Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
-
Gemfields emerald auction rakes in US$32.9 million
Gemfields, the supplier of coloured gemstones, announced that its emerald auction fetched revenues of US$32.9 million, the second-highest figure ever achieved at a Kagem commercial quality auction. The auction of…
-
SRK’s teamwork benefits firms in DR Congo
Bringing its technical expertise together with language and cultural understanding, SRK Consulting has been able to offer greater support to companies from China operating in the Democratic Republic of Congo…
-
Gold Fields confident investors will back US$7 billion Yamana deal
Gold Fields Ltd.’s top executive said disquiet over the South African miner’s US$7 billion offer to buy Canada’s Yamana Gold Inc. hasn’t resulted in an exodus among its top shareholders. The…
-
RMI confirms ERG’s Metalkol RTR cobalt and copper production is compliant with responsible sourcing principles
Eurasian Resources Group, a leading diversified natural resources group headquartered in Luxembourg, announces that the Responsible Minerals Initiative (“RMI”) has confirmed that the cobalt and copper produced by ERG’s Metalkol…
-
Tax spat threatens Zimbabwe platinum operation, says Anglo unit
Anglo American Plc’s platinum operation in Zimbabwe asked the high court to intervene in a bid by the nation’s tax authority to seize US$24 million in a dispute over royalties.…
-
Kal Tire and Mitsui to advance mining tire recycling
Kal Tire’s Mining Tire Group, a leading international mining tire supply and management partner, and Mitsui & Co., a global corporate group focusing on innovation and sustainability, have announced the…
-
Zambia wins IMF board approval for US$1.3 billion loan program
Zambia won International Monetary Fund (IMF) approval for a US$1.3 billion, 38-month loan program on Wednesday, a crucial step in the southern African country’s quest to restructure its debts and…
-
Botswana awards Scatec ASA first large-scale solar plant contract
State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a 50 MW solar plant, the companies announced on Wednesday, BPC’s first utility-scale renewable energy…
