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Perseus aborts takeover of Predictive Discovery

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PERSEUS Mining terminated its A$2.1bn takeover proposal for Predictive Discovery, the company said on Thursday. This was after Canada's Robex Resources exercised its right to...

Rainbow Rare Earths share hit by Trump, Ramaphosa fallout

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RAINBOW Rare Earths said its share price had been negatively affected by the deterioration in relations between South Africa and the US. "I think the...

Anglo, Teck shareholders give green light to merger

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THE merger of Anglo American with Teck Resources hit a critical milestone on Tuesday evening after shareholders in both companies supported their combination, to...

Thungela warns of impairment as coal price flags in 2025

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THUNGELA Resources raised the prospect of impairing assets following a year of lower coal prices in 2025, and despite a strong production and cost...

SA smelters to re-open after Eskom agrees to talks

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ESKOM has agreed to enter into talks for a new electricity tariff that will see South African smelters reopen, on a limited basis, and...

Anglo withdraws executive bonuses ahead of Teck vote

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ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...

What’s behind Mantengu’s crusade against the JSE?

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FOR a junior miner barely two years into its listed life, Mantengu has found itself at the centre of an extraordinary saga — one...

Marula Mining plans to build gold refinery in Tanzania

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JASON Brewer, CEO of Marula Mining, is the type of mining speculator Johannesburg was built on. But it was in Perth that the UK-born...

Glencore to reopen Alumbrera as targets 1.6mt/y in copper output

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GLENCORE annnounced today the restart of its Alumbrera mine in Argentina by late 2026 as it sought to give fresh momentum to its struggling...

Perseus makes A$2.1bn swoop for Predictive Discovery

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PERSEUS Mining sought to add the 292,000 ounce Bankan gold project in Guinea to its growing portfolio of African mines after proposing on Wednesday...