...
Oracle hosts one of Africa’s largest tech event
In a major push to further drive digital transformation...
HP officially launches Z2 mini workstation
HP South Africa announced this week that the Z2...
South Sudan officially joins Afreximbank
South Sudan, Africa’s youngest country, has become the latest...
Cushman & Wakefield Excellerate opens new office in Tanzania
Cushman & Wakefield Excellerate  announced this month that it...
Randgold increases production to new high of 1.25 million ounces
Randgold Resources is strongly positioned to sustain profitable production,...

Mining

Randgold increases production to new high of 1.25 million ounces

Tuesday, March 28th, 2017

Randgold increases production to new high of 1.25 million ounces

Randgold Resources is strongly positioned to sustain profitable production, and continue delivering value to all stakeholders, well into the future, says Mark Bristow, the company’s Chief Executive Officer during the 2016 annual report published today, 28 March 2017. Bristow notes that after a slow start to the year, Randgold increased production to a new high

South32 to return additional $500 million to shareholders

Monday, March 27th, 2017

South32 to return additional $500 million to shareholders

South32 Limited today, 27 March 2017, announced that it intends to return an additional $500 million to shareholders, equating to 4.5% of the Group’s current market capitalization. This capital management program, which complements the Group’s dividend policy,...

Acacia Mining halts bid to acquire Endeavour Mining

Monday, March 27th, 2017

Acacia Mining halts bid to acquire Endeavour Mining

Acacia Mining has halted a £3 billion bid to acquire Endeavour Mining based in Canada. Acacia Mining confirms that it has decided not to progress towards a combination of the two businesses. Brad Gordon, Acacia Chief Executive...

GE Oil-Gas expands global footprint with new sub-Saharan Africa facility

Wednesday, March 22nd, 2017

GE Oil-Gas expands global footprint with new sub-Saharan Africa facility

GE Oil & Gas (www.GEOilandGas.com) opened a new facility in Takoradi Port, Ghana today, 22 March 2017, expanding its global footprint and supporting local investment. The company committed to deliver more than 45 000 training hours for...

South Sudan – Equatorial Guinea collaborate on Oil and Gas industry

Monday, March 20th, 2017

South Sudan – Equatorial Guinea collaborate on Oil and Gas industry

South Sudan and Equatorial Guinea announced a new partnership today, 20 March 2017 in Juba, setting out the terms for a strong bilateral relationship between the African oil and gas producers. The Memorandum of Cooperation was signed...

Jubilee Platinum final proceeds from Middelburg disposal received

Tuesday, March 14th, 2017

Jubilee Platinum final proceeds from Middelburg disposal received

Jubilee Platinum, a mine to metals specialist is pleased to announce that the final purchase consideration relating to the disposal of 100% of the issued shares in Jubilee Smelting and Refining Proprietary Limited and 70% of the...

CoAL of Africa decreases in loss for 6 month period to $12.97 million

Tuesday, March 14th, 2017

CoAL of Africa decreases in loss for 6 month period to $12.97 million

Coal of Africa Limited is pleased to provide its Interim Financial Statements for the six months ending 31 December 2016. The Vele coking and thermal coal colliery recorded no LTIs during the period. The original Vele Colliery...

Exxaro profits surge with rise in coal prices

Friday, March 10th, 2017

Exxaro profits surge with rise in coal prices

South African miner Exxaro announced a rise in annual profits on 9 March 2017, due to a rise in coal prices. The headline earnings per share jumped to 1.302 South African cents last year from 457 cents...

Basil Read expects a slight loss per share for annual results

Thursday, March 9th, 2017

Basil Read expects a slight loss per share for annual results

Basil Read expects a loss per share for the year ended 31 December 2016, of between 44 and 53 cents and a loss per share from continuing operations of between 22 and 26 cents, compared to the...

African mining and energy ministers to attend TXF Africa 2017 in Nairobi

Monday, March 6th, 2017

African mining and energy ministers to attend TXF Africa 2017 in Nairobi

Dan Kazungu Muzee, Cabinet Sectary at the Ministry of Mining in Kenya, has been confirmed as a keynote speaker for TXF Africa 2017, 29 to 30 March 2017, Nairobi, Kenya. Muzee joins Armah Kofi-Buah, Minister of Energy...

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