Africa

Anglo reshuffles top management team, waves iron ore boss good-byeAnglo American’s chief executive Mark Cutifani (Image from archives) Anglo American (LON:AAL) announced Thursday major changes at the senior management level, including the departure of its Brazil-based iron ore chief...

“…The clear intention of The World Bank to collaborate with the NEXIM Bank towards a structured intervention in the Nigeria’s solid minerals sector is quite expedient. More so, with commitment and firm resolve of President Muhammad Buhari to diversify...

Semafo gains into teeth of weak gold priceShares of Semafo Inc (TSE:SMF) defied a fresh slump in the gold price on Thursday, after announcing better than expected third quarter financial results on the back of a strong operational performance...

Seemingly minor regulation has enormous consequences: NCPA A small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the Congo, according to a new report by National Center for Policy Analysis Senior Fellow David...

PGM market comes crashing downOn Friday, platinum and palladium futures gave up more ground as ETF investors liquidate positions in anticipation of further falls in the precious metals complex. In afternoon trade on the Nymex in New York platinum...

Africa-focused Paragon Diamonds (LON:PRG) suspended trading Monday morning ahead of the company issuing a statement that revealed a precarious financial position. The miner, who committed to buy a 75% stake in Lesotho’s Mothae project from Canada’s Lucara Diamond (TSX:LUC)...

CSR-in-Action, Nigeria’s premier business and ethical networking platform and consultancy for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country’s capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock...