Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Sandvik orders beat forecasts as mining demand remains strong
Sandvik reported earnings and order intake above market expectations on Thursday, boosted by continued strong demand for mining equipment. One of the first major Nordic industrial firms to report on the…
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SRK appoints Sambwa as DR Congo chair
Experienced geological consultant, Dominique Sambwa has been appointed chairman of SRK Consulting Congo, based in Lubumbashi in the Democratic Republic of Congo (DRC). Sambwa has 25 years of experience in…
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Monterey Minerals intends to purchase a uranium exploration land package in Namibia
Monterey Minerals has signed a letter of intent to purchase a uranium exploration land package consisting of seven properties from a group of private prospectors in the Erongo region, according…
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Barrick Gold’s fourth-quarter gold output rises 10% sequentially
Barrick Gold Corp. said on Wednesday its fourth-quarter production rose 10% sequentially, helped by strong performance from its Carlin and Cortez mines in Nevada. Gold prices had gained 4% during…
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Trafigura strikes US$600 million cobalt deal in Congo
Trading house Trafigura Group Ltd. has agreed to fund the development of two cobalt projects in the Democratic Republic of Congo after prices of the key battery metal more than…
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Vedanta Aluminium & Runaya Refining win ‘Gold’ for green technology partnership
Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, and Runaya Refining, one of India’s fastest growing manufacturing start-ups, have won the ‘Gold’ award at the (Business World)…
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De Beers implements big diamond price hike as demand runs hot
De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for…
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FLSmidth builds African capability for tomorrow’s mine
Leveraging the fast moving world of digital technology, FLSmidth is driving efficiency across the mining sector in Africa – and West Africa is among the key focal areas. According to…
