Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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ERG and Gécamines restart operations at Boss Mining in the DRC
Eurasian Resources Group (ERG) and its joint-venture partner, La Générale des Carrières et des Mines (Gécamines), celebrated the kick-off of the restart of operations at Boss Mining with a ceremony…
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De Beers Group awards Sightholder contract to Molefi Letsiki Diamonds
De Beers Sightholder Sales South Africa has announced that Molefi Letsiki Diamonds will become the first majority black owned Sightholder, effective from 1 January 2023. Molefi is an alumnus of…
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New territory leaders join RMI Pressure Systems
RMI Pressure Systems is pleased to welcome two new key territory leaders to the team. Huw Dodds has joined in the role of Director for Sales and Service, Australia and…
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New global Managing Director for RMI Pressure Systems
RMI Pressure Systems is pleased to announce that Joe Keenan has joined the company to serve as Global Managing Director, Industrial Fluid Flow Solutions. Keenan brings with him over 25…
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ESMAZ calls for partnership with Chinese investors
Chinese investors have been encouraged to partner with Zambians in the gemstone mining industry to enhance the growth of the sector in the southern African country. Victor Kalesha, the president…
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The Sovereign Fund of Egypt joins ACWA Power as co-investor of 1.1 GW Wind Energy project in the Suez Gulf Area
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, signed a memorandum of Understanding (MoU) with The Sovereign Fund of…
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Madison to acquire additional mining and exclusive prospective licences in Namibia’s renowned uranium province
Madison is pleased to announce that it has entered into a binding agreement with an arm’s length vendor to acquire a 90% direct interest in Mining Licence 86A (“ML86A”) and…
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Petra Diamonds suspends operation at it’s Tanzania mine
Petra Diamonds has suspended operations at its Williamson mine in Tanzania for up to three months after a wall of the tailings dam at the site was breached earlier this week,…
