Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Vedanta seeks partners to boost output at Zambia Mines
Vedanta Resources is looking for business partners to boost output at the Zambian copper assets it’s regaining control of after years of legal battles. The notice – a call for…
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De Beers Group’s sorting building in Johannesburg awarded prestigious green ratings
De Beers Group is proud to announce that its new rough diamond sorting, valuation, and sales building, Sky Park, located in Johannesburg, has received the prestigious 5-star interior green rating…
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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…
