Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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AVEVA accelerates sustainability leadership with emissions reduction target aligned to business ambition for 1.5°C criteria
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced that it has committed to setting 1.5°C-aligned emission reduction targets across all three Scopes as part of joining…
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BHP agrees to exit oil business, approves giant new Potash Mine
BHP Group will merge its oil and gas operations with Woodside Petroleum Ltd. as the biggest miner positions itself for a global shift away from fossil fuels and prepares to…
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Sandvik upgrades local presence with new facilities
In a strategic move that will consolidate its resources and further enhance its service to customers, Sandvik Mining and Rock Solutions has moved its South African headquarters to brand new,…
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SAIMM awards its most prestigious prize to Neal Froneman
Known for his skills as an ace dealmaker, mining giant Neal Froneman has been honoured with the 2021 Brigadier Stokes award by the Southern African Institute of Mining and Metallurgy…
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OEM Group awarded major North Sea contract
Oilfield service company, OEM Group (OEM), has secured a seven-figure contract with Aberdeen-based consortium PBS. The three-year deal which comes with two one-year extension options will see the group supply …
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PressCane Ltd to generate renewable electricity and heat from biogas with help from Clarke Energy and INNIO Jenbacher
Clarke Energy has secured the sale of two INNIO Jenbacher biogas engines to PressCane Ltd., a distillery based in Malawi. The Ethanol production site generates biofuel in the form of…
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Tertiary Minerals signs option agreement to acquire Zambian copper prospects
Tertiary Minerals subsidiary Luangwa Minerals has signed an option agreement to acquire up to a 90% interest in five copper exploration licences in Zambia from Mwashia Resources. The agreement would…
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Contract with pioneering consortium sees ASCO enter Senegal
Global integrated logistics and materials management company, ASCO, will play a major role in the development of Senegal’s offshore energy industry following a contract award by Senegal Supply Base (SSB).…
