Mali: “Gold production to drop 3 pct in 2019” — mines ministry

Mali: “Gold production to drop 3 pct in 2019” — mines ministry

Mali’s industrial gold production is expected to drop around 3% to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday. Advertisements

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Africa Oil & Gas: Angola remains Africa second largest oil producer in November

Africa Oil & Gas: Angola remains Africa second largest oil producer in November

Angolan oil output in November was 1.521 million barrels per day (bpd) according to secondary sources, a monthly increase of 3,000 bpd, according to the Organization of Petroleum Exporting Countries (OPEC) monthly report.

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Industry Analysis: NOPEC to Take Gloves Off, Production Cuts In 2019?

Industry Analysis: NOPEC to Take Gloves Off, Production Cuts In 2019?

OPEC, in cooperation with non-OPEC member Russia, are currently discussing the option to put another production cut in place. During the recent Joint Ministerial Monitoring Committee meeting of OPEC ministers in Abu Dhabi, a consensus was formed between an overwhelming majority of its members that the current oil market situation again substantiates a production cut in 2019.

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Mozambique Mining: Kenmare to declare maiden dividend for H1 2019, strong Q3 ilmenite, zircon production

Mozambique Mining: Kenmare to declare maiden dividend for H1 2019, strong Q3 ilmenite, zircon production

Mineral sands producer Kenmare Resources on Tuesday announced its dividend policy, a watershed moment for the company, with dividends to be based on a minimum of 20% of profits after tax.

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Africa Oil & Gas: South Sudan Restarts Oil Production At Major Oil Field

Africa Oil & Gas: South Sudan Restarts Oil Production At Major Oil Field

South Sudan has resumed production from the Toma South oilfield, Reuters reports, quoting the Oil Minister of neighbor Sudan, Azhari Abdulqader. Production at the field was suspended in 2013 amid Sudan’s bloody civil war.

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