Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Barrick appoints Mark Hill Group COO and Interim President & CEO
Barrick Mining Corporation announced that the Company’s Board of Directors has appointed Mark Hill as Group COO and Interim President and Chief Executive Officer, effective immediately, following the departure of…
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Oscillate Plc expands its acquisition of Kalahari Copper Limited
Oscillate Plc has expanded its acquisition of Kalahari Copper Limited to include a portfolio of Namibian copper licences, positioning the company as one of the largest landholders in the Kaoko…
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Versamet to acquire a 90% silver stream on Rosh Pinah Zinc’s mine in Namibia
Versamet Royalties Corporation has struck a major agreement with Appian Capital Advisory to acquire a 90% silver stream on Rosh Pinah Zinc’s mine in Namibia, alongside a royalty interest in…
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Weir acquires Fast2Mine
The British group The Weir Group PLC, valued at over US$7 billion and present in more than 60 countries, has announced the acquisition of Fast2Mine, a Brazilian company specialised in…
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Seplat targets US$3 billion investments and aims to increase production by 50%
Nigerian independent Seplat Energy Plc targets investments of up to US$3 billion over five years to develop oil and gas assets acquired from ExxonMobil. Seplat finalised the acquisition of these…
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Nex Metals signs MoU to operate North Hennai gold project
Nex Metals Explorations, an Australian junior gold miner, announced the signing of a memorandum of understanding to take operational control of the North Hennai gold project in Egypt. Once the…
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DR Congo to resume cobalt exports on 16th Oct. under strict quotas
The Democratic Republic of Congo will resume cobalt exports on 16th October, after a months-long suspension, but with strict quotas that reset the rules of the global market. The country’s…
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Wärtsilä signs 5-year agreement to operate power plant for Boto Gold Mine in Senegal
Technology group Wärtsilä has entered a five-year Operation and Maintenance (O&M) agreement with Boto SA, a subsidiary of Moroccan mining group, Managem, for a 23 MW captive power plant at the…
