Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Arcadia Minerals’ CEO and non-executive director step down
Arcadia Minerals has initiated a major leadership shake-up as part of its new strategic direction, with Chief Executive Officer and director Philip le Roux stepping down from the company, while…
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BHP agrees US$2 billion infrastructure deal with Global Infrastructure Partners
BHP Group Ltd. has agreed a US$2 billion infrastructure deal with Global Infrastructure Partners (GIP), part of BlackRock, to help fund the inland power network that supports its vast Western…
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Zanaga appoints Tamesis as a joint broker
Zanaga Iron Ore Co Ltd. has appointed Tamesis Partners as a joint broker, adding extra support as it pushes ahead with development of its namesake project. Panmure Liberum will remain nominated…
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Ariana agrees funding deal to push Dokwe gold project closer to production
Ariana Resources PLC has agreed a funding term sheet with a Chinese mining group that would inject A$8 million into its wholly-owned Dokwe gold project in Zimbabwe and move the operation…
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PetroSA approves Shell as majority partner in block offshore South Africa
South Africa’s legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country’s west coast. If successfully concluded,…
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Gemfields shares up 2% after latest emerald auction
Gemfields Group Limited shares edged 2% higher to 6p after the miner reported a solid finish to the year from its latest commercial-quality emerald auction. The sale, which ran from 17…
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Cheiron, EGPC sign oil exploration and production deal
Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal,…
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Verity Resources acquires full ownership of a portfolio of high-grade critical metals projects in Botswana
Verity Resources has assumed full ownership of a portfolio of high-grade critical metals projects across 1,800 square kilometres in Botswana, following the acquisition of a 34% interest held by joint venture…
