Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Aldoro to acquire stake in Namibian heavy rare earths project
Aldoro Resources Ltd. has executed a binding agreement to acquire an 85% interest in the Kameelburg Heavy Rare Earth Carbonatite Project in Namibia, a deal described by the company as…
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FUCHS’ Emalahleni branch is an essential partner to the coal-mining industry
The Emalahleni branch of FUCHS Lubricants South Africa in Mpumalanga offers a dedicated pump-on service to major coal-mining clients to keep essential equipment such as draglines and excavators operational at…
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FLSmidth sharpens focus to serve ‘Mines of Tomorrow’
The future of FLSmidth has been redefined as a pure play mining company, which will renew its focus on sustainability, service and technology. Speaking during the recent Investing in African…
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Multotec celebrates 10 years of operating, expanding and giving back to the community in Mozambique
Multotec Services Mozambique Lda, recently celebrated 10 years of operating in the Southern African country, where it established a branch to service clients in the coal fields in the Tete…
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Safety must be an outcome of business culture
It is artificial to define a separate ‘safety culture’ within a company, when what is really at stake is its ‘business culture’ as a whole – the way employees are…
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Schneider Electric and 4Sight to implement a Value Chain Optimisation solution at SA mine
Schneider Electric and Alliance partner, 4Sight have seen their partnership go from strength to strength as the companies’ roll out various high-level projects that are testament to the adage strength…
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Current agreement allows Namdia to buy up 15% NDTC stock until 2026
The outgoing De Beers chief executive officer Bruce Cleaver has indicated that the Namibia Desert Diamond Company (Namdia)’s desire to at least be buying up to 50% of the Namdeb…
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De Beers deals with Botswana and Namibia “Fair”
The outgoing De Beers Group CEO, Bruce Cleaver, said the joint venture partnerships they have with Botswana and Namibia in the finding and sorting of rough diamonds are fair deals…
