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News In Brief

Merafe takes payout to R1bn as chrome drives record earnings

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MERAFE Resources posted a record full year profit on the back of "elevated" chrome sales and despite a 14.5% decrease in the average ferrochrome...

Sibanye-Stillwater concludes $155.9m Reldan recycling deal

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SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business. "The addition of Reldan, at...

Copper 360 signs new offtake for Nama Copper plant deal

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COPPER 360, a Johannesburg listed miner and development company, announced on Tuesday it had adjusted the terms of a previously announced R200m acquisition of...

Froneman appoints former colleague to run uranium M&A

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SIBANYE-Stillwater's plans to sell or joint venture its uranium reserves have been given a boost with the appointment of industry veteran Greg Cochran, a...

UAE firm attempts to gatecrash Lubambe Copper sale

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A UNIT of International Holding Company, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JCHX...

Mafube lifex project in doubt after JV hits licensing problems

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THE future of the Mafube coal mine in South Africa's Mpumalanga province has been thrown into doubt after the government turned down its application...

Harmony boosted by ‘prescribed status’ for Eva Copper

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HARMONY Gold said its Eva Copper had been declared a prescribed project, a development that boosts its chances of receiving permitting approvals. Australia's Queensland administration...