Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Amplats on track to demerge from Anglo American in 2025
Amplats expects its demerger from Anglo American to be completed next year, says its chief executive. The platinum group metals (PGMs) producer is being spun off from Anglo American, which…
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African Development Bank approves US$1 billion corporate loan for Transnet’s business recovery plan
The African Development Bank Group has approved a US$1 billion corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans. The 25-year…
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Afaq Mining to invest US$40 million in gold prospecting and mining over 3 years
Egyptian Afaq Mining is planning to invest up to US$40 million in gold prospecting and mining over the next three years, said Chairman Amr El-Marsfawy. He added that the company…
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Grizzly’s emerald auction generates strong revenue of US$32.5 million
Grizzly Mining Limited, one of the world’s largest producers of emeralds, is pleased to announce the results of its latest international emerald auction held in Dubai in July 2024. The…
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Eurasian Resources releases 4th Metalkol Clean Cobalt & Copper Performance Report
Eurasian Resources Group, a leading diversified natural resources group headquartered in Luxembourg, is pleased to announce the release of its fourth Metalkol Clean Cobalt & Copper Performance Report for 2024.…
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Marula Mining signs binding term sheet to acquire a 51% shareholding in Mansena Kruisrivier Cobalt Proprietary Limited
Marula Mining, an African focused mining and development company, is pleased to announce that through its wholly owned South African subsidiary, Muchai Mining South Africa Proprietary Limited, (“MMSA”), it has signed…
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Maamba Collieries Ltd. granted exploration licenses for lithium and other minerals in Zambia’s Southern Province
ZCCM-IH is pleased to announce that its investee company, Maamba Collieries Limited (MCL), in which it has a shareholding of 35%, has been issued two Large Scale Exploration licenses for…
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Ivanhoe announces Q2 2024 production results for the Kamoa-Kakula Copper Complex
Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete announced today that the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) produced 100,812 tonnes of copper…
