SA’s newest gold mine summons Joburg’s colourful history
SOUTH Africa’s gold industry has been dwindling for years. Once supplying 83% of all production outside the Soviet bloc, the country doesn’t feature in...
Activist investor emerges as candidate for Barrick role
ACTIVIST investor Mick McMullen has positioned himself as a contender for the CEO position at Barrick Mining, telling The Globe and Mail that major...
US rare earths group to build Saudi facility
MP Materials is teaming up with the US defence department and Saudi Arabia's state mining company to build a rare earths processing plant in...
Miners search for scale in era of minerals diplomacy
The dial has been turned up in the global mining industry. New mines worth an estimated $5-trillion are required over the next 10 years...
Chinese premier visits Zambia after 28 years
CHINESE Premier Li Qiang will arrive in Lusaka on Wednesday for the first visit by a Chinese premier to Zambia in 28 years, as...
Glencore warns EU new rules put cobalt supply at risk
GLENCORE and Umicore are among smelting and refining firms that have warned the European Union proposed regulations on cobalt exposure could devastate the region's...
Barrick overhauls management amid break-up rumours
BARRICK Mining is implementing a management overhaul and restructuring its regional operations as activist investor Elliott Investment Management acquires a significant stake in the...
Platinum to be in balance next year as investors flee ETFs
PLATINUM will be in balance in 2026 ending three consecutive years of supply deficit owing to higher recycling and as investment demand falls 52%,...
Glencore-Merafe starts retrenchments at ferrochrome smelters
RETRENCHMENTS will commence at the idled Wonderkop and Boeshoek smelters in South Africa, operated by the Glencore-Merafe Chrome Venture.
Some employees at Glencore's Alloys division...
Elliott stake fuels Barrick restructure talk
ACTIVIST investor Elliott Management has acquired a substantial position in Barrick Mining, intensifying speculation that the world's second-largest gold producer could pursue a corporate...