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Jinchuan lays out strategy for Metorex

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Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Nickel pain forcing miners to consider production cuts

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BHP is considering options for its nickel operation amid a sharp price correction for the metal last year and warned it could write down...

Mozambique coal boom caught UN off guard

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The emergence of Mozambique's Tete province as the epicentre of coking coal exploration had left the local economy short, said the UN which acknowledged it had been caught off guard.

Platinum market to run into 670k oz surplus as investment demand...

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THE platinum market is expected to run into a 670,000 oz surplus in 2020 as record investment demand for the metal this year was...

Kenmare cautiously optimistic impact of COVID-19 pandemic on ilmenite demand limited

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KENMARE Resources was cautiously optimistic exports of ilmenite to China would be relatively undisturbed by the COVID-19 pandemic. "Industry has restarted again. All the pigments...

Resolute announces departure of CEO, John Welborn, saying seeking operational improvement

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IN a surprise development, John Welborn has stepped down from Resolute Mining, the Sydney and London-listed mid-tier gold producer of which he was CEO...

Pan African Resources bucks the trend

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Over the last 12 months the gold index has shrunk about 13%, but Pan African Resources, run by former Harmony Gold manager Jan Nelson, has moved the other way, gaining about 61%.

Shanduka raises coal stake

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Shanduka Group has concluded a widely expected transaction which will see it increasing its stake in Shanduka Coal to a controlling one.

Resgen signs R700m rail link terms with Harith in major boost...

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RESOURCE Generation (Resgen) today announced details of a proposed R700m debt and equity funding agreement to build a 44km rail link from its proposed...

Barrick agrees to lift offer for Acacia as GoT new export...

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BARRICK Gold has improved its offer for the shares of minority shareholders in Acacia Mining after taking into consideration the value of certain of...