Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Jul- 2019 -12 July
Zimbabwe Consolidated Diamond Company to audit lifestyles
In the aftermath of diamond robberies and the subsequent sacking of the top management at the Zimbabwe Consolidated Diamond Company…
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10 July
Acacia says valuation higher than Barrick buyout offer, extends bid deadline
Tanzania’s largest gold miner Acacia Mining Plc said on Tuesday it is worth more than a buyout proposal by majority…
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Jun- 2019 -28 June
Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector
Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid…
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27 June
Platinum giants resist pay demands after hitting price jackpot
The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions…
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26 June
Kenya signs milestone crude processing deal with oil firms
The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000…
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25 June
Glencore cuts out agents and dealmakers as scrutiny grows
Glencore Plc is cutting out many of its intermediaries — the agents and dealmakers once essential to cracking the toughest…
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24 June
Acacia fires off 5,000-word rebuttal to Barrick Gold’s claims
Barrick Gold Corp.’s troubled African unit, Acacia Mining Plc, posted an almost 5,000 word rebuttal to claims from its parent amid…
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24 June
New B-BBEE landmark for SRK in South Africa
SRK Consulting (SA), the local arm of the global SRK Consulting group of engineers and scientists, has been awarded Level…
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