Engineering

Sep 04, 2017
Acacia Mining said on Monday it would stop underground work at its flagship Tanzanian gold mine and cut its production guidance in the face of a confrontation between the industry…
Aug 21, 2017
AngloGold Ashanti's chief executive has not ruled out the possibility of separating the gold miner's South African assets from the rest of the portfolio but said its debt remained too…
Aug 19, 2017
The Reserve Bank of Zimbabwe has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a…
Aug 17, 2017
Gem Diamonds Ltd reported a 14 drop in half-year revenue, hurt by lower production and a decline in average diamond prices, and said it received an acquisition offer for its…
Aug 05, 2017
The Nigerian National Petroleum Corporation said the West African Gas Pipeline (WAGP) will be extended from Ghana to Cote d' Ivoire. It said this is part of the Federal Government…
Jul 25, 2017
Like many other men and women in Mozambique’s capital, Maputo, Agostinho feels optimistic about the future. After years of living in extreme poverty, he now has his own business and…
Jul 30, 2017
Tanzanian President John Magufuli said on Monday he has signed into law new mining bills which require the government to own at least a 16 percent stake in mining projects.…
Jun 28, 2017
Africa-focused oil explorer Tullow Oil reduced debt in the first half of the year and reported a rise in gross profit under new CEO Paul McDade but a recent drop…
Jun 24, 2017
Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk, it said on Friday. The models were built between 2004…
Jun 22, 2017
The Ethiopian Power Engineering Industry organized under the Metals and Engineering Corporation said it has begun manufacturing motors for vehicles used for automotive, construction and agricultural activities. Industry General Manager…
Jun 19, 2017
More than three million pre-payment meters are to be rolled out under the Federal Government’s intervention programme, Babatunde Fashola, the Minister of Power, disclosed in Lagos on Sunday. The intervention…
Jun 16, 2017
South African regulators unveiled a new mining charter to force companies to give more ownership to black shareholders, sparking a selloff across the industry. Anglo American Plc and Sibanye Gold…
Jun 13, 2017
An emerging markets investing firm, eleQtra, will team up with an African power company, Engie, to develop a 120 million-U.S. Dollar wind power project in Southern Ghana. The project, located…
Jun 06, 2017
Three major oil firms, including United States oil giant, Exxon Mobil, Taleveras, and Ophir yesterday won Oil Blocks in Equatorial Guinea. Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiag-Lima made…

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