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Zimbabwe: New Diamond Find Raises Stakes, Prospects

Gillian Sithole, mine manager at Mbada Diamonds, one of the firms mining in the area, said government has discovered a further 53 000 hectares of diamond deposits. …

For Botswana, Coal is the New Gold: Rising coal prices bring hope to CIC Energy, Aviva

An average 40 percent increase in the price of thermal coal in 2010 and projections for even further growth this year have come as a godsend to the development of…

Namibia seal harvesting proceeds against wave of protests

Namibia’s seal harvesting exercise is entering its second week despite widespread protests from animal rights groups that have threatened to boycott the south west African country’s tourism industry and exports.…

Trustco sues Zimbabwean Telecoms Giant Over Life Insurance Deal

Namibian insurance investor Trustco Group International is suing Zimbabwean telecoms giant Econet Wireless over the collapse of a life insurance deal it accuses Econet of terminating unilaterally. Trustco runs a…

Mozambique coal deal: Rio Tinto’s moment of truth

There was always going to be a moment of truth for Rio Tinto in its quest to gain control of Riversdale Mining and its giant coal project in Mozambique. It…

Oil Companies That Gave ‘Bonuses’ to Libya Also Lobbied Against Disclosure Rules

Multinational companies operating in Libya have had to deal with many obstacles, including a government rife with corruption that often asked for what amounted to bribes [1]. …

Air Zimbabwe Buys New Airbus A340-600 Jets

UPDATE: Zimbabwe's national airline, Air Zimbabwe, has reportedly secured a deal with French aviation giant Airbus for the supply of two Airbus A340-600 long haul passenger jets and one Airbus…

Zimbabwe Ministers Accused of Corruptly Aiding Chinese Firms

ZIMBABWEAN Government ministers have been accused of corruptly aiding Chinese companies to buy cotton off local farmers contracted by local investors. Court documents show that cotton producers are taking steps…

Canadian Copper Mining Firm Dundee To Invest $32m In Namibia

Canadian Copper Mining Firm Dundee To Invest $32m In Namibia

CANADIAN mining firm, Dandee Precious Metals (DPM), will pour at least US$ 32 million into the Tsumeb Copper Smelter (TCS) following its acquisition of the company, which has been experiencing…

Namibia Talks Tough On Exports, Mining Laws

Namibia Talks Tough On Exports, Mining Laws

THE Namibian Government has said it will only negotiate for the full implementation of an Economic Partnership Agreement (EPA) with the European Union if the best interests of Namibian industry…

SADC States Take Different Paths to EPA Deal With EU

SADC States Take Different Paths to EPA Deal With EU

WINDHOEK: SOUTHERN African Development Community (SADC) member states have taken different platforms in negotiating for their engagement with the European Union for the implementation of the full Economic Partnership Agreements…

Angola’s Diamond Industry On The Mend As Gem Prices Recover

Angola’s Diamond Industry On The Mend As Gem Prices Recover

WINDHOEK- Angola’s diamond industry is on the mend, as prices of gems begin to rise gradually, following a battering of the mining sector brought about by the global economic downturn.…

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