Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Northern Graphite announces new management appointments
Northern Graphite Corp. is pleased to announce a number of new management appointments which are part of an ongoing process designed to strengthen the Company’s management team. These new additions will…
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Private equity lines up for coal ‘bonanza’ left by public miners
Private equity firms are lining up to take on the dirty and highly profitable assets being divested by publicly traded commodity producers as the world grapples to decarbonize. In the…
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Zimbabwe edges closer to US$12 billion target
Government and private sector players in the mining industry are resolute in their commitments towards achieving the US$12 billion by 2023. Zimbabwe launched the Strategic Road to the Achievement of…
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Botswana’s mixed results at World Expo 2020 Dubai
Botswana has noted mixed results at the on-going World Exposition dubbed Expo 2020 Dubai with local artworks recording low sales while diamonds registered impressive sales. Staged in United Arab Emirates…
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Chinese firm to acquire Arcadia mine for US$400 million
Prospect Resources has signed agreements for the sale of its 87% stake in the Arcadia lithium project to China’s Zhejiang Huayou Cobalt Limited, which will pay a US$387 million to…
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Adani set to export coal from Australian Carmichael mine after long delay
Indian conglomerate Adani Group said it’s ready to begin the first coal exports from the controversial Carmichael mine in Australia’s Galilee Basin, more than a decade after the group took over the project.…
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Tanzania now owns 37% of Williamson Diamonds Ltd.
Tanzania now owns 37% of Williamson Diamonds Ltd., the single, largest diamond deposit to be in continuous production for over 70 consecutive years now. Discovered in 1940, the mine boasts…
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Rio Tinto to buy Argentinian Rincon lithium project for US$825 million
Rio Tinto Group agreed to buy a lithium mine in Argentina for $825 million as the world’s second-biggest miner accelerates its push into battery materials. The top mining companies are increasingly…
