Ghana miners get new finance options from Thyssenkrupp

Ghana miners get new finance options from Thyssenkrupp By David Whitehouse Thyssenkrupp Industrial Solutions plans to allow African miners to lease rather than purchase equipment to help them overcome cashflow problems, Philipp Nellessen, CEO for sub-Saharan Africa, tells The Africa…

Barrick accepts Environmental Court ruling

Barrick accepts Environmental Court ruling Barrick accepts Environmental Court ruling; Pascua-Lama development project to transition to closure Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] has accepted the Antofagasta Environmental Court’s decision to uphold the closure order and sanctions Chile’s environmental regulator imposed…

IMF recognises Tanzania

IMF recognises Tanzania Tanzania’s significant Legal Reforms have been recognised by the International Monetary Fund Tanzania’s GDP has increased significantly as a result of the prominent reforms passed by the government across the Mining, Land and Finance sectors. These reforms…

The Impact of COVID-19 on Sub-Saharan Oil Producers

The Impact of COVID-19 on Sub-Saharan Oil Producers The Impact of COVID-19 on Sub-Saharan Oil Producers: Spotlight on Angola It’s been 4 months since the outbreak of COVID-19 triggered factories and industries to close across China – and Sub-Saharan oil…

Deal-makers and investment banks are searching for optimism

Deal-makers and investment banks are searching for optimism Deal-makers and investment banks are searching for optimism. The state of Mergers & Acquisitions in a pandemic-hit African market. During last November’s Africa Oil Week in Cape Town, leading financial voices were…

Equatorial Guinea offers welcome fiscal relief

Equatorial Guinea offers welcome fiscal relief Equatorial Guinea offers welcome fiscal relief: During economic uncertainty, oil and gas service companies welcome government measures. In what will surely be welcome relief during the current uncertain economic period for the African oil…

Diamonds: Growing consumer awareness and economic volatility, where is the industry heading?

Diamonds: Growing consumer awareness and economic volatility, where is the industry heading? By Our Correspondence The phrase “blood diamonds”, which has now entered common parlance, originated on the African continent well over a decade ago. It refers to unlawful and…

Centerra reports better-than-expected production from its two flagship mines

Centerra reports better-than-expected production from its two flagship mines TSX-listed Centerra Gold reported a strong operating performance from its two mines in 2019, exceeding the company’s consolidated gold production and cost guidance. The Kumtor and Mt Milligan mines, in Kyrgyzstan…

South Africa’s mining industry making strides in health and safety

South Africa’s mining industry making strides in health and safety BY: KIM CLOETE CREAMER MEDIA CORRESPONDENT CAPE TOWN (miningweekly.com) – The South African mining industry is making strides in improving its health and safety performance, but more needs to be…

How SRK Consulting has been there for South Africa’s mining journey

How SRK Consulting has been there for South Africa’s mining journey 12 February 2020 Consultancy.co.za Against the context of SRK Consulting’s success in the South African market in recent years, SRK Consulting executives have indicated that the firm’s wide range…