Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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De Beers reports strong Q2 2026 production despite challenging market conditions
De Beers Group has announced its Production Report for the second quarter of 2026, highlighting an 88% increase in rough diamond output to 7.8 million carats, driven by strategic mining…
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NMB Bank injects Sh224 billion to boost Geita Gold Mine financing
NMB Bank Plc has invested approximately Sh224 billion (US$100 million) in a US$500 million syndicated financing facility for AngloGold Ashanti’s Geita Gold Mine, reinforcing its commitment to Tanzania’s mining sector…
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Barrick to acquire significant stake in Kingfisher Metals
Barrick Mining Corporation has announced its agreement to subscribe for approximately 15.47 million units of Kingfisher Metals Corp. in a non-brokered private placement, investing about C$20.9 million to strengthen its…
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Deep Yellow awards two major construction contracts for Tumas Project in Namibia
Deep Yellow Limited has awarded two significant civil and concrete construction contracts for its flagship Tumas Project, reinforcing its commitment to disciplined project execution and local industry support. The combined…
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Caledonia Mining upholds 2026 guidance amid strong gold output
Caledonia Mining Corporation PLC has upheld its 2026 gold production forecast following a strong quarterly performance at Zimbabwe’s Blanket Mine, where output rose by 18% to 17,360 ounces. The increase…
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Total Graphite halts production at Vatomina mine for critical operational enhancements
Total Graphite Plc has paused production at its Vatomina graphite mine in Madagascar to complete essential drilling and operational improvements, aiming to resume output at over 1,000 tonnes per month…
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Segilola mine’s gold output highlights Thor Explorations’ Q2 success
Thor Explorations Ltd. reported robust second-quarter gold production of 19,153 ounces from its Segilola mine in Nigeria, keeping its full-year guidance steady and on track to meet 2026 targets. The…
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First Quantum moves to sell minority stake in Taca Taca project
First Quantum Minerals Ltd. is in talks to sell a stake in one of the world’s biggest undeveloped copper projects as rival miners and strategic investors rush to boost exposure…
