Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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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…
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Cheiron, EGPC sign oil exploration and production deal
Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal,…
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Verity Resources acquires full ownership of a portfolio of high-grade critical metals projects in Botswana
Verity Resources has assumed full ownership of a portfolio of high-grade critical metals projects across 1,800 square kilometres in Botswana, following the acquisition of a 34% interest held by joint venture…
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Mali recovers US$1.2 billion in arrears from miners
Mali has recovered 761 billion CFA francs (US$1.2 billion) in arrears from mining companies following a sweeping audit, its finance minister said, marking one of the country’s biggest clawbacks from…
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Deep Yellow appoints Greg Field as new CEO
The Board of Deep Yellow Limited is pleased to announce that Mr. Greg Field will be appointed to the role of Managing Director and Chief Executive Officer, commencing no later…
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Mali frees Barrick workers after deal to end mine dispute
Four employees of Barrick Mining who had been detained for about a year in Mali have been released. The development comes a few days after the announcement of a new…
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Atlantic Lithium reports progress despite lease delays for Ghana’s first lithium mine
Atlantic Lithium’s chairman delivered an optimistic assessment of the company’s progress at the Annual General Meeting, emphasising cost discipline and strategic funding despite ongoing delays in securing parliamentary ratification for…
