Zijin ditches Allied Gold takeover for $295m stake instead
CHINA'S Zijin Gold International has abandoned its proposed takeover of Allied Gold, opting instead to take a $295m stake in the Canadian miner.
A combination...
Glencore trading profit surges on Middle East war
GLENCORE'S earnings from trading commodities roughly doubled in the first half of the year, as the Israel-Iran conflict supercharged profits across the world's biggest...
Valterra Platinum to pay R15.1bn bumper interim dividend
VALTERRA Platinum followed up a special dividend at its year-end results in February with another handsome payout saying on Wednesday it would dish out...
Petra Diamonds secures R300m loan amid Finsch rescue
PETRA Diamonds said it had secured R300m from a senior lender for working capital while it finalised business rescue for its currently suspended Finsch...
Zambia pushes pan-African minerals exchange
ZAMBIAN President Hakainde Hichilema is championing plans for a pan-African minerals and metals exchange, aimed at helping resource-rich nations capture more value from their...
US backs Madagascar rare earths project
THE US State Department has confirmed support for the Ampasindava rare earths development in Madagascar, part of a broader effort to reduce reliance on...
Harmony refinances loans, adds Aussie facility
HARMONY Gold said on Tuesday it had concluded new loan deals, including a facility in Australian dollars, in order to cater to its expansion...
Kumba holds guidance despite costs, price pressure
KUMBA Iron Ore left production and cost guidance for the 2026 financial year unchanged despite being buffeted by freight and mining cost escalation in...
Chrome ore proves more profitable than ferrochrome for Merafe
MERAFE Resources is a far more profitable chrome ore miner than producer of ferrochrome based on its interim trading statement published on the JSE...
Sundance wins $616m arbitration award against Cameroon
AUSTRALIAN miner Sundance Resources has won an International Chamber of Commerce arbitration dispute with Cameroon, securing roughly $616m in damages, interest and costs linked...