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Chile's State-owned Codelco, the world's largest copper producer, announced on Tuesday the resignation of its CEO Andre Sougarret. Sougarret will remain in his post until August 31, according to a company statement. Complexities in managing a state mining company in "current times and circumstances" are among the reasons for Sougarret's resignation cited in the statement.
Merafe Resources has been approved for a secondary listing on the A2X and its shares will start trading on the exchange from June 21. The company will retain its primary listing on the JSE.
To continuously improve its service offering and align with customer needs, software solutions giant AVEVA says it is going increasingly “hybrid” across the board with its services, meaning capabilities of both on-premise and cloud-based systems are being extended. The company’s main goal is to reduce the amount of time spent finding data or coming to actionable insights, since organisations increasingly have to improve on their speed of operation, transformation and decarbonisation to remain competitive.
Like a diamond itself, diamond investment in South Africa is having a ‘forever’ tag pinned on its back as the world’s largest diamond company by value speaks glowingly of its $2-billion investment that is turning South Africa’s Limpopo province into one that hosts the world’s most advanced underground diamond mine, and how Gauteng province is progressively laying on sparkling local beneficiation consolidation in the promising Gauteng Industrial Development Zone. De Beers has been investing in South Africa since 1888 and Al Cook, the upbeat new CEO of the De Beers ...
Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders planned around the Nordic country, which has a target to become carbon neutral in 2045. Expanding its fleet of offshore wind farms is vital to achieving the goal.