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Angola International Mining Fair to take place in April

The fifth edition of the Angola International Mining Fair (FIMA) is due to take place from the 24th  to 27th of April, in the capital city at the Luanda International Fair (FILDA) venue, This is according to a recent statement made available by the organisers of the fair. The annual fair is organised …

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Indian Parastatal buys into a natural gas block in Mozambique

ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) have completed the acquisition of Videocon Group’s 10 per cent stake in a giant Mozambique gas field for $ 2.475 billion, according to the company statement released yesterday. OVL, the overseas arm of the Indian state-run explorer Oil & Natural Gas …

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Copper Prices rebound on LME

Copper Prices rebound on LME Copper prices on the international metal market have continued to rise, allaying fears from Zambian mining players that the downward trend was a cost on their prospects to make real returns on their investment. The three-month copper price on the London Metal Exchange (LME) went …

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