Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Osborn completes export order to Kyrgyzstan
Mining and quarrying equipment specialist Osborn is extending its reach into the CIS (Commonwealth of Independent States) region, with a…
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Australia’s Prospect Resources picks advisor for sale of Zimbabwe lithium mine
Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible…
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Shamva Gold Mine reopens
Shamva Gold Mine has reopened after Landela Mining Venture acquired and injected fresh capital into the business, previously owned by…
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Sasol’s asset sale program advances with bids due for pipeline
Sasol Ltd. expects binding bids within weeks for its stake in a natural gas pipeline running from Mozambique to South Africa,…
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A buyer’s guide to Sasol’s US$5 billion asset sale process
Sasol Ltd. has accelerated an asset disposal program that could eliminate more than half of the company’s debt. The South African…
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Harmony raises US$200 million to fund deal
Harmony Gold Mining Co. raised $200 million through a share sale after investors backed its plan to purchase AngloGold Ashanti Ltd.’s last…
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Harmony to start share sale to fund AngloGold deal
Harmony Gold Mining Company, one of South Africa’s biggest gold miners, said it will start its proposed share sale on…
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With contracts canceled and debts mounting, offshore oil drillers face another shakeout
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years…
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