Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
-
Solid 1st-half progress for Helium One Global in Tanzania
Helium One Global described significant milestones in its half-year report on Thursday, including the acquisition of the Epiroc Predator 220 drilling rig, which it said had been successfully mobilised to the…
-
Neemba signs distributor agreement with FuelActive
Neemba, the CAT dealer for 11 countries across West Africa, has become a distributor for the innovative FuelActive fuel pick-up system. This floating fuel pickup ensures that Fuel is taken…
-
First Quantum touts interest in its Zambia copper operations
First Quantum Minerals Ltd. has attracted interest from multiple parties wanting to buy a minority stake in its Zambian copper operations, as the Canadian miner continues efforts to shore up its…
-
ACTOM Distribution Transformers secures order to supply NECRT’S units to Kamoa Copper Mine SA in the DRC
ACTOM Distribution Transformers, a division within the ACTOM Group that designs and manufactures a range of 16kVA – 10 MVA distribution and lower range power transformers, recently secured an order…
-
Northam Platinum halts some capital projects due to current slump in metal prices
Northam Platinum said it had halted some capital projects due to the current slump in metal prices, which saw the South African miner’s half-year profit plunge by 93%. South African…
-
Impala Platinum scraps dividend, makes spending cuts as profit slumps
Impala Platinum says it will be restructuring its Canadian palladium operations, and will postpone planned spending at various projects in South Africa and Zimbabwe after the miner posted a 78%…
-
Delta Mines acquires 51% shares in Mopani Copper Mines
Delta Mines Ltd., has concluded the acquisition of 51% shareholding in Mopani Copper Mines (MCM) translating into a US$1.1 billion investment into the mine. In a statement, ZCCM-IH Corporate Affairs…
-
Lucara recovers 320-carat gem at Karowe Mine
Lucara has recently announced the recovery of a 320-carat diamond from its Karowe mine in Botswana. The haul also included a 111-carat stone and two more stones exceeding 50 carats…
