Zimbabwe licenses second gold refinery in Bulawayo
ZIMBABWE has licensed a second gold refinery to process the country's rising precious metals output, with the facility set to be commissioned in Bulawayo...
Consortinum led by ex-De Beers boss leads race to buy miner
A CONSORTIUM led by Gareth Penny, the former CEO of De Beers, has emerged as the frontrunner to acquire the world's largest diamond miner...
Central banks likely to increase gold reserves in next 12 months
SENTIMENT towards gold remains high among central banks, according to a World Gold Council survey published today which said official sector purchases were likely...
Singapore to launch OTC gold clearing system
SINGAPORE will launch an over-the-counter gold clearing system before year-end and establish a central bank vault service, as the city-state pushes to position itself...
Lobito rail resumes copper runs from Congo
LOBITO Atlantic Railway has received its first copper shipment from the Democratic Republic of Congo since restoring a flood-damaged section of track, resuming traffic...
G7 divided on US proposal for critical minerals price floor
TALKS among G7 members over price supports for critical minerals have stalled, with European allies resisting a US proposal which uses an artificial intelligence...
South32 looking at “various options” with Mozal stake
SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation...
West African miner Perseus extends buy-back
SHARES in Perseus Mining surged over 8% on Monday after the West African gold miner approved a A$50m increase in its share buy-back programme.
This...
Zimbabwe’s Mutapa plans to double gold output by 2029
ZIMBABWE'S state-owned Mutapa Gold Resources plans to double annual production to 220,000 ounces by 2029, backed by funding secured for expansion projects at two...
US-Abu Dhabi fund eyes stake in troubled Eramet
A MINING investment fund backed by the US and Abu Dhabi is in early discussions about acquiring a stake in Eramet, the troubled French...