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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

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, will initially take the form of an on-market share buy-back in Australia. “The combination of our operating leverage,

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...

Equatorial Guinea launches 2016 Oil and Gas Conference

Monday, June 6th, 2016

Equatorial Guinea launches 2016 Oil and Gas Conference

Equatorial Guinea’s Ministry of Mines, Industry and Energy (MMIE) (www.MMIE.gob.gq) today, 6 June 2016,  launched the country’s latest oil and gas blocks licensing round, EG Ronda 2016 (www.EGronda2016.com), at the Africa Oil and Power conference. Companies are...

De Beers Group appoints new CEO

Friday, May 27th, 2016

De Beers Group appoints new CEO

De Beers Group announces the appointment of Bruce Cleaver as CEO, following Philippe Mellier’s decision to step down after five years with the company. The appointment will take effect on 1 July 2016. Bruce Cleaver served as...

Eastern Cape Development Corporation unveils ZAR200 million quarry

Thursday, May 26th, 2016

Eastern Cape Development Corporation unveils ZAR200 million quarry

The Eastern Cape Development Corporation (ECDC) last week unveiled its latest investment, a ZAR200 million quarry aggregate mine in the Eastern Cape. The development financier has spent some ZAR736 000 prepping up for operations at the quarry...

Africa 2016 – our time is now

Thursday, May 19th, 2016

Africa 2016 – our time is now

The world is getting more excited about Africa. Dozens of countries are making meaningful investments in the continent, in everything from infrastructure and telecommunications to mining and manufacturing. We only have to look at the sheer size...

DMWA Resources targets oil traders across West and Central Africa

Monday, May 9th, 2016

DMWA Resources targets oil traders across West and Central Africa

The firm combines a vast network of industry contacts with extensive African oil and gas industry experience to offer an unparalleled service to NOCs and multinational companies operating on the continent. An oil and gas advisory, E&P...

DRC Mining Industry Awards in Lubumbashi to honour Executives

Friday, May 6th, 2016

DRC Mining Industry Awards in Lubumbashi to honour Executives

The mining industry in the DRC will once again honour its top industry leaders and projects at the DRC Mining Industry Awards that will take place at the high-level gala dinner on 8 June 2016, during DRC...

Kumba Iron Ore total production decreases to 8.9 Mt

Thursday, April 21st, 2016

Kumba Iron Ore total production decreases to 8.9 Mt

Kumba Iron Ore Limited today, 21 April 2016, released its production and sales report for the quarter ended 31 March 2016. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company...

Randgold Resources Kibali gold mine exceeds 7% target

Thursday, April 21st, 2016

Randgold Resources Kibali gold mine exceeds 7% target

The Randgold Resources Kibali gold mine in the DRC was the star performer in its portfolio of operations in 2015. The mine exceeded its target by 7% to contribute 642 720 oz to Randgold Resources record production...

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