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Zuma of South Africa leads peace delegation to Libya

A delegation of African leaders, headed by South African President Jacob Zuma, are on their way to Libya in an attempt to mediate the crisis in that war-torn country, according to the South African foreign ministry.
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Risk-aversion rules as miners ramp up exploration

A sharp rebound in mine exploration spending shows no sign of slowing this year, but miners seeking fresh supplies are keenly aware of risks and not every country with rich mineral deposits is a winner.
African migrant workers stranded in Libya gather to talk at a refugee camp set up by a Turkish company in Benghazi

100,000 Africans may pour into Niger from Libya: UN

The United Nations (UN) has warned that up to100,000 African migrants may seek to escape strife-torn Libya and cross into poverty-stricken Niger in the next few weeks, fearing they may be killed by anti-Gaddafi Libyans who believe they are mercenaries.
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Sonatel's margins pressured by rivals, tax

Senegalese telecom operator Sonatel saw 2010 net profits slip as tougher competition nibbled at its margins and it was hit by a temporary tax surcharge on incoming traffic, the group said.
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ARM sees boost from high-end smartphones

British chip designer ARM said its royalty revenues would be boosted by the speed of adoption of its newest multicore processors that are powering many of the smartphones unveiled in Barcelona.
Gold mining activities

Randgold FY profits surge, sees 70 pct jump in production

Randgold Resources sees a surge in production for 2011 as it reported a 43 percent rise in full-year profit in spite of operational and political setbacks. The company, which boosted its annual dividend by 18 percent to 20 cents, forecasts production to be between 750,000 and 790,000 ounces for 2011.

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