RBPlat given R10bn price tag
Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.
Xstrata to fork out R4.9bn on smelter
UK-based Xstrata has dusted off plans to expand its Lion ferrochrome operation, saying it is confident electricity supply will be guaranteed.
Metallurgical coal may eventually join list of fuel sources with no...
IF nickel, copper, cobalt, manganese and even vanadium are winning minerals in the new world order of carbon neutrality, then there must be some...
Platinum deficit to narrow in 2017 but WPIC bullish long-term
THE deficit in the platinum market is forecast to narrow in 2017 to some 120,000 ounces (2016: 270,000 oz), according to the World Platinum...
CNMC to start copper mine
China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.
Pallinghurst wins 61% support for controversial Gemfields bid
PALLINGHURST Resources has claimed enough support to make its $150m all-share offer for Gemfields unconditional with just over 60% of total shareholders in the...
Implats to offer voluntary job cuts as PGM price weakness bites
IMPALA Platinum (Implats) said it was offering voluntary job cuts to workers at some of its platinum group metal (PGM) shafts in South Africa,...
Acacia buys $3.2m in put options to protect remaining revenue
ACACIA Mining sought to further minimise the impact of an export halt on minerals in concentrate from its Bulyanhulu and Buzwagi mines in Tanzania...
US sanctions on Russia boost nickel and aluminium prices
The beneficial fallout on certain commodities from US sanctions on giant Russian aluminum producer Rusal - and possible action against Norilsk Nickel - ...
Resgen thermal coal project Boikarabelo gets crucial jumpstart as second lender...
RESOURCE Generation (Resgen) was close to finalising the last major piece in the funding puzzle for Boikarabelo, a thermal coal mining project, after a...