Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over...
Copper 360 in new turmoil after CEO takes “leave of absence”
COPPER 360, the Northern Cape miner, said on Friday it had appointed a "transitional" CEO after Graham Briggs - in the job for eight...
BHP unveils collaboration with Govt on minerals data
THERE is a definite air of forward momentum in South Africa's much ignored minerals exploration sector. On the back of a R600m commitment from...
US deal on Glencore mines paves way for new mining house
A US government-backed consortium's plan to buy 40% of Glencore's copper-cobalt operations in Democratic Republic of Congo could create a vehicle for further mining...
It’s time Govt. stepped up to global mining challenges
EVERY year, for the past few decades, the world’s mining heavyweights have come to South Africa at the beginning of February, expressed their displeasure...
Rio, Glencore terminate merger talks over lack of premium
RIO Tinto terminated merger discussions with Glencore on Thursday after refusing to offer a control premium for the Swiss headquartered business.
In its announcement, Rio...
10 years later, Lily Mine disaster victims still waiting closure
ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the...
Barrick gives green light to IPO of North American mines
BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...
Anglo considers third impairment of De Beers
ANGLO American said on Thursday it was considering yet another impairment of its diamond business De Beers – its third in the last three...
Valterra makes hay to take edge off tricky maiden year
VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces.
The increase was a...