Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Sonangol looks to diversify into critical minerals
Angolan state-owned oil company Sonangol said that it wanted to diversify into critical minerals as it reported lower net profit last year. Sonangol made net profit of more than US$750…
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Kendrick secures 70% stake in Lüderitz rare earth licences
Kendrick Resources Plc has exercised an option announced in January to enter into a definitive agreement valued at up to US$800,000 (about N$15 million), securing a controlling stake in two…
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ERG’s Metalkol site awarded The Copper Mark, becoming the first ever tailings processing operation to achieve the standard
La Compagnie de Traitement des Rejets de Kingamyambo S.A. (Metalkol SA or Metalkol), a subsidiary of Eurasian Resources Group (ERG), a global metals and mining company, is pleased to announce…
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Clive Johnson to retire as B2Gold CEO in June 2026
B2Gold Corp. has announced that its long-serving president and chief executive officer, Clive Johnson, will retire from his role at the company’s annual general meeting scheduled for 4 June 2026,…
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Etana Energy and Mulilo reach financial close on the 219 MW Orkney solar project
Mulilo’s 219MWdc utility-scale solar PV project, with an export capacity of 150MWac, near Orkney in South Africa’s North West province has achieved financial close following the execution of an innovative…
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Kumba Iron Ore profit climbs 18% on higher prices, sales volumes
South Africa’s Kumba Iron Ore posted an 18% rise in annual profit on the back of higher mineral prices and stronger sales volumes driven by improved freight rail and port…
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Caterpillar acquires RPMGlobal and bolsters mining technology solutions
Caterpillar Inc. has acquired RPMGlobal Holdings Limited, an Australian-based mining software company. The acquisition expands Caterpillar’s portfolio of data-driven mining technology and software solutions that help customers plan, operate and…
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Zambia mine regulator lifts suspension of operations at Mopani’s Mufulira mine
Zambia’s mining regulator said that underground operations at Mopani Copper Mines’ Mufulira mine could resume immediately, after new safety measures were implemented. The Minerals Regulation Commission had said last week…
