Market News
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Africa: CIO Mining Africa Summit to Bring a New Dawn for the Mining CIO
Posted on :Saturday , 19th September 2015
With technology being dynamic and more and more organisations adopting Cloud and Big Data technologies, it is essential for any organisation that wants to be successful to have a CIO.
This has seen the role of the CIO in any organisation evolve in the recent past not only in the IT industries but across all sectors. More and more organisations see how IT can revolut. . .Tunisia: Gafsa - Phosphate Production Has Reached 1.6 Million Tonnes Since Early 2015
Posted on :Saturday , 19th September 2015
Gafsa — Production of the Gafsa Phosphate Company (CPG) has reached 1 million tonnes from the beginning of this year until August, including 707 thousand tonnes in the months of July and August.
Production activities in units under the CPG have resumed in the mining cities after seven months of interruption as a result of protests observed by unemployed people. . .South African Company Buys Back the Country\'s Platinum Mines
Posted on :Wednesday , 16th September 2015
Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's largest gold producer.
The mines sold for 4.5 billion rand despite the plummeting platinum prices. Amplats, as Anglo American Platinum is known, actually values these assets at 7.7 billion rand. This 3.2-billion-rand loss is a sign of ju. . .Africa: The National Mining Consultative Forum Digs Deep to Find Mining Solutions
Posted on :Monday , 14th September 2015
Pretoria — The National Mining Consultative Forum is underway at the Sefako Makgatho Presidential Guesthouse, in Pretoria, to look into ways of saving thousands of jobs in mining and to mitigate challenges facing the sector.
On Tuesday, Mineral Resources Minister Ngoako Ramatlhodi briefed media ahead of the meeting convened by President Jacob Zuma. He said the meeting will. . .
Ghana: Investors in Mining Sector Return 77 Percent Profit to Ghana
Posted on :Thursday , 10th September 2015
Mr. Sulemanu Koney, Chief Executive Officer of the Ghana Chamber of Mines, says contrary to popular opinion, the mining industry returns a large proportion of its revenue to the Ghanaian economy.
He said, in 2014, for instance, the industry returned approximately 77 per cent of its revenue to the country, with a large part of the remainder used for capital expenditu. . .Please Select an Option
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