Zimplats, the Zimbabwean unit of Impala Platinum, has announced a new $1.8 billion (about R28 billion) capital shore-up to develop a new mine, expand existing production and processing capacity at existing ones,...
While the petrol price still went up on Wednesday, it was by 75c per litre, and not 81c as the department of mineral resources and energy (DMRE) incorrectly stated this week. "The...
Dundee Precious Metals (DPM) Tsumeb Vice President and Managing Director ,Zebra Kasete has announced the appointment of Johanna Jacobs as the company’s new Director: Finance, effective 15 November 2021. Hanri takes over...
Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of...
Alpha Namibia Industries Renewable Power Limited (ANIREP) has recorded N$87.1 million in revenues for the six months to August, with N$64 million coming from the construction of NamPower Omburu project. “ANIREP posted...
B2Gold Corp., the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe. The mid-tier gold producer, which has mines in Mali, Namibia and...
A fund backed by Dutch trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the Africa-focused fuel retailer at about $2.3 billion (R37 billion). The transaction will bring...
Load shedding will be a possibility for "some time to come," said President Cyril Ramaphosa. The president on Thursday was responding to questions from members of Parliament. In response to a question...
Trigon Metals Inc. has announced that it will immediately draw down the first tranche of the credit facility of US$2.5 million after satisfying all of the conditions of a credit agreement with...
Rössing Uranium has concluded negotiations for salary increments for the year 2022 and 2023 within a month of negotiating with the Mineworkers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC). The...
