Category archives for: Mining & Engineering

Glencore buys Chevron stakes in Botswana, SA

GLENCORE

By AKANI CHAUKE JOHANNESBURG, (CAJ News) – GLENCORE has entered into an agreement with Off The Shelf Investments (OTS) for major acquisitions in Chevron Botswana and South Africa for US$973 million. It will acquire from OTS a 75 percent stake in Chevron SA and the entire issued share capital of Chevron Botswana. The acquisition follows […]

World Bank backs Nigeria economic diversification plans

Nigeria economic diversification

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – PLANS by Nigeria to place mining at the centre of diversifying the economy from the oil industry have received a timely boost from the World Bank. The bank announced it had developed a key partnership with the Federal Government and was still working along with some states that have higher […]

Angola LNG, Glencore sign sales agreement

GLENCORE

From NANDO AFONSO in Luanda, Angola LUANDA, (CAJ News) – Angola Liquefied Natural Gas (ALNG) Limited and Glencore Energy UK have executed a global multiyear LNG sales agreement. ALNG will deliver LNG cargoes to Glencore at destinations around the world. ALNG said following on from the other sales agreements recently announced by ALNG, this was […]

Australia’s Orion Minerals JSE listing confirmed

Newpark latest listing on JSE

By AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE sound of the African kudu horn will echo as the Johannesburg Stock Exchange celebrates the listing of Orion Minerals on the main board on Monday. Orion Minerals is an Australian minerals exploration company focussing on zinc, copper, nickel, gold and platinum-group elements in South Africa and Australia. The company aims to deliver […]

Buyanga’s AMG targets a tonne in year of gold

gold

By AKANAI CHAUKE JOHANNESBURG, (CAJ News) – AFRICAN Medallion Group (AMG) is targeting a tonne of gold before the end of the year as the firm nears R100 million (US$7,7 million) in gold in the past 90 days. Founder of the company, Zimbabwean entrepreneur Frank Buyanga, said gold, as one of the oldest forms of […]

Poll

Who do you want to lead South Africa ?

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.