Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Kumba maintains 2025 production
Mpumi Zikalala, Kumba’s Chief Executive, said; Against the backdrop of an uncertain global macro environment, our strategic focus on operational excellence and cost optimisation is even more relevant. The successful…
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Khanye Colliery holds South Africa’s first Bettercoal Producer status
Khanye Colliery is currently the only mine that holds the Bettercoal Producer status in South Africa. The Bettercoal programme is an internationally recognised standard to promote responsible practices in the…
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Goldfields to continue works at Damang with new lease extension
Gold Fields has announced a new agreement with the Government of Ghana to ensure a productive path forward for the Damang mine. Damang is the smaller of Gold Fields’ two…
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De Beers Group welcomes new cohort to enterprise development project for diamond beneficiators
De Beers Group, in partnership with business incubation specialists Raizcorp, has officially launched the third intake of its Enterprise Development Project for Diamond Beneficiators, welcoming four emerging enterprises into the…
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Prospect Resources issues a completion of A$15.2 million investment and cleansing notice
Prospect Resources Ltd. confirms that on Tuesday, 22 April 2025, the Company issued 101,058,173 new ordinary shares in the Company at an issue price of A$0.15 per share to raise…
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Gulf Capital exits from Kuiper Group, through a strategic sale to Asian Energy Services
Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced its full exit from Kuiper Group, in a strategic sale transaction…
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Ghana takes over operations of Damang mine
The government of Ghana has taken control of the Damang mine operated by Gold Fields Ltd. after rejecting the company’s application to extend its 30-year lease. This move comes just…
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Botswana economy downgraded from stable to negative by Moody’s
Botswana’s economic outlook has been downgraded from stable to negative by Moody’s, as a result of the prolonged downturn in the diamond industry. In March, S&P Global Ratings (S&P), another…
