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After 2017 consolidation, mining to pre-empt future metals demand – EY

20th February 2018 With stronger balance sheets across the mining and metals sector, miners are increasingly returning to an investment-led strategy, which is driving a renewed focus on building portfolios that deliver sustainable shareholder returns, says multinational consultancy Ernst & Young (EY). The focus... 

Steel tycoon considers bid for Rio Tinto's Dunkirk aluminum smelter - sources

14th December 2017 Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters. The Dunkirk plant, which the... 

Rainbow ships first rare earths from Burundi mine

5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 

Electra Mining Botswana to showcase latest products and technologies

6th September 2017 Botswana’s largest mining, industrial and power generation exhibition will be showcasing the latest products and technologies, equipment and machinery, and cutting-edge systems and services when it opens its doors in September. Taking place at the Gabarone Fairgrounds from 12-14 September,... 
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Tanzania internet users hit 23m; 82% go online via phones – regulator

The number of internet users in Tanzania rose by 16% at the end of 2017 to 23-million, with the majority of those using their handsets to go online, the telecom industry regulator said on Friday.    Mobile phone use has surged in Tanzania and other African countries over the past decade, helped... 

Fitch says South Africa's budget partly reverses fiscal deterioration

South Africa's budget reverses some of last year's fiscal deterioration but poor finances of state-owned companies remain a major risk to fiscal targets, ratings agency Fitch said on Friday. In a budget announced on Wednesday, the Treasury said value-added tax would be raised for the first time... 
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