Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Tanzania issues over 54,000 mining licenses in 7 years
The Tanzania Mining Commission has issued 54,626 mining licenses over the past seven years, according to Acting Director of Licensing and ICT, Ms Aziza Swedi. From the 2018/2019 fiscal year…
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Piedmont Lithium reports Q3 2024 financial results
Piedmont Lithium Inc., a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today reported its third quarter 2024 financial results. Piedmont shipped approximately…
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Syrah gets first tranche of US funding for graphite mine
Australian mining company Syrah announced that it has received a first tranche of US$53 million (€49.5 million) in US government funding for a graphite mine it operates at Balama, in…
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ZCCM-IH posts a profit of US$2.2 billion for H1 of 2024
ZCCM Investment Holdings (ZCCM-IH) has posted a net profit of ZMW 55.32 billion (US$2.2 billion) for the first half (H1) of 2024, marking a turnaround from the net loss of…
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AECI announces signing of Share Purchase Agreement to dispose of Much Asphalt
AECI Limited, a global leader in the manufacturing of chemicals and explosives, is pleased to announce the signing of a Share Purchase Agreement for Much Asphalt (Pty) Limited with Old Mutual…
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Asante Gold announces US$525 million Ghana investment plan
Asante Gold Corporation has announced a US$525 million investment package to fund its growth plans and gold production facilities in Ghana. The investment will be deployed in two phases, starting…
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Walkabout report outlining activities at Lindi Jumbo Graphite Mine
Walkabout Resources Ltd. has provided a September quarter report outlining activities at its Lindi Jumbo Graphite Mine in Tanzania. Summarising the quarter’s performance, Walkabout managing director and CEO Andrew Cunningham said:…
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Paladin Energy on pathway to becoming a globally significant independent uranium producer
Paladin Energy says the return of the Langer Heinrich Mine (LHM) to production was a major milestone on Paladin’s pathway to becoming a globally significant independent uranium producer. The LHM…
