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Zelenskiy stake in Northam Platinum is fake news

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A VIDEO circulating on social media claiming Ukrainian President Volodymyr Zelenskiy purchased a majority stake in Northam Platinum is fake news, said Reuters citing...

Gold Fields concludes $750m notes offering

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GOLD Fields said on Tuesday it had concluded its $750m notes offering, the proceeds of which will be used to repay a bridge facility...

Gold Fields to do more to tackle ‘production cliff’ narrative

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MINING executives are fond of claiming to follow value over volume strategies. In practice, they hardly ever do it. Why is this? Mines, otherwise known...

Singapore’s Abaxx Exchange to launch new gold contract

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SINGAPORE-based startup Abaxx Exchange is launching a new physical gold contract next month, seeking to challenge London and New York's grip on the global...

Menar buys Springlake anthracite colliery

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MINING investment company Menar has bought Springlake Colliery, an anthracite mine previously owned by Mylotex after the operation was placed under business rescue. The acquisition,...

Orano files lawsuit over Niger staff detention, asset seizures

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FRENCH uranium company Orano has initiated legal action in Niger courts, citing "arbitrary arrest, illegal detention and unjust confiscation of property" of its staff...

Exxaro to buy manganese assets from Ntsimbintle for R11.67bn

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EXXARO Resources on Tuesday announced an agreement to buy manganese assets in South Africa's Northern Cape, principally from Ntsimbintle Holdings which owns 50.1% of...

Alphamin registers first tin from Bisie since restart

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ALPHAMIN Resources Corp. said on Monday it had restarted production at its Bisie tin mine in the Democratic Republic of Congo. The mine produced 1,290...

PTM restores BEE with $1m share issue to HCI

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PLATINUM Group Metals (PTM) is to issue 800,000 shares to its major shareholder Hosken Consolidated Investments Limited (HCI). The share issue, priced at $1.26 per...

South32 poaches new CEO from Anglo American

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SOUTH32 has appointed Matthew Daley, an Anglo American executive with extensive copper experience, as its new CEO to succeed Graham Kerr, who has led...