Bushveld Minerals warns about suspension of operations as liquidity crunch worsens
Cash-strapped vanadium producer Bushveld Minerals may have to suspend operations because of a liquidity crunch and must secure further funding in the coming weeks...
US firm in A$375m swoop for Base Resources’ Toliara
US-based uranium and critical minerals producer Energy Fuels is making an A$375m takeover bid for ASX-listed Base Resources which owns the Kwale heavy mineral...
Sibanye closes the loss-making 4B shaft at Marikana but minimises job...
Sibanye Stillwater is to close the 4B shaft at its Marikana platinum operations near Brits affecting 1,496 employees and 54 contractors some five years...
The global rough diamond market continues its gradual recovery but it’s...
The gradual recovery in the rough diamond market noted by De Beers in January and March has continued with a further rise in diamond...
PGM shares to remain capped by oversupplied market, say analysts
RECENT price strength in platinum shares on the Johannesburg Stock Exchange is "purely speculative" according to mining equities analyst at Standard Bank Group Securities,...
Platinum shares take off leaving pessimistic investors trailing in their wake
The recent and sudden surge in platinum share prices has caught investors by surprise and, according to Noah Capital Markets analyst Rene Hochreiter, has...
De Beers chops its production forecast for 2024 as the diamond...
De Beers has chopped its rough diamond production forecast for 2024 by about 10% dropping it to between 26m and 29m carats from the...
SA’s coal exporters are now buying spare parts for Transnet’s locomotives...
The Richards Bay Coal Terminal (RBCT) is buying spare parts to maintain Transnet’s locomotives as part of the coal industry co-operation effort to improve...
Gold storms to new high as Middle East tensions mount
THE price of gold stormed to a fresh all time high as the safe haven asset was boosted by simmering Middle East tensions.
Bullion broke...
GoviEx pressured by Niger military junta to fast track the ...
The government of the Republic of Niger is putting heavy pressure on Canadian junior miner GoviEx Uranium to speed up development of its proposed...