Business News

Volkswagen chasing its own American Dream

Volkswagen is to invest some $7 billion in North America over the next five years

Total invests in UK shale gas projects

The French oil giant becomes the first major to commit to shale gas development in the UK, while the government introduces incentives to local councils

Centamin buoyed by 2013 production results

Shares in Egyptian gold producer Centamin plc have risen on the news that the company beat its 2013 guidance by twelve percent

Glencore Xstrata grows its stake in Mutanda Mining

Glencore Xstrata has paid $430 million in cash to increase its indirect interest in the Democratic Republic of the Congo (DRC) copper miner Mutanda Mining

Skills growth will be vital to the future of AustraliaÔÇÖs natural resource sectors

A report by the Australian Workforce and Productivity Agency (AWPA) concludes that, while Australia’s mining boom may be over, the industry still plenty of growth potential

Mexico to open up its oil and gas deposits to foreign investment

Mexico’s Senate has approved a landmark measure that represents the biggest change to the country’s oil and gas industry for 75 years

GEG to expand into the mining sector following Australian acquisition

Scottish oil and gas services giant, Global Energy Group (GEG), has eased itself into the mining industry by purchasing the Australian arm of Cunningham Construction

Country Bird Holdings (CBH)

Country Bird Holdings (CBH) is a fully integrated poultry company with breeder facilities, hatcheries, broiler sites and processing plants and feed mills: a leading brand in South Africa, its sights are set on growing markets across the continent

Petroplan ventures into Africa

Global oil and gas industry recruiter Petroplan is to open its first African office in South Africa

SothebyÔÇÖs tickled pink by record diamond sale

History was made this week with record price for a gemstone shattered in Geneva

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