Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Exxaro, Seriti Resources and Eskom sign MOU to a low carbon future in South Africa
Eskom, Exxaro and Seriti Resources have announced the signing of a landmark Memorandum of Understanding (MOU) that spells out their intention to pursue, co-operatively and individually, the development of renewable…
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Exxaro maintains commitment to United Nations’ Global Compact to advance social and environmental sustainability
Exxaro Resources today confirms that it has fulfilled its annual obligations as a signatory of the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. Exxaro recently delivered…
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Glencore opens talks with Chad to restructure US$1 billion loan
Glencore Plc has hired advisers and opened talks with Chad to restructure an oil-for-cash loan worth more than US$1 billion for a third time, the commodity trader said in a letter…
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Namdeb extends mining operations lifespan by 20 years
Namdeb Diamond Corporation (Namdeb) yesterday confirmed that despite dwindling land-based diamond production, it has extended the lifespan of its mining operations by 20 years, from 2022 to 2042. The extension…
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thyssenkrupp Uhde Africa to study Underground Pumped Energy Storage at Driefontein gold operation
Leading international mining company, Sibanye-Stillwater, has appointed thyssenkrupp Uhde Africa to undertake an Underground Pumped Energy Storage Pre-Feasibility Study at Driefontein Gold Mine. thyssenkrupp Uhde Africa is undertaking the study…
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Top coal processing award for Multotec’s Roy Roche
In a crowning recognition of his career contributions to mining, Multotec business development executive Roy Roche was recently named Multotec’s Coal Person of the Year. This coveted award – presented…
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thyssenkrupp Uhde South Africa wins study and signs an agreement with Pumped Hydro Storage Sweden AB
thyssenkrupp Uhde Africa together with Wismut Gmbh has been appointed to execute a pre-feasibility for study for a “Renewable Underground Pumped Hydroelectric Energy Storage” (RUPHES) project on a specific site…
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Government applauds BME’s standards in Indonesia
BME Indonesia, part of South African blasting leader BME and the JSE-listed Omnia Group, has received a good mining practice award as the best performer in the blasting services category…
