Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Tsebo’s Sustainability Journey unlocks valuable insights at media roundtable event
Over the years, there has been a rise of businesses prioritising sustainability to align with ethical imperatives and consumer demands. Transparent reporting on these sustainability efforts not only enhances accountability…
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GAF AG awarded two contracts to assist the Suriname Ministry of Natural Resources
As part of the Suriname Competitiveness and Sector Diversification (SCSD) Programme being run by the World Bank, GAF AG, an e-GEOS (Telespazio/ASI) company, has been awarded the lead role in…
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Chris Griffith appointed as Vedanta’s CEO for Base Metals & President of its international businesses
Vedanta Resources today announced the appointment of Chris Griffith, former CEO of Gold Fields, one of the largest producers of gold in the world, as the Chief Executive Officer for…
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Petrok supports WEG growth in Uganda
WEG, as part of its drive to expand the WEG footprint in East African markets, is taking significant steps to increase its presence in Uganda by partnering with company Petrok…
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De Beers sells Buffels Marine Mining Right
De Beers Group announces the successful sale of the Buffels Marine Mining Right (BMMR), and associated assets, to Kleinzee Holdings Proprietary Limited (Kleinzee Holdings) as of 7 August 2023. The…
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Posco International signs MOUs to acquire essential mineral resources in Africa
South Korea’s POSCO International Corp. is broadening its footprint in Africa’s secondary battery raw material sector, with plans to secure an annual supply of 90,000 tons of natural graphite. The company…
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Sibanye reports 37% drop in H1 2023 profit
South Africa’s Sibanye-Stillwater has reported a 37% drop in profit for H1 2023 to US$427 million as a result of reduced metal prices and operational challenges. The company’s platinum and palladium…
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Anglo sees another fall in revenues for De Beers diamonds
Anglo American has announced another large fall in diamond revenues from the latest sales cycle at subsidiary De Beers, saying that buyers were being “prudent” because of the macro environment. The…
