Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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First crusher for Sandvik-S&R partnership
In a promising start to S&R Enterprises’ mandate as a Sandvik Rock Processing distributor, its first Sandvik mobile jaw crusher has been delivered to a mining contractor on a coal…
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Arcelormittal decides finally on long steel’s fate
ArcelorMittal (SA) has made a final decision on mothballing its long-steel operations at its Newcastle Works, Vereeniging Works, and the rail and structural subsidiary, AMRAS. The announcement will have a…
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Allied Gold gets Mali’s approval for new project
Mali signed an agreement with Canada’s Allied Gold Corp. for a 35% stake in a new mine in connection to its Sadiola project. Known as Korali-Sud, the new project will…
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Revolutionising TIG welding for aerospace manufacturing
Yaskawa Southern Africa has partnered with Aerosud Aviation, a leading aerospace manufacturer, to implement a cutting-edge robotic TIG welding solution tailored to the exacting demands of aerospace production. The collaboration,…
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Gemfields resumes mining at Montepuez ruby mine
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the wake of attacks by groups it said are associated with the…
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Marula Mining to cease exploration and project acquisition activities in Zimbabwe
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe. This decision follows…
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Endeavour Mining announces positive PFS results for Assafou project
Endeavour Mining PLC said a preliminary study at Assafou in the Ivory Coast has confirmed the potential for it to become a major gold producer for the FTSE 100 group.…
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Rio Tinto JV with Sumitomo Metal Mining for Winu copper-gold project
Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet to establish a Joint Venture for the Winu copper-gold project in Western Australia’s Great Sandy Desert. Under this…
