Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Emerald Resources and LVC Global Holdings merge
Emerald Resources, the energy, mining, and commodities subsidiary of Emerald Group, and LVC Global Holdings have entered into a definitive agreement to merge their operations, forming Emerald Global Resources (EGR),…
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Gillian Swaby resigns as Deep Yellow Executive Director
Deep Yellow Ltd. announces that Ms. Gillian Swaby has decided to resign as an Executive Director of the Company, effective 2nd February 2026. Ms Swaby will remain with the Company…
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Patriot Resources appoints Dominic Duggan as CEO
Patriot Resources Ltd. is pleased to announce the appointment of Mr. Dominic Duggan as Chief Executive Officer (“CEO”). Dominic is a mining engineer and finance professional. He is an experienced…
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Arkle Resources acquires Namibia uranium stake for N$49 million
Arkle Resources has acquired an 85% stake in Namibia Uranium Pty Ltd. for £2.032 million, equivalent to about N$49 million, while simultaneously raising £1.7 million, or roughly N$41 million, through…
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Afreximbank boosts Angola’s energy sector with a US$1.75 billion facility for Sonangol
African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will…
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Multotec awarded SACEEC Exporter of the Year
Multotec has been named Exporter of the Year by the South African Capital Equipment Export Council (SACEEC) securing both the overall Exporter of the Year title as well as the…
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Zijin Gold agrees C$5.5 billion acquisition of Canada’s Allied Gold
Zijin Gold International, a subsidiary of China’s Zijin Mining, has agreed to acquire Canadian miner Allied Gold in a deal valued at about C$5.5 billion (US$4 billion). The transaction will…
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IDC to sell 10.2% equity stake in Rössing uranium mine
South Africa’s Industrial Development Corporation (IDC) has formally moved to sell its 10.2% equity stake, citing the expiry of its investment horizon. In a recent Expression of Interest (EOI), the…
