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What China Wants From Africa? Everything

 · China wants everything from Africa: its strategic location, its oil, its rare earth metals, and its fish, leaving African nations indebted to Beijing. Meanwhile, Chinese boats are reaching to west ...

SAfrica union wants MTN, Bharti blocked: Sources | ICE Economy …

 · South Africa`s labour federation COSATU is trying to halt a planned multi-billion tie-up between MTN and Bharti Airtel but the government wants a deal, sources close to the matter

ENSafrica

 · The company is to float its Singida gold mining asset in Tanzania on the Dar es Salaam Stock Exchange (DSE). The gold miner wants to raise USD20-million to develop the Singida gold mine, with the Initial Public Offering (IPO) expected to take between 6-12 months.

Homepage | GoldSeek

GoldSeek Radio Nugget: Gerald Celente expects gold to ascend above $2,000 and Silver over $50 an ounce. By Chris Waltzek, GoldSeek Radio. Few Americans are participating in the higher standard of living as the middle class suffers in the wake of the pandemic crisis.

Mining in SA

In many ways, South Africa''s political, social and economic landscape has been dominated by mining, given that, for so many years, the sector has been the mainstay of the South African economy. Although gold, diamonds, platinum and coal are the most well-known among the minerals and metals mined, South Africa also hosts chrome, vanadium, titanium and a number of other lesser minerals.

SAfrica''s alliance blames mining companies

 · The African National Congress and its governing partners in South Africa on Friday accused mining companies of stirring up union rivalries at the heart of a violent strike that led ...

Conflict is still Africa''s biggest challenge in 2020

 · The Armed Conflict Location & Event Data Project, which monitors incidents of conflict around the world, found that there had been 21 600 incidents of armed conflict in Africa in 2019 (up to 30 ...

Coal-Reliant South Africa Is Turning to Gas Power

 · South Africa may have to rely on companies such as General Electric Co. and Exxon Mobil Corp. that have expressed interest in developing the new gas projects. "Gas is seen as a bridge to transitioning South Africa away from coal power while allowing the country to maintain its goals of economic generation through industrialization," says Shridaran Pillay, Africa director at risk advisory ...

Germany to Allow Institutional Funds to Hold up to 20% in Crypto …

 · (Bloomberg) -- Germany plans to allow certain institutional funds to invest billions of dollars in crypto assets for the first time. A law taking effect on Monday will let so-called Spezialfonds with fixed investment rules put as much as 20% of their holdings in Bitcoin and ...

Janes | Latest defence and security news

 · Janes | The latest defence and security news from Janes - the trusted source for defence intelligence The armed forces of Bolivia and Peru have deployed fixed- and rotary-wing ...

HK, China, Asia news & opinion from SCMP''s global edition | South China …

Your source for credible news and authoritative insights from Hong Kong, China and the world.

UPDATE 2-SAfrica unions declare dispute with gold firms | Reuters

 · South African trade unions declared a dispute against the country''s major gold companies after the workers rejected a higher wage offer, a spokesman for one of the labour groups

Coronavirus-Ignited Gold Rush Helps South Africa''s Tarnished Mines …

Two companies now account for more than half of South Africa''s gold production— Sibanye-Stillwater Ltd. SBSW -1.13%, which was spun off in 2013 with three aging South African mines held by ...

AngloGold plunges as key African mine may stay closed all year

 · AngloGold Ashanti Ltd. dropped as much as 12 per cent after it cut production forecast and said a key mine in Ghana may not resume output this year after an accident in May. The company lowered its output goal by about 12 per cent after removing planned gold from the Obuasi operation. Mining ...

China Gold Premium Retreats as Bullion Imports Rally, Crypto Falls with Stocks on DogeDay | Gold …

 · With China now the world''s domestic gold mining nation since 2007, a "flurry of Chinese M&A" in the sector took a pause yesterday, reports Reuters, after Chifeng Jilong (SHA: 600988) – now valued at $4bn on the Shanghai stock market – cancelled a $105m purchase of the Bibiani gold mine in Ghana, Africa''s gold-mining nation, following interference in the seller''s lease over the ...

UPDATE 1-SAfrica mine unions snub new gold sector wage offer | …

 · Workers in South Africa''s gold sector rejected the latest offer for a pay raise of between 8 percent and 10 percent and vowed to soon escalate the dispute, the National Union of ...

