Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Peak Rare Earths rejects US$160 million U.S. bid, favors China’s Shenghe
Peak Rare Earths, the operator of the Ngualla rare earths project in Tanzania, has rejected a A$240 million (about US$160 million) bid from General Innovation Capital Partners (GICP), a U.S.…
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Paladin Energy raises equity while ramping up Langer Heinrich Mine’s operations
Paladin Energy Ltd. has launched a fully underwritten A$300 million equity raising to provide general working capital while ramping up the Langer Heinrich Mine into full mining and processing plant…
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Bowmans wins African Legal Award for Property and Construction Team of the Year
Pre-eminent African law firm Bowmans has once again been recognised for its deep understanding of the continent’s regulatory environment and contribution in solving its most complex legal challenges. At the…
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Critical One Energy acquires 18.5% interest in Dark Star Minerals
Critical One Energy Inc., a leading Canadian exploration company focused on critical metals and minerals, is pleased to announce its acquisition of an 18.5% interest in Dark Star Minerals Inc.,…
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Mulilo secures US$400 million facility from Standard Bank for renewables in South Africa
Mulilo, a leading South African renewable energy developer and independent power producer (IPP), has secured a landmark corporate facility from Standard Bank, Africa’s largest bank by assets. Standard Bank will…
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ILC to acquire 80% stake in Namibia’s Karibib lithium project
In September 2024, Lepidico engaged Jefferies International to help maximise the value of its Karibib lithium project in Namibia. The plan then included selling the project or divesting a portion…
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Atlantic Lithium highlights meaningful progress despite tougher market
Atlantic Lithium Ltd. reported meaningful progress, despite challenging delays and a tougher lithium market, highlighted that it is on the cusp of advancing a development timeline for its Ewoyaa project, in Ghana, that’s…
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Barrick to sell Hemlo Gold Mine
Barrick Mining Corporation has reached an agreement to sell the Hemlo Gold Mine in Canada to Carcetti Capital Corp., which is to be renamed to Hemlo Mining Corp. (“HMC”) upon…
