Canada moves to save Glencore’s Quebec copper smelter
THE Canadian and Quebec governments are working to prevent the closure of Canada's only copper smelter after Glencore threatened to shut the facility unless...
Congo deepens China mining ties amid US rivalry
THE Democratic Republic of Congo has signed an agreement with China to deepen cooperation in its mining sector, as Beijing moves to consolidate its...
Vedanta set for five-way split next month
INDIAN resources conglomerate Vedanta will be broken up into five separately listed companies early next month, said the Financial Times.
Citing Vedanta founder and chair...
There’s more to Exxaro price surge than energy security
SHARES in Exxaro Resources ran to a three year high this week and were not far short of their five-year high, reached in 2022....
US takes stake in graphite miner Syrah Resources
THE US International Development Finance Corporation (DFC) is converting a $31m loan to Australian graphite producer Syrah Resources into equity, giving Washington a roughly...
Farewell but not goodbye to ‘GlenTinto’, analysts say
THE failure of Rio Tinto and Glencore to agree on a proposed $240bn merger in February was, as one prominent bank described it, met...
Barrick slows Reko Diq on security fears
BARRICK Mining is extending its review of the Reko Diq copper-gold project in Pakistan and slowing development activity, citing escalating security concerns in the...
AngloGold to call $3.6bn US project study in June
ANGLOGOLD Ashanti said on Thursday a prefeasibility study of its cornerstone greenfields project Arthur confirmed average annual production of 500,000 ounces a year to...
SA’s new BEE ‘review’ a stinging test of political courage
WHEN it comes to BEE sceptics, there are few more vociferous than Moeletsi Mbeki, a man who, as the son of Govan Mbeki and...
Rio Tinto exits diamonds after half a century
RIO Tinto has closed its last diamond mine, ending more than 50 years in the business as the world's second-largest miner sharpens its focus...