Valterra Platinum owed $100m by Zimbabwe
SOUTH Africa's Valterra Platinum is owed $100m in unpaid export proceeds by Zimbabwe's government even as Harare has begun making partial payments to clear...
Zambia to build ‘rainy day’ fund while metals surge
ZAMBIA will use bumper mining revenues to establish a stabilisation fund in order to protect its budget against a retreat in copper prices, said...
Zimbabwe halts all raw mineral and lithium concentrate exports
ZIMBABWE has imposed an immediate ban on exports of all raw minerals and lithium concentrates, said Reuters citing a mines ministry announcement on Wednesday.
Reuters...
Valterra spritzes up maiden year with R5.3bn special dividend
VALTERRA Platinum is to pay shareholders a special dividend of R5.3bn – R20 per share – taking its final dividend for the 2025 financial...
SA bank says gold to end above $6,000/oz this year
SO how do your economic projections play against those of the experts? This was the subject of a fun "View from the Room" session...
Glencore buys cobalt hoard for US defence stockpile
GLENCORE has agreed to purchase nearly 2,000 tons of cobalt from industry veteran Rami Weisfisch in a deal worth close to $115m at current...
US set to ease steel and aluminium tariff scope
THE US is expected to narrow the range of goods subject to its 50% tariff on products containing steel and aluminium within weeks, said...
DRC replaces top officials at state mining company
THE Democratic Republic of Congo's president has replaced the chairman and CEO of state-owned mining company Gecamines, which holds stakes in copper and cobalt...
ICCM says government policy has tightened the metals cycle
THE energy transition and its critical minerals supply chain has put mining into the orbit of government policy – with important consequences for the...
DRDGold moots plan to buy Sasol’s cyanide facility
DRDGOLD CEO Niël Pretorius has highlighted the danger posed to South Africa’s gold producers by shortages of sodium cyanide produced by Sasol which is...