Canada mulls C$400m Teck metals investment
CANADA has proposed a potential equity-style investment of up to C$400m ($281.93m) in Teck Resources to help expand the company's Trail Operations facility in...
Sibanye-Stillwater will look to Africa for new gold output
SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future.
"I can speculate on where I...
Citi joins elite club of gold clearing banks
CITIGROUP has become the first new member in a decade to join the elite group of banks clearing physical gold and silver in London,...
US set to approve South32’s Arizona zinc mine
THE Trump administration is expected to approve South32's $2bn Hermosa zinc and manganese project in Arizona this week, with the US Forest Service set...
Gemfields shares hit record low after CEO exit
SHARES in Gemfields, the JSE-listed coloured-gemstone producer, sank to an all-time low this week, deepening investor unease about the company's turnaround prospects following the...
Thungela ices M&A to focus on “market confidence”
THUNGELA Resources has taken its foot off the diversification pedal telling analysts and investors last week that it was focusing on improving operational performance.
"Our...
Mining’s slow burn exposure to Middle East conflict
THE memorandum of understanding (MoU) signed between the US and Iran appears to have brought a relative calm to the Middle East, the occasional...
Congo cobalt exporters face R1.1bn losses from glitch
LEADING cobalt producers operating in the Democratic Republic of Congo could forfeit portions of their first-half export allowances after a technical fault hit a...
Gold to benefit as ‘natural buyers’ re-enter the market
IT was all going so well. Too well, really. Having ended 2025 at $4,339 an ounce, gold went on a tear in January, surging...
Even gold’s biggest backer is hedging its bets
GOLD'S first half of 2026 has been a study in contrasts. The metal set 12 record highs during the first six weeks of the year,...