Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Tanzania prepares to extract uranium
The government has said that the strategic uranium mining project will commence soon after the completion of the construction of a pilot plant for smelting the minerals. Minister for Minerals…
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Atlantic Lithium confident in securing Ghana mining lease
Atlantic Lithium Ltd. says it remains confident it will secure final approval for its Ewoyaa mining lease in Ghana, after the country’s Lands Minister confirmed revised terms are being reviewed by…
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Konkola Copper Mines will renovate its smelter to boost production
Konkola Copper Mines (KCM) will overhaul its Zambian smelter facility as part of efforts to boost production following last year’s return to full operations under Vedanta Resources control. The Indian-owned…
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KEFI Gold and Copper updates on progress in Ethiopia and Saudi Arabia
KEFI Gold and Copper Plc. executive chairman Harry Anagnostaras-Adams says that “these are very exciting times” for the company, with an increasing number of boots on the ground at its…
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Transnet and UMK sign 10 year contract
Transnet SOC Ltd. and United Manganese of Kalahari (UMK) have signed a 10-year contract for the transportation of manganese by rail from UMK’s mine in the Northern Cape to ports…
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Navachab Gold Mine shun recent audit report findings
The QKR Namibia Navachab Gold Mine has shunned findings of a recent audit report, which reveals that the company is failing to adequately contribute to skills and technology development in…
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South32’s Mozambique aluminium smelter faces uncertainty amid power supply issues
Australian mining and metals company South32 has raised concerns regarding the future of its Mozal aluminium smelter in Mozambique, citing potential power supply issues and the inability to secure affordable…
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Improved policies and favourable business environment drives mining boom in Tanzania
Improved policies and more favourable business environment under President Samia Suluhu Hassan’s leadership have spurred a significant boom in the mining sector, with the Shinyanga and Kahama zones alone generating…
