Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Paladin withdraws production at Langer Heinrich mine after heavy rainfall
Paladin Energy withdrew its production forecast for 2025 following heavy rainfall at its Langer Heinrich mine in Namibia, described by the company on Wednesday as a “one-in-fifty-year rainfall event”. Rainfall…
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Ndalamo Resources acquires Wonderfontein Coal Mine from Umsimbithi Mining
Ndalamo Resources, a leading South African mid-tier mining company, is proud to announce the acquisition of the Wonderfontein Coal Mine in Mpumalanga from Umsimbithi Mining (Pty). This acquisition is particularly…
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Ghana’s mining sector growth bolstered through local content participation
Ghana is ramping up efforts to enhance local content participation in the mining industry, aiming to maximize the beneficiation of its mineral resources. By supporting small-scale miners, promoting local procurement…
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Prospect Resources granted licences for Mumbezhi copper production in Zambia
Australian exploration and development company Prospect Resources has been granted two large-scale mining licences (LMLs) for its flagship Mumbezhi copper project in north-west Zambia. This grant of the LMLs provides…
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Lucara appoints new Board Director
Lucara Diamond Corp. is pleased to announce the appointment of Melissa Harmon to its Board of Directors. Ms. Harmon has more than two decades of experience in gold mining and is currently…
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Helium One Global receives offer of Mining Licence for southern Rukwa Helium Project, Tanzania
Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, is pleased to provide the following update…
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Botswana, De Beers sign long-delayed diamonds deal
Botswana’s government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers, saying it hoped it would create jobs at a time when the economy is…
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Tru-Trac appoints BREC Ltd. as master distributor for the UK
Tru-Trac, a global leader in conveyor belt alignment solutions, has appointed BREC Ltd. as its exclusive master distributor in the United Kingdom. This partnership will provide UK-based industries with direct…
