Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Barrick appoints Ben van Beurden as Lead Director, succeeding Brett Harvey
Barrick Mining Corporation announced that Ben van Beurden has been appointed Lead Independent Director of the Board, succeeding Brett Harvey. Mr van Beurden, former CEO of Shell, joined Barrick’s Board…
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Barrick to sell the Alturas Project
Barrick Mining Corporation announced that it has reached an agreement to sell the Alturas Project in Chile to a subsidiary of Boroo Pte Ltd. for an up-front cash payment of…
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Glencore H1 2025 profits below expectations
Glencore reported first-half profits below expectations despite stronger-than-forecast revenues, due to weaker coal pricing and lower copper production. The commodity trading and mining giant revealed revenue of US$117.4 billion for the…
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Newmont finalises its US$1 billion sale of the Akyem gold mine to Zijin Mining Group
The gold mining industry witnessed a significant transaction in August 2025 as Newmont Corporation finalised its US$1 billion sale of the Akyem gold mine to Zijin Mining Group. This strategic…
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Oando achieves 63% production growth, posts ₦1.72 trillion revenue in H1 2025
Oando, Africa’s leading indigenous energy solutions provider has published its unaudited results for the six months ended 30th June 2025. The company’s upstream business recorded strong production performance with a…
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Tullow Oil finalises the sale of its non-operated interests in GOC
Tullow Oil has finalized the sale of its non-operated interests in Gabon to Gabon Oil Company (GOC) for US$307 million, marking a strategic portfolio shift for the UK-based independent and…
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B2Gold’s Fekola Regional project to yield over 22 tons of gold by 2029
B2Gold expects to extract more than 22 tons of gold from its Fekola Regional project in Mali between 2026 and 2029. The company confirmed in an update on 30th July,…
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Glencore to cut costs by US$1 billion
Glencore plc said it will cut about US$1 billion of costs after a review of its sprawling network of mines and smelters, as it raised the long-term profit forecast for…
