Author: Business Enquirer
A Year of Record Financial Performance AngloGold Ashanti PLC, a global gold mining leader, has reported an exceptional financial performance for 2024. The company’s latest earnings report reveals remarkable growth in free cash flow, Adjusted EBITDA, and shareholder dividends, driven by strong operational efficiencies, strategic acquisitions, and a favorable gold market. Key financial highlights from AngloGold Ashanti’s 2024 report include: These financial achievements were supported by the strategic acquisition of Centamin, which added the Sukari mine to AngloGold Ashanti’s portfolio. Improved operational performances across multiple mines also contributed significantly to this record-breaking year. A Focus on Shareholder Returns In addition…
As the global economy continues to transition towards sustainability, the demand for critical metals has surged. These metals are vital for the renewable energy industry, particularly for electric vehicles (EVs), solar power, and wind technologies. Orion Minerals Limited, an Australian-based diversified metals exploration and development company, is positioned to play a significant role in this shift, thanks to its forward-thinking projects in South Africa’s Northern Cape and the visionary leadership of its Managing Director and CEO, Errol Smart. Orion Minerals’ flagship project, the Prieska Copper-Zinc Mine (PCZM), exemplifies the company’s strategic focus on providing the metals essential for the green…
South Africa’s mining industry is a crucial pillar of its economy, supporting nearly half a million jobs and contributing significantly to infrastructure, export revenue, and energy generation. Among the key players driving this sector forward is Exxaro Resources Limited (Exxaro), a diversified mining and energy company with a strong commitment to sustainability and economic empowerment. Listed on the Johannesburg Stock Exchange (JSE) Top 40 Index and the Socially Responsible Investment Index, Exxaro has positioned itself as a leader in responsible mining, innovation, and community development. As South Africa transitions to a low-carbon economy, Exxaro’s role in ensuring a sustainable and…
Liverpool Football Club is renowned for its illustrious history, legendary players, and devoted fanbase. However, beyond the pitch, the club is forging a new legacy—one rooted in sustainability, diversity, and community impact. At the heart of this endeavour is the Red Way, Liverpool FC’s pledge to create a better future for its people, planet, and communities. To explore this transformative programme in greater depth, we spoke with Rishi Jain, Director of Impact at Liverpool FC, who shared the pillars, successes, and aspirations of The Red Way. The Red Way: Three Pillars of Impact “The driving force of The Red Way…
Kamoa Copper S.A. is a prominent name in the global copper industry, recognised for its exceptional mining operations and unwavering commitment to responsible and sustainable practices in the Democratic Republic of Congo (DRC). The company is not simply engaged in the extraction of minerals; it is dedicated to innovating and collaborating closely with local communities to create a promising future for the region. As one of the largest copper mining projects in the world, Kamoa Copper stands out as a beacon of progress in the mining sector. A Big Step for Local Empowerment A significant milestone achieved by Kamoa Copper…
Tanmiah Food Company, a leading pillar of the Middle East’s food industry, continues to evolve and strengthen its position as a key player in the region. Since its establishment in 1962, Tanmiah has become one of the most recognisable names in the Middle East’s poultry and meat production sector. As we move into 2025, Tanmiah is not only expanding its range of products but also making progress in areas like sustainability, local food security, and regional growth, all while meeting the increasing demand for halal food. A Leader in Poultry and Meat Production Tanmiah has long been well known for…
When it comes to household cleaning, innovation and sustainability are becoming increasingly crucial. Astonish has emerged as a beloved brand that combines both elements with quality and affordability. Founded in the early 1980s, Astonish’s journey from a small family business to an internationally recognised brand is a testament to its commitment to meeting the evolving needs of consumers. We sat down with Managing Director Howard Moss to explore the company’s rich history, core values, innovative product range, and how Astonish has navigated industry changes while remaining focused on sustainability. The Origins of Astonish Astonish was formed in the early 1980s…
The dreamy vanilla-producing, baobab tree-fringed island of Madagascar is home to lemurs and famously the subject of a blockbuster Hollywood cartoon franchise. But it is also characterised as one of the Least Developed Countries of the world and one of the most biodiverse. Which is where Groupe Filatex comes in with its mission to develop and grow the economy to the benefit of all stake holders. Including the lemurs. Groupe Filatex is a family owned and operated group of companies which have been working in Madagascar since 1978. Hasnaine Yavarhoussen is the current Chief Executive Officer and joined the company,…
It is said that from small acorns great oaks grow, and that is true to the story of growth at Dangote Group (Dangote), founded by its namesake, Aliko Dangote. Initially established in bulk commodity trading in the 1970’s, Dangote is a diversified and fully integrated conglomerate with vibrant operations across a wide range of sectors including cement, sugar, salt, condiments, packaging, energy, port operations, fertiliser, and now, Petroleum Refinery and Petrochemicals. By investing its profits in its next venture to provide self-reliance in Nigeria, Dangote boasts: The world’s largest flour milling capacity; under one ownership; The world’s largest polypropylene bag…
Al-Masane Al-Kobra Mining Company (AMAK), one of Saudi Arabia’s largest publicly listed mining companies, has made remarkable strides since its inception, contributing significantly to the Kingdom’s mining industry. In an interview with Geoff Day, CEO of AMAK, we explored the company’s rich history, growth, and future aspirations as it aligns with Saudi Arabia’s Vision 2030. AMAK’s Journey: From Discovery to a Major Mining Player AMAK’s story began in 1967 when mineral deposits were discovered during an airborne geophysics survey of the Arabian Shield. “This discovery laid the foundation for what has become one of Saudi Arabia’s largest mining companies,” explained…