Africa

Tenders for work in the rest of Africa excluding South Africa

Glencore takes control of Mutanda with $480m deal

Commodities trader Glencore has taken majority control of its fast-growing Mutanda copper operation in Congo with deals worth $480-million, marking the first step in a planned merger of the mine with its nearby Kansuki concession. Mutanda, in...

West Africa emerging as the new Pilbara – West African Minerals

West Africa is emerging as the next significant iron-ore province after Australia’s rich Pilbara and is attracting the attention of global majors and the Chinese, says the London-Aim-listed West African Minerals. Major diversified miners are...

Africa

Tenders for work in the rest of Africa excluding South Africa

Goodlace a calm hand for Implats tiller

Impala Platinum's chief executive-in-waiting Terence Goodlace has plenty of experience operating in tough places, such as Democratic Republic of Congo. He will need it because running the world's second-largest platinum producer, which he takes...

Glencore unit’s Q1 suffers from $14.5m DRC tax penalty

Katanga Mining, the Congo copper producer Glencore owns, said on Friday first-quarter net profit shrunk to $5-million, about one-eighth of the figure it reported for the same period one-year ago. The TSX-listed company said a $14.5-million...

AFRICA

Tenders for work in the rest of Africa excluding South Africa

First drilling results prove high-grade 
iron-ore at Central African tenement

Africa-focused iron-ore explorer Waratah Resources has updated its drilling programme and confirmed the presence of high-grade ore at its Youkou and Mekambo-Est iron-ore project, bordering the Republic of Gabon and the Republic of Congo.

Glencore sees healthy global demand for commodities

Glencore reported "robust" trading in the first quarter, reassuring investors with its view of broadly healthy demand for the commodities it mines, farms and drills, in a week when renewed fears over Europe's debt crisis dominate markets. The...

Glencore under fire over Congo as investors meet

Commodities trader Glencore faced calls for greater transparency around its deals in Congo, one of its most promising but most controversial jurisdictions, as it prepares for its first shareholder meeting since listing. Anti-corruption campaign...

Miner ENRC mulls carving off international assets

ENRC, one of the largest London-listed mining groups, is considering options to boost its value that include a possible split of its international arm, comprising its mines in the Democratic Republic of Congo, from its core Kazakh assets....

AFRICA

Tenders for work in the rest of Africa excluding South Africa