Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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WEG Africa’s Ghana branch marks 15 years of serving West Africa
Set up in 2009, initially to provide parts support to the growing installed base in West Africa at the time, WEG Africa’s Ghana operation has transformed into a fully-fledged branch.…
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The Minerals Council will continue to work with Minister Gwede Mantashe to realise the mining industry’s potential
The reappointment of Gwede Mantashe as the Minister of Mineral and Petroleum Resources gives continuity in the engagements and relationship the Minerals Council South Africa has fostered with Minister Mantashe…
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Komatsu completes acquisition of GHH Group GmbH
Komatsu has completed the acquisition of GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany. GHH’s wide range of equipment,…
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Vedanta set to regain control of Konkola copper mine
Vedanta Resources Ltd. is close to taking back control of the Konkola copper mine in Zambia and plans to quickly ramp up output as demand is expected to surge in the…
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Botswana GDP contracts most since 2020
Botswana’s economy contracted by the most since the peak of the pandemic in early 2020, after diamond production plunged. Gross domestic product shrank an annual 5.3% in the first quarter,…
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Andrada Mining restructures Uis Tin mine
Andrada Mining Ltd. has executed a legally binding agreement to restructure Uis Tin Mining (UTMC), the operational Namibian entity that holds the company’s licences (ML133, ML134 and ML129) into a…
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DMT Kai Batla and B Chiwale sign partnership agreement to expand services in Angola
DMT Kai Batla (Pty) Ltd., the South African subsidiary of DMT GmbH & Co. KG, a global engineering services and consultancy firm of the German TÜV NORD GROUP, announces the…
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Ghana to transform its energy sector with US$12 billion deal
Ghana has taken a significant step towards transforming its energy sector with a landmark US$12 billion agreement. The agreement will see the government of Ghana partnering with the TCP-UIC Consortium,…
