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Implats in talks with Tharisa on $545m Karo project

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THARISA is in discussions to sell metals concentrate mined from its proposed $545m Karo Platinum mine in Zimbabwe to Impala Platinum (Implats). Discussions, which are...

ARM confirms bid to build Ngqura manganese terminal

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AFRICAN Rainbow Minerals (ARM), the Patrice Motsepe company, confirmed it was participating in a bid to build and operate a new manganese export facility...

Glencore backs Kazakh entrepreneur’s ERG stake bid

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GLENCORE has proposed an $800m pre-payment arrangement to help finance a little-known Kazakh entrepreneur’s $1.4bn bid for a 40% stake in Eurasian Resources Group,...

Friedland warns Africa copper at risk from Iran war

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IVANHOE Mines CEO Robert Friedland has warned that copper production across Africa faces serious disruption if the conflict in Iran continues beyond three weeks,...

Australia joins G7 minerals alliance in Canada pact

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AUSTRALIA and Canada have signed a series of agreements on critical minerals as part of  efforts among the West to reduce their dependence on...

Endeavour shareholder returns to double on gold price

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ENDEAVOUR Mining has reported a sharp rise in pretax profit and said total shareholder returns over the next few years are on track to...

Muller floats new “vehicle” for Eastern Limb platinum mines

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IMPALA Platinum (Implats) said the improved market for platinum group metals will support extension projects and prompt the company to explore cross-boundary cooperation with...

Implats doubles up on interim payout as cash surges

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IMPALA Platinum (Implats) rewarded shareholders on Thursday declaring in its results for the six months ended December a R3.7bn payout, equal to R4,10 per...

Gobalsamy says Omnia may build plants in the US

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SHARES in Omnia Holdings are 88% higher over the past five years driven by a strategy to focus on the group's explosives business through...

Afrimat cements its turnaround strategy

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AFRIMAT has built a reputation over the years for being able to turn difficult assets around. Time and again, the group has stepped into situations...