Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Barrick spending US$15 million a month to keep Mali mine running, says CEO
Mark Bristow, Barrick’s CEO said the miner is spending US$15 million a month to keep its Mali mine running, and that he does not know where the government is keeping…
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Gold Fields and AngloGold pause talks over mega mine in Ghana
Gold Fields and AngloGold Ashanti are suspending talks about combining two mines in Ghana, more than two years after they proposed the joint venture. They agreed to “pause discussions” about…
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Fortuna Mining eyes expansion into Guinea after Burkina Faso exit
Canada’s Fortuna Mining is eyeing expansion into Guinea after exiting Burkina Faso, where it faced regulatory instability and high security costs because of jihadist threats, its CEO said. Fortuna, which…
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Galiano Gold discovers new high-grade zone at Asanko’s Abore main pit
Galiano Gold Inc. is pleased to provide an update on the 2025 drilling results at the Abore deposit, following the completion of a planned infill programme. Abore is one of…
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Critical One closes oversubscribed private placement and issues stock options
Critical One Energy Inc. is pleased to announce that, further to a press release issued on 14th April 2025, the Company has closed its oversubscribed, non-brokered financing and issued 6,075,000 units at…
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Vedanta Resources weighs Zambia copper IPO to fund US$1 billion investment
Vedanta Resources, the mining and energy company controlled by Indian billionaire Anil Agarwal, is considering listing its Zambian copper unit to raise the funds it needs to invest in the…
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Ivanhoe Mines issues Q1 2025 financial report
Ivanhoe Mines’ President & Chief Executive Officer Marna Cloete and Chief Financial Officer David van Heerden are pleased to announce the company’s financial results for the first quarter of 2025,…
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Gemfields generates US$7.2 million in revenue from ruby auction
Gemfields Group has announced the successful conclusion of a mini auction of Mozambican rough rubies mined by Montepuez Ruby Mining (MRM), held in Bangkok from 21–25 April 2025. The auction…
