BP set to run down its African operations little by little
The British oil major is looking to drastically reduce its investment in field development and exploration in Africa. Here are our revelations. [...]
The World Bank has convened former ministers, consultants and economists to take stock of its engagement with Tunisia and lay the foundations for its next five-year country partnership with the north African state. But their alarming diagnosis focuses above all on political stalemate. [...]
Zambian state mining company ZCCM-IH is actively looking to expand beyond copper production. However, after several years of investing in new business sectors, the company is coming back to focus on the mining industry and is looking to extend its business to other minerals. [...]
Trigon Metals is doubling down in the Otavi Triangle region. After announcing a significant increase in copper reserves at its mine, the Canadian junior could help economic recovery in this region, which has been in a steep decline since 2008. [...]
After Canada's Sherritt, the longtime operator of Ambatovy's nickel-cobalt mine, threw in its hand in August, the two remaining shareholders differ on the way forward: armed with the government's blessing, Japan's Sumitomo is all-in for the long-haul, but South Korea's Kores is already looking for a way to fold. [...]
