Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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WEG partnership with Panaco strengthens presence and boosts growth in the DRC
The strengthened presence of WEG in the Democratic Republic of Congo (DRC) through its strategic alliance with Panaco, its Value-Added Reseller (VAR), has proven to be highly successful. Thierry Kakese,…
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Senegalese power plant opts for Wärtsilä long-term service agreement to ensure supply reliability
Technology group Wärtsilä has signed a long-term service agreement for two years with ContourGlobal, a global energy provider based in the U.S. The agreement covers the company’s Cap des Biches…
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Northam Platinum pays first dividend after exiting race for RBPlat assets
Northam Platinum declared its first dividend payout after bolstering its cash position by selling a stake in Royal Bafokeng Platinum (RBPlat) to rival Impala Platinum. The Johannesburg-based platinum group metals…
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Sandvik Rock Processing Screening Solutions builds on Africa footprint for screen business
It is a well proven fact that companies succeed where they are closest to their customers, and this is driving Sandvik Rock Processing to leverage the extensive Sandvik footprint across…
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IOCA awards REGROUP Australia as preferred primary contractor for Hancock Iron Ore Project
Alien Metals Ltd., a minerals exploration and development company, is pleased to announce that its wholly-owned subsidiary Iron Ore Company of Australia Pty Ltd. (“IOCA”) has awarded REGROUP Australia (“REGROUP”)…
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SRK’s William Joughin inducted as SAIMM president
A former chairman of SRK Consulting (South Africa) and one of the country’s leading rock engineering specialists, William Joughin has been inducted as the new president of the Southern African…
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Thungela profit drops on lower coal prices and rail woes
Thungela Resources, South Africa’s largest shipper of coal burned in power stations, suffered a 69% drop in first-half profit, hit by lower prices and transportation problems, it said on Monday.…
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Nolitha Fakude Chairman of Anglo American honoured with the Brigadier Stokes award by SAIMM
The Brigadier Stokes memorial award is the highest achievement in the South African mining and metallurgical industry. The Southern African Institute of Mining and Metallurgy has the privilege to honour…
