South32 looking at “various options” with Mozal stake
SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation...
West African miner Perseus extends buy-back
SHARES in Perseus Mining surged over 8% on Monday after the West African gold miner approved a A$50m increase in its share buy-back programme.
This...
Zimbabwe’s Mutapa plans to double gold output by 2029
ZIMBABWE'S state-owned Mutapa Gold Resources plans to double annual production to 220,000 ounces by 2029, backed by funding secured for expansion projects at two...
US-Abu Dhabi fund eyes stake in troubled Eramet
A MINING investment fund backed by the US and Abu Dhabi is in early discussions about acquiring a stake in Eramet, the troubled French...
Randgold pursues Gold Fields over Kebble-era share theft
ON the night of September 27 2005, Brett Kebble climbed into his silver-grey Mercedes-Benz S600 and drove into the Johannesburg dark. Near a bridge...
Gold falls to six-month low on multiple headwinds
GOLD dropped to a six-month low on Thursday, pressured by Middle East tensions, rising US interest rate expectations and the looming SpaceX initial public...
Asian energy squeeze drives coal demand surge
COAL is emerging as an increasingly attractive energy alternative for Asian countries scrambling to replace disrupted oil supplies following the effective closure of the...
Iran war tightens industrial metals supply outlook
A MAJOR squeeze is emerging across industrial metals markets as the ongoing US-Israeli war against Iran compounds structural supply shortfalls, said the Financial Times...
The coal miner that looks cheap until you read the small...
COAL mining group Salungano, which was long in limbo, is finally making money again – it’s just that it owes R2.2bn in mine closure...
When it comes to gold, look past the obvious
EVERYBODY is asking me about gold. Specifically, why isn’t gold running higher? It started the year at $4,300 and went on a mad rush...