Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday.
The top aftermarket NYSE gainers on Wednesday were: Radioshack Corp, Bridgepoint Education, Webster Financial, Kosmos Energy, Beam Inc, Chico's FAS, Joy Global, Seacor Holdings, Dana Holding and Saks Inc.
Africa-focused gold producer Goldplat has poured the first bar of gold from its Kilimapesa mine in Kenya, marking the beginning of production in the east African country's first gold project, the company said on Tuesday.
Get a glimpse inside Romney's headquarters for the 2012 New Hampshire primary, and meet some of the volunteers who helped him get elected. Then, travel with IBTimes to the results party, where Romney's family greeted supporters and promised to turn the Granite State red. What drew New Hampshire to Romney? Why do voters believe he'll make the best president?
Arriving in Indonesia just a little over a decade ago, Belgium chocolatier Thierry Detournay was dismayed at the lack of quality chocolate on offer in the world's third-largest cocoa producer.
For most people, the holiday season is a time spent with family and friends, but for many it can be a time of intense loneliness. Scammers count on that.
Nigeria's bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange's range of products beyond equities and bonds, the stock exchange said on Friday.
The occasional sheep seeks respite from a sun that has scorched rocks black in this semi-desert region that South Africa hopes will host the world's most powerful radio telescope.
Tucked away in Ghana's southern Ashanti region, Obuasi has all the trappings of a gold-rush town, including a statue of a miner painted in gold and a huge conveyor belt crisscrossing the city centre. But while rows of neat miners' cottages show some local gain from a commercial mining industry dating back to the 19th century, many of its residents complain they have yet to feel the full benefit of the riches buried beneath their feet.
Arsenal are also interested in the player.
Production at Gold Fields Ltd.'s Cerro Corona gold mine in Peru has not been affected by a nearby protest against another large mining venture, the South African company said Monday.
Efforts to have bamboo technology in Africa.
Same-sex marriages and homosexual activities were officially banned by the senate in Nigeria on Tuesday, placing criminal penalties of up to 14 years in prison on same-sex relationships.
The African Union special envoy for Somalia on Wednesday urged countries waging war on al Shabaab to keep an open door to negotiations with militants who are willing to lay down their weapons.
The world's largest backer of the fight against AIDS, tuberculosis and malaria said on Wednesday it was cutting new grants for countries battling the diseases and bringing in a new manager to ensure better administration.
AngloGold Ashanti, the world's third-largest gold producer, said on Tuesday it expects capital expenditure to double to $1.5 billion dollars by 2013.
Half of the country’s population is Christian, although some of them incorporate the practice of Vodun (voodoo) in their rituals.
Standard Bank Group is now financing small and medium-sized (SME) enterprises, tapping into a lucrative segment that was previously ignored by mainstream lenders but is increasingly on the agenda for most African governments.
Ghana's cocoa regulator Cocobod said port carriers had called off a week-long strike over pay and conditions and that exports from the world's second biggest grower could resume shortly.
Nigeria said on Thursday it was fining airlines British Airways and Virgin Atlantic a total of $235 million, as an ongoing row between Britain and Africa's most populous nation over landing slots and ticket prices escalates.
Ghana will raise spending by over 12 percent to tackle poverty in a 2012 election year but will keep finances in check with higher state revenues, President John Atta Mills' government pledged in a budget on Wednesday.
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament on Wednesday.