Congo cobalt exporters face R1.1bn losses from glitch
LEADING cobalt producers operating in the Democratic Republic of Congo could forfeit portions of their first-half export allowances after a technical fault hit a...
Gold to benefit as ‘natural buyers’ re-enter the market
IT was all going so well. Too well, really. Having ended 2025 at $4,339 an ounce, gold went on a tear in January, surging...
Even gold’s biggest backer is hedging its bets
GOLD'S first half of 2026 has been a study in contrasts. The metal set 12 record highs during the first six weeks of the year,...
Copper helps drive investors back to Zambia after default
ZAMBIA'S mining, energy and agriculture sectors are drawing fresh investor interest as the country's fiscal consolidation takes hold following its emergence from sovereign default,...
AI minerals drive plans for Congo’s first stock exchange
THE Democratic Republic of Congo is developing plans for its first stock exchange, with the Kinshasa bourse potentially operational as early as next year,...
BEE’s gaming problem, not racism, is driving a backlash
AT the Nedbank Top Empowerment Conference in Sandton last month, trade, industry & competition minister Parks Tau addressed the criticism that broad-based BEE (BBBEE)...
Gold heads for worst quarterly performance in a decade
GOLD fell below $4,000 per ounce on Tuesday, heading for its worst quarterly performance in over a decade, as expectations of higher US interest...
Vedanta pulls copper unit’s US listing
VEDANTA Resources has postponed the New York stock market debut of its copper subsidiary CopperTech Metals, blaming volatile conditions in global mining equities, just...
South32 waiting for IDC to play hand in Mozal sale
SOUTH32 is waiting for firm proposals from minority shareholders in Mozal Aluminium before progressing recently hatched plans to sell the 370,000 ton a year...
South32 to sell aluminium assets to Alcoa for $4.1bn
SOUTH32 is to sell its aluminium assets, including South Africa's Hillside facilities but excluding the shuttered Mozal Aluminium in Mozambique, to Canada's Alcoa for...