Complying with environmental, social and governance standards could mean significant savings when it comes to financing projects related to lithium, a key component of electric car batteries.
That’s because companies adhering to those measures can att…
ESG stamp may help slash funding costs, lithium producer says Read More »
The Democratic Republic of Congo is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company. The Congolese government has talked to Tullow Oil about purchasing a stake in the Lake Albe…
Congo wants to sell Gertler’s oil blocks on Ugandan border Read More »
Indonesia ordered coal miners to slash output after record production and exports from the world’s largest shipper last year weighed on prices and state revenue.
The government has set the production target at 550-million metric tons this year, 9.8% b…
Indonesia plans to cut coal output to bolster prices, revenue Read More »
After soaring 200% in 2019, an index of Johannesburg-traded platinum stocks has maintained its blistering pace at the start of the new year, buoyed by record prices for the palladium the miners dig up alongside their main product.
The FTSE/JSE Africa …
South African platinum stocks extend 2019 surge into New Year Read More »
Gold headed for the first back-to-back decline since November as the US and Iran stepped back from a deeper military conflict, blunting the appeal of haven assets as global equities gained ground. Palladium motored to yet another record, extending a me…
Gold steadies with US, Iran stepping back from the brink Read More »
Power utility Eskom, South Africa’s biggest polluter, said it will slash emissions of three major pollutants by 2035 while it asks for exemptions to incoming standards to avoid as much as R37-billion in expenditure. The State-owned utility projected th…
Pleading for leniency, Eskom wants to slash emissions by 2035 Read More »
UK fraud prosecutors sought an Israeli billionaire’s correspondence with the former President of Democratic Republic of Congo Joseph Kabila as part of one of their largest bribery investigations, a lawyer for the Serious Fraud Office said at a London t…
Billionaire’s letters to Congo’s Kabila were sought by UK fraud watchdog Read More »
South Africa has been hit by rolling power cuts less than a month after President Cyril Ramaphosa gave renewed assurances that energy constraints were being addressed, making his pledges ring hollow and highlighting his administration’s inability to ta…
Key Ramaphosa ally hinders efforts to tackle power supply crisis Read More »
Gold surged above $1 600/oz for the first time in more than six years after Iran attacked military facilities in Iraq hosting American troops in retaliation for the killing of a top general by US forces last week.
Prices jumped more than 2% after Iran…
Gold tops $1 600 after Iran attacks spark flight to havens Read More »
Oil futures surged in New York after Iran said it started attacks on an Iraqi airbase that hosts US troops. Spot gold also jumped.
West Texas Intermediate crude jumped as much as 4.4% to $65.48 a barrel on the New York Mercantile Exchange after Iran’s…
Oil surges as Iran says it attacks Iraq base housing US troops Read More »
