Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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MiH secures R4.5 billion from GEM; intends to acquire majority of Sable Mining
Magni Investment Holdings (MiH) (formerly Lurco Holdings), the investment management company with interests across a variety of sectors, today announced its intention to acquire a majority shareholding in Sable Exploration…
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Minerals Council South Africa remains committed to transformation and engagement with all stakeholders
The Minerals Council South Africa is fully committed to transformation of the mining sector despite certain provisions in the 2018 Mining Charter set aside in a recent High Court judgment…
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AVEVA and Helios IoT Systems partner to empower the solar energy industry with deep insights and advanced analytics
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced that it has signed a technology partnership with Helios IoT Systems, a specialized company with domain expertise…
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Building long term power partnerships
Consistent and reliable power is the cornerstone of any economy. Yet, according to the African Development Bank Group, more than 30 African countries are currently experiencing power shortages and regular…
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Battery Minerals granted licence for Balama Central graphite project
Australian firm Battery Minerals has received a mining licence from the Mozambican Government for its Balama Central graphite project. The project will allow the firm to produce 50,000 tonnes per…
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SGS secures PhotonAssay for Australian Minerals Regional Hub
Australian mining technology company Chrysos Corporation and leading testing, inspection, and certification company, SGS have reached an agreement to install a Chrysos PhotonAssayTM unit at SGS’s Australian Minerals Regional Hub…
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Weir to acquire Artificial Intelligence and Machine Vision technology leader Motion Metrics
The Weir Group has agreed to acquire Motion Metrics, a leading Canada-based global mining technology business, for an initial consideration of £89m1 payable in cash upon completion, subject to customary net…
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A king wrecks Implats plan to create world’s no. 1 platinum firm
Impala Platinum Holdings Ltd.’s decade-long quest to buy a smaller rival that owns assets key to prolonging the life of its own mines in South Africa came to a shuddering…
