Listen Up, Miners: Africa Wants Bigger Slice of Commodities Boom, Now!

Listen Up, Miners: Africa Wants Bigger Slice of Commodities Boom, Now! One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds. The collapse in commodities through 2015 hobbled some of Africa’s biggest resource economies,…

Zimbabwe Signs $4.2bn Platinum Deal to Transform Mining Sector

Zimbabwe signs $4.2bn platinum deal to transform mining sector  A Cypriot investor signed a $4.2-billion deal on Thursday to develop a platinum mine and refinery in Zimbabwe, an investment that President Emmerson Mnangagwa said showed the country was “open for business”. Signing the agreement with Cyprus-based Karo Resources, Mines Minister Winston Chitando said work would start in July, with the first output of platinum group…