Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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ASX suspends trading of West African Resources over Burkina Faso stake move
The Australian Securities Exchange (ASX) has suspended trading of West African Resources (WAF), the company that owns the Kiaka gold mine in Burkina Faso. The suspension follows a disclosure by…
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Mozambique approves investment projects valued at about US$5 billion in H1 2025
The Mozambican government has approved 115 investment projects valued at about US$5 billion in the first half of 2025, with the potential to create 17,000 jobs. Prime Minister Benvinda Levi…
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Harmony Gold reports a 20% revenue increase to US$4.07 billion in FY2025
Harmony Gold, South Africa’s leading gold producer, announced a 20% increase in revenue to US$4.07 billion for its fiscal year 2025, ending June 2025. This marks a significant rise from…
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BME to rollout hydrogen peroxide emulsions in SADC mining markets
Omnia Holdings company BME and Swedish-based Hypex Bio Explosives Technology (Hypex Bio) have advanced their partnership beyond Canada by initiating an infrastructure and product development programme for the Southern African…
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Transformational partnership to advance Cabora Bassa and establish Africa-focused upstream company
Invictus Energy Ltd. is pleased to announce a strategic partnership with Al Mansour Holdings backed by His Highness Sheikh Mansour bin Jabor bin Jassim Al Thani, a senior member of…
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Gold Fields’ Ghana gold production falls 10% in H1 2025
Gold Fields, Africa’s largest gold producer, reported a 10% fall in Ghanaian output in the first half of 2025. The South African miner said its Tarkwa and Damang mines delivered…
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First Quantum abandons plans to sell stake in Zambian copper mine
First Quantum Minerals has decided to keep its stakes in the Sentinel and Kansanshi copper mines in Zambia, abandoning earlier plans to sell minority interests. CEO Tristan Pascall confirmed the…
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Exxaro and Transnet Freight Rail sign service agreement
Exxaro Resources Ltd. and Transnet SOC Ltd., acting through its Operating Division, Transnet Freight Rail (TFR), are pleased to announce that they have entered into a formal service agreement regarding…
