Zimbabwe’s RioZim buys Namibian diamond mine to expand in Africa
Bloomberg RioZim has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa. “The group has been trying to broaden its...
How a ban on Russia’s mining giants could shake the metals world
Bloomberg Apossible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry, cutting some of the world’s...
S.Africa’s Kumba Iron Ore says Transnet strike will hit exports
Reuters South Africa's Kumba Iron Ore's production and exports will be hampered by a strike at state-owned logistics company Transnet, the miner said on Monday....
Nigeria losing $150mln due to oil vandals every two days: NNPC
Zawya State-owned Nigerian National Petroleum Company (NNPC) loses almost $150 million due to vandalism every two days, said the company’s Chief Financial Officer Umar Ajiya....
South Africa’s Transnet bottlenecks cost $28bln loss for mining industry
Zawya The decline of South Africa's Transnet's capacity in rail and ports has cost the mining industry an estimated 50 billion rands ($2.78 billion) in...
South Africa’s Zuma set free after prison term ends
Reuters Former South African president Jacob Zuma has been set free following the expiry of his prison sentence for contempt of court, the government department...
Banning Russian aluminium would create uncertainty about LME’s role – Rusal
Reuters Banning Rusal's metal will fuel volatility in the London Metal Exchange's aluminium contracts and create uncertainty about the exchange's role in the metals industry, the...
Climate systems ‘breakdown’ looms as coal investments soar
Bloomberg The coal industry has backtracked on pledges to phase out existing plants and halt new investments, putting the planet on a trajectory that could...
More than 50 killed in northern Ethiopia air strike, say aid workers and Tigray forces
Reuters More than 50 people were killed in an air strike on Tuesday that hit a school in northern Ethiopia's Tigray region that was sheltering...
African countries to push for more fossil fuel projects at COP27
Reuters African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as...