Merafe’s new power tariff ‘not a silver bullet’, warns Glencore
MERAFE Resources’ new 62c/kWh electricity tariff will help its ferrochrome business compete with Chinese producers, but it will not put the smelting business in...
Glencore joins battle for Cuba-linked cobalt refiner
GLENCORE has entered the contest to recapitalise Sherritt International, pitting the mining giant against a family office with ties to Donald Trump for control...
Southern Palladium awarded mining right for Bengwenyama
THE South African government awarded a mining right to Southern Palladium's Bengwenyama project, the exploration and development firm said today.
Johan Odendaal, MD of Southern...
Jubilee to sell Zambia copper tailings it bought last year
JUBILEE Metals has received two offers for its Large Waste Project, a copper tailings resource in Zambia it bought only last year for $18m.
Leon...
Congo probes uranium in cobalt exports
THE Democratic Republic of Congo has opened an investigation into uranium contamination found in cobalt shipments amid mounting pressure over the amount of the...
Barrick’s $1.95bn Newmont deal clears path to IPO
BARRICK Mining has cleared a significant hurdle ahead of its proposed North American IPO after reaching an agreement today with rival Newmont to expand...
Barrick’s North American IPO plan faces investor backlash
BARRICK Mining’s proposed IPO of its North American assets is facing opposition from several major shareholders, raising pressure on the Canadian group's chair, John...
Wia Gold lines up $360m deal for Kokoseb project
WIA Gold said on Monday it had signed indicative terms with Canada's Sprott to borrow $360m for construction of Kokoseb, a proposed 150,000-ounce-a-year gold...
Petra to sell Finsch after failing to save diamond mine
PETRA Diamonds is to close Finsch mine in South Africa's Northern Cape after business rescue practitioners found there was no way to save the...
Uranium from seawater: Froneman plans new mining firm
NEAL Froneman led the company he founded, Sibanye-Stillwater, for 13 years before abruptly announcing he would step down last year, aged 65. Those years...