Tag: Mining

Impala Platinum Holdings Ltd
BusinessHot News

South Africa’s Implats expects earnings to surge as PGM prices lift revenue

Implats expects earnings to surge as stronger PGM prices lift revenue, cash generation and 6E production for the year ended June 30, 2026.

Omokolade Ajayi Omokolade Ajayi
Incoming Anglo Teck CEO, Duncan Wanblad
BusinessHot News

Anglo American, Teck unveil leadership team for planned Anglo Teck merger

Anglo American and Teck reveal Anglo Teck's executive team ahead of merger completion and regulatory approvals.

Timilehin Adejumobi Timilehin Adejumobi
Glencore
BusinessHot News

Dutch court blocks Glencore’s bid to buy back logistics unit at discount      

Glencore Access World buyback deal blocked by Dutch court over valuation concerns and private sale process dispute.

Timilehin Adejumobi Timilehin Adejumobi
A platinum plant in Zimbabwe
Hot NewsBusiness

Zimbabwe’s platinum sector targets $2 billion in exports amid global demand

Zimbabwe’s platinum sector targets $2 billion in export receipts by 2027, driven by rising global demand, firmer prices, and smelter expansion.

Omokolade Ajayi Omokolade Ajayi
Lithium
Hot NewsBusiness

Nigeria wins $3 billion in mining investments as Africa halts cheap raw exports

Nigeria secures $3 billion in mining investments as African nations halt cheap raw exports to focus on local processing.

Omokolade Ajayi Omokolade Ajayi
De Beers Group
BusinessHot News

Botswana engages UAE and Oman over De Beers stake acquisition

Botswana De Beers stake acquisition talks expand as Botswana engages UAE and Oman for backing amid Anglo American exit from De Beers.

Timilehin Adejumobi Timilehin Adejumobi
Gold nuggets.
Hot NewsBusiness

Ghana set to ramp up gold purchases as mining rules tighten for foreign firms

Bank of Ghana to buy 30 percent of miners’ gold output from June 1 to boost reserves, stabilize currency, and expand local refining.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
Hot NewsBillionairesBusiness

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

Africa’s first Black billionaire Patrice Motsepe says public-private partnerships are improving South Africa’s mining output and investor confidence.

Omokolade Ajayi Omokolade Ajayi
Tanganyika Province in the Democratic Republic of the Congo, a mineral-rich region contributing to the country’s mining-driven economic expansion.
Hot NewsBusiness

World’s top cobalt producer, Congo, unveils $100 million US-backed guard for mine security

Congo launches $100 million US-backed mining security unit to strengthen oversight of cobalt and copper production sites.

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
BusinessHot News

Ghana orders Newmont, AngloGold, Zijin to hand mining work to locals by December 2026

Regulators in Ghana direct Newmont, AngloGold Ashanti and Zijin Mining to shift operations to local contractors by December 2026.

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
BusinessHot News

U.S., China push Ghana to halt gold royalty hike amid miner backlash

U.S. and China urge Ghana to reconsider gold royalty hike as miners warn higher rates could hurt Africa’s top gold producers.

Omokolade Ajayi Omokolade Ajayi
African Rainbow Minerals profit
Hot NewsBusiness

Patrice Motsepe steps down from ARM executive duties under new JSE rules

South African billionaire Patrice Motsepe steps down from ARM executive role, stays as chairman.

Omokolade Ajayi Omokolade Ajayi