NAIROBI (Reuters) -Kenya’s shilling was stable against the dollar on Monday, data from the London Stock Exchange Group showed. At 0700 GMT, commercial banks quoted the shilling at 129.00/50 per dollar, unchanged from Friday’s close. (Reporting by George Obulutsa; Editing by Olivia Kumwenda-Mtambo)
By Maxwell Akalaare Adombila TARKWA, Ghana (Reuters) -As the afternoon sun beats down on Gold Fields’ sprawling Tarkwa gold mine in southwestern Ghana, three men launch a drone into the clear sky, its cameras scanning the lush 210-square-kilometer tract for intruders. The drone spotted something unusual, and within 20 minutes a 15-person team including armed …
As gold prices surge, West Africa mine operators launch drones to detect wildcat miners Read More »
By Seher Dareen LONDON (Reuters) -Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, market analysts said, with gains expected to accelerate only if Iran retaliates hard and causes a major oil supply disruption. U.S. President Donald Trump said he had …
Oil to open higher as US strikes on Iran boost supply risk premium Read More »
KINSHASA (Reuters) -The Democratic Republic of Congo has extended by three months a ban on exports of cobalt intended to curb oversupply of the electric vehicle battery material, a regulatory agency said on Saturday. The world’s top cobalt supplier imposed a four-month suspension on exports in February after prices had hit a nine-year low at …
(In paragraph 7, removes reference to Amstel as one of the brands produced in its four breweries in Democratic Republic of Congo) (Reuters) -Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of Congo, the Dutch brewer said on Friday. The beverages giant said in …
Heineken loses operational control of facilities in Congo’s war-hit east Read More »
By Isla Binnie NEW YORK (Reuters) -Major Wall Street indexes closed lower on Friday while oil prices fell after U.S. President Donald Trump held back from immediate military action in the Israel-Iran conflict. All eyes remained trained on the Middle East one week after an initial Israeli assault drew Iranian retaliation. The U.S. imposed Iran-related …
Wall Street choppy, oil dips as US holds back from Mideast military action Read More »
NIAMEY/PARIS (Reuters) -Niger plans to nationalise the Somair uranium mine operated by France’s Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup in the West African nation. Niger’s decision to nationalise Somair comes amid a wave of mine nationalisations across West Africa, prompting concerns from …
Niger to nationalise uranium mine operated by France’s Orano as relations sour Read More »
JOHANNESBURG (Reuters) -The Democratic Republic of Congo is considering extending a ban on exports of cobalt, as it explores how to implement quotas for shipments of the electric vehicle battery material, four sources familiar with the discussions told Reuters. Congo is likely to continue with the ban because the government wants more time to work …
Congo considers extending cobalt export ban as it weighs quotas, sources say Read More »
TRIPOLI (Reuters) -Libya’s internationally recognised government of national unity has objected to Greece’s approval of an international tender for hydrocarbon exploration off the island of Crete, saying some of the blocks infringe upon its own maritime zones. The two countries have been trying to mend relations strained by an accord signed in 2019 between the …
Libya objects to Greek tender for hydrocarbon exploration off Crete Read More »
JOHANNESBURG (Reuters) -The South African rand was up on Friday, as most emerging markets benefited from easing worries of an immediate U.S. involvement in the Iran-Israel conflict. At 1436 GMT, the rand traded at 18.00 against the U.S. dollar, up 0.2% from Thursday’s close. The dollar edged up 0.1% against a basket of currencies, while …
South African rand gains as worries ease of US involvement in Middle East Read More »