UPDATE 3-S.Africa''s AMCU union wants gold mining firms to …

 · UPDATE 3-S.Africa''s AMCU union wants gold mining firms to double minimum pay – by Zandi Shabalala (Reuters India – May 13, 2015) May 13, 2015 in Africa Mining, Gold and Silver, International Media Resource Articles, Mining Labour Issues and History – Sudbury and Global

Business: Latest articles | The Africa Report

South Africa: ''Covid crisis is stimulating vaccine independence for Africa'' – Aspen Pharma It has taken a pandemic as severe as Covid-19 to jostle Sub-Saharan Africa into action to bolster its vaccine production capacity and capability, ... argues Stavros Nicolaou of Aspen, Africa''s biggest drug company.

The Impact Of Covid-19 On The Mining Sector

 · South Africa''s mining sector is particularly exposed to the spread of Covid-19. According to the Minerals Council of South Africa, the industry employs a workforce numbering almost 420,000, many of whom are underground on any given day. Some mines have thousands of men and women underground, descending into the depths in crowded "cages".

South Africa''s AMCU union wants gold mining firms to double …

 · South Africa''s AMCU union wants gold mining firms to double minimum pay

UPDATE 3-S.Africa''s AMCU union wants gold mining firms to …

 · * Union talking to platinum firm Lonmin over job cuts (Adds comment from companies) UPDATE 3-S.Africa''s AMCU union wants gold mining firms to double minimum pay | Reuters Discover Thomson Reuters

UPDATE 1-SAfrica union wants 14 pct pay hike from gold miners | …

 · South Africa''s National Union of Mineworkers (NUM) said on Monday it would seek a 14 percent rise in salaries from the country''s gold and coal miners in upcoming wage talks.

Union wants Gold Fields retrenchment moratorium

 · The trade union Solidarity has asked the Competition Commission for a two-year moratorium on retrenchments, should it approve a merger between Harmony and Gold Fields.

Aliko Dangote: Africa''s richest man | Talk to Al Jazeera

The continent''s wealthiest businessman talks about job creation, success and the opportunities Africa provides. - Subscribe to our channel

China''s Investments in Africa: What''s the Real Story?

This is only the latest example of China''s burgeoning economic presence in Africa. Its investment there has skyrocketed in recent years from $7 billion in 2008 to $26 billion in 2013, according ...

Safrica24 | Latest news from South Africa

 · Safrica 24 News covers latest news from South Africa. Get today''s news headlines from Business, Technology, Sports, Movies, videos, photos, live news coverage and exclusive

NewsMine

 · The country''s third biggest mining firm Harmony Gold leapt 5.6 percent to 110.90 rand and peer Gold Fields gained 3.6 percent to reach 98.55 rand. AngloGold, which is in takeover talks with Ghana''s Ashanti Goldfields in a deal that could make it the world''s biggest gold mining firm, zoomed up 5.8 percent to 254.50 rand, drawing strength from a gains in the gold price.

South Africa''s AMCU union wants gold mining firms to double …

 · South Africa''s Association of Mineworkers and Construction Union (AMCU) wants the basic pay for entry level workers in the gold mining industry to be more than doubled, setting ...

Ramaphosa offers South African miners light at end of tunnel | …

Ramaphosa offers South African miners light at end of tunnel. The change at the top of the ruling African National Congress party has given fresh hope to South Africa''s embattled mining industry ...

Problems in the mining industry in South africa

The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so ...

Moody''s proposes update to its methodology for rating closed …

 · Announcement: Moody''s proposes update to its methodology for rating closed-end funds Global Credit Research - 11 Aug 2020 New York, August 11, 2020 -- Moody''s Investors ...

Barrick Gold Corporation

Nevada Gold Mines is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined our significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world. Nevada Gold Mines is operated by Barrick.

Zuma warns mining firms after police killings

 · South African President Jacob Zuma on Wednesday warned mining firms they could lose their licences if they failed to provide decent housing for workers, a week after 44 miners died...

Energy firm wants to bring ''up to 1 million'' bitcoin-mining computers shut down by China …

 · Three natural gas-producing sites in southern Alberta could host "up to one million" bitcoin mining machines relocated from China under a deal proposed by Nevada-based Energy firm wants to bring ''up to 1 million'' bitcoin-mining computers shut down by China to Alberta | CBC News-

Mining Indaba

Mining Indaba is the world''s leading mining investment event. Just like you, we are more excited than ever to get back to Cape Town next February to reconnect with the mining and financial industry in person. You can anticipate the same high-level discussions, senior government participation, investors, major, mid-tier and junior mining ...