Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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TotalEnergies balances bold Absheron investment with Venus oil delay
TotalEnergies has announced a final investment decision (FID) for the full-field development of the Absheron gas project in Azerbaijan, while the timing for the multibillion-dollar Venus oil development in Namibia…
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Zanaga advances Congo iron ore venture with major financial gains
Zanaga Iron Ore Co Ltd. has announced significant progress in improving the economics of its Republic of Congo iron ore project, highlighting potential cash-cost savings of around US$2.2 billion. This…
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Ariana Resources reports strong first-half profit in 2026
Ariana Resources plc has announced a significant rise in its first-half profit for 2026, ending June with £17.3 million in cash following strategic asset sales to support the development of…
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Xinhai Mining meets all conditions to fund African Pioneer’s Namibian copper projects
African Pioneer Plc confirms completion of all conditions for its financing and technical services agreement with Hong Kong Xinhai Mining Services Limited, paving the way for a £712,786 share subscription…
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Martin Engineering expands West African partnerships
The global leader in belt conveyor and bulk material flow technology, Martin Engineering, has broadened its footprint in the West African nation of Ghana by partnering with Aggrey & Associates,…
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Aidan Schoonbee appointed as new Steenkampskraal Holdings COO
As Steenkampskraal Monazite Mine (SMM) focuses on delivering the first production of a high-grade thorium and rare earth deposit in the Western Cape, newly appointed SMM Chief Operating Officer (COO)…
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Omnia and Solar Group announce proposed R21.8 billion all-cash transaction to power next phase of strategic growth
Further to the cautionary announcement published on the stock exchange news service of the JSE Limited on 11 September 2026, Omnia Holdings Limited announced that Solar SA Investments Proprietary Limited,…
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India’s Solar Industries to acquire South Africa’s Omnia Holdings
India’s Solar Industries said its unit will acquire South Africa’s Omnia Holdings in an all-cash deal worth about US$1.36 billion, as the explosives and ammunition maker looks to expand its…
