Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Fortuna Mining eyes mid-tier gold assets as it works to regain output target
Fortuna Mining is seeking mid-tier gold assets, while accelerating new projects, as it works to restore its 500,000-ounce annual output target after selling mines in Burkina Faso and Mexico, said…
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TotalEnergies and Galp conclude asset swap deal
TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further derisk resources and…
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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…
