You are Here

Category: International

Corporate News Diamonds International

De Beers Unveils Next-Generation Subsea Diamond Recovery Crawler

De Beers Boosts Marine Diamond Recovery with Advanced Subsea Crawler on Benguela Gem De Beers’ Upstream Technology division in South Africa has developed a new generation of advanced subsea diamond recovery crawlers, marking a major step forward in marine mining technology. The first unit has been installed on Debmarine Namibia’s flagship vessel, the Benguela Gem, following nearly four years of development. According to project manager Rudi Agostinho, the crawler represents a carefully engineered blend of

Loading

Read More Here

International Gold News

Gold Breaks $3,600 for the First Time as Rate Cut Expectations Fuel Rally

Gold Price Hits Record $3,600 in September 2025 — Analysts Predict $4,000 by 2026 Driven by growing expectations of lower interest rates in the United States, gold surged past the symbolic threshold of USD 3,600 per ounce for the first time in September 2025, reinforcing its role as a safe-haven asset in a turbulent global economy. Swiss bank UBS has revised its forecast upward, now projecting gold to reach USD 3,800 per ounce by the

Loading

Read More Here

International Gold News

Ghana to Begin Local Gold Refining and Fire Assay Operations in October 2025

Ghana Gold Board to Launch Local Refinery and Fire Assay Lab by October 2025 The Ghana Gold Board has announced that it will commence local gold refining and fire assay operations in October 2025, marking a major step toward adding value to the country’s mineral exports. The announcement was made by Sammy Gyamfi, CEO of the Gold Board, at the Mining and Minerals Convention in Accra on Tuesday, September 9, 2025. According to Gyamfi, the

Loading

Read More Here

Corporate News International Oil

Dangote Refinery Cuts Petrol Prices, Launches Direct Fuel Supply to 11 States

Dangote Refinery Slashes Petrol Prices to ₦841, Begins Free Fuel Delivery to 11 Nigerian States The Dangote Petroleum Refinery has announced a significant reduction in petrol prices alongside the launch of direct fuel distribution across 11 states, effective Monday, September 15, 2025. In a statement released Thursday on its official X account, the refinery confirmed that pump prices have been lowered to ₦841 per litre in Lagos and the South West, and ₦851 per litre

Loading

Read More Here

Corporate News International Oil

Dangote Refinery Workers End Strike After Unionization Agreement

NUPENG Ends Strike as Dangote Refinery Agrees to Unionize Drivers in Landmark Deal The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its two-day strike after reaching an agreement with the Dangote Oil Refinery and the federal government, ensuring workers’ rights to unionize are upheld. The breakthrough came during a second round of talks on Tuesday, following a failed meeting on Monday. Williams Akporeha, NUPENG’s National President, confirmed that the strike was

Loading

Read More Here

Oil International

Landmark Study Links Oil Giants’ Emissions to Deadly Global Heatwaves

New Study Directly Connects Major Oil Companies’ Carbon Emissions to Heatwaves and Rising Deaths Worldwide For the first time, researchers have directly linked the carbon emissions of major oil companies to deadly heatwaves across the globe—a finding experts are calling a “leap forward” in legal and political efforts to hold fossil fuel giants accountable for their role in the climate crisis. The study revealed that emissions from each of the world’s 14 largest oil and

Loading

Read More Here

International Gas News

Afreximbank and MDGIF Partner to Invest $500 Million in Nigeria’s Gas Infrastructure

Afreximbank, MDGIF Sign $500 Million Deal to Modernize Nigeria’s Gas Infrastructure and Boost Industrialisation The African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark Memorandum of Understanding (MoU) to accelerate the development and modernisation of Nigeria’s gas infrastructure. The agreement was formalised on the sidelines of the Intra-African Trade Fair (IATF2025) by Mrs. Helen Brume, Afreximbank’s Director and Global Head of Project and Asset-Based Finance, and Mr.

Loading

Read More Here

Diamonds Corporate News International

Finestar Expands Diamond Cutting and Polishing Operations with New R300m South Africa Facility

Finestar Opens R300m Diamond Polishing Facility in South Africa to Boost SADC Beneficiation and Global Trade Indian rough diamond cutting and polishing company Finestar has expanded its footprint in the Southern African Development Community (SADC) with the launch of a new state-of-the-art facility in the Gauteng Industrial Development Zone, near OR Tambo International Airport, on September 5. The R300-million investment adds to Finestar’s network of cutting and polishing operations in the United Arab Emirates, Belgium,

Loading

Read More Here

Corporate News Gas International

FIRST E&P Targets 1 Billion Standard Cubic Feet of Gas Processing by 2030

Nigeria’s FIRST E&P Sets 2030 Goal of 250,000 BOE/D and 1 Bcf/D Gas Processing Capacity FIRST Exploration and Petroleum Development Company (FIRST E&P), a leading Nigerian independent oil and gas company, has unveiled ambitious growth targets for 2030. The company is aiming to achieve 250,000 barrels of oil equivalent per day (BOE/D) in equity production and develop a robust midstream business with a gas processing and supply capacity of 1 billion standard cubic feet per

Loading

Read More Here

International Diamonds News

Lesotho Prime Minister Launches Strategy to Revive Diamond Sector and Tap Rare Earth Minerals

Lesotho Unveils Dual Mining Strategy: Stabilizing Diamonds While Exploring Rare Earth Potential The global diamond market may be under strain, but the Kingdom of Lesotho is charting a bold path forward. Speaking at the Africa Down Under conference in Perth, Prime Minister Sam Matekane unveiled a dual-track mining strategy aimed at stabilizing the country’s diamond sector while opening a new frontier in rare earth elements (REEs). Matekane acknowledged that the diamond industry is going through

Loading

Read More Here

1 … 40 41 42 43 44 … 231