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Rand Faces a Volatile Week

JOHANNESBURG- The rand had a bit of a reprieve on Friday with the US dollar coming under pressure and could continue to be under...

BHP Holds Steady Amid Nickel Downturn

BHP has unveiled its half-yearly report for the 2023–24 financial year (H1 FY24), painting a promising picture for its prospects. The mining giant reported an...

EU’s Ukraine Aid Blocked by Hungary Amid Membership Talks

Hungary's blockage of a crucial European aid package for Ukraine, right after EU leaders agreed to initiate membership talks with Kyiv, has created significant...

Zimbabwe’s Biggest Oil Mogul Pounces on Bindura Nickel Corporation

HARARE – Zimbabwe’s biggest oil mogul and top advisor to President Emmerson Mnangagwa, Kuda Tagwirei has snatched 74 % shareholding in the country’s largest nickel operation,...

First Quantum Minerals Invests US$1.6 Billion in Zambia

Renewed confidence in Zambia’s investment climate has prompted Zambia’s largest copper miner to unveil a trailblazing US$1.35 billion package of new projects. "First Quantum Minerals,...