africa news

Old Mutual joBerg2c reaches new frontiers

While some companies have decreased their investment in sports sponsorship, Old Mutual is finding it an effective tool to reach new frontiers.
Old Mutual joBerg2c reaches new frontiers

Gold Fields acquires stake in Philippines project

South African mining giant Gold Fields has acquired a 40 per cent interest in the gold-copper Far Southeast Project in the Philippines, it has been announced.
Gold Fields acquires stake in Philippines project

Continental announces Eskom coal deal

Continental Coal has announced that Ntshovelo Mining Resources, the joint venture entity that operates the Vlakvarkfontein coal mine in South Africa, has executed a coal supply

Continental announces Eskom coal deal

Statoil makes major gas discovery offshore Tanzania

Norway’s Statoil and partner ExxonMobil have made a large gas discovery in the Zafarani exploration well offshore Tanzania. 
Statoil makes major gas discovery offshore Tanzania

Shell offers £992 million for Cove

Shell Exploration & Production (Shell Bidco) has made an offer of £992.4 million for East Africa-focused Cove Energy.
Shell offers £992 million for Cove

Investment approval for African Minerals

African Minerals has received notification from China’s Shandong Iron and Steel Group that the relevant approval has now been received regarding its proposed $1.5 billion invest
Investment approval for African Minerals

SABMiller to construct new Ugandan brewery

SABMiller has announced it will invest US$80 million into a new brewery at its Ugandan subsidiary, Nile Breweries (NBL), doubling the company's design capacity to 3.6 million he
SABMiller to construct new Ugandan brewery

Tullow and Uganda sign new oil deal

Tullow Oil has signed two new production sharing agreements (PSAs) with the government of Uganda, paving the way for completion of its asset sale to France’s Total and China’s C
Tullow and Uganda sign new oil deal

Partnership to take on Evander

Pan African Resources and Wits Gold have joined forces to acquire the Evander Gold Mine from Harmony Gold for R1.7 billion.
Partnership to take on Evander

Black Wattle awarded coal export allocation

London, UK-based Bisichi Mining has announced that its principal South African coal mining subsidiary, Black Wattle Colliery, has been approved an allocation of 87,500 tonnes of
Black Wattle awarded coal export allocation

Exxaro launches African Iron bid

South Africa's Exxaro Resources has confirmed its bid of up to A$338 million for Australia’s African Iron.
Exxaro launches African Iron bid

BHP Billiton signs empowerment deal

BHP Billiton Energy Coal South Africa (BECSA) has entered into an empowerment transaction with a black-owned consortium led by Pembani Group, it announced today.
BHP Billiton signs empowerment deal

Russian steelmaker buys African iron ore project

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia’s second biggest steelmaker.
Russian steelmaker buys African iron ore project

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