Tin surge helps Alphamin to record earnings but fuel hike looms
A BUOYANT tin price helped Congo miner Alphamin to record earnings in the March quarter in which it also generated $128m in cash.
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Iron ore slips on signs of BHP-China thaw
IRON ore prices fell to their lowest in a month after reports emerged that BHP Group's incoming CEO had visited Beijing, raising hopes that...
Trafigura strikes Ghana gold offtake and financing deal
COMMODITY trading house Trafigura Group has agreed to purchase 700,000 ounces of gold doré from Ghana's Heath Goldfields and provide $65m in debt, Bloomberg...
Barrick shifts focus to M&A in less risky jurisdictions
BARRICK Mining Corp is pivoting away from riskier operating environments and returning to mergers and acquisitions, said Bloomberg News on Thursday citing a letter...
AngloGold, Gold Fields make ground on North American rivals
OUTPUT declines at North America's three largest gold producers are allowing mining companies in other regions to close the gap in global production rankings,...
World Bank cuts Sub-Saharan Africa growth forecast
THE World Bank has lowered its 2026 growth forecast for Sub-Saharan Africa to 4.1%, unchanged from 2025 and down from the 4.4% it projected...
Froneman says crime “single biggest” threat to SA economy
CRIME isn’t just an inconvenience to doing business, it’s the "single biggest issue we have to address" if South Africa is serious about economic...
Deep-sea miner targets $1bn Odyssey merger
AMERICAN Ocean Minerals (AOM), a deep-sea mining company chaired by former Rio Tinto CEO Tom Albanese, has agreed an all-stock merger with Odyssey Marine...
Zimbabwe sets conditions for lifting lithium export ban
ZIMBABWE will impose export quotas on lithium concentrates and require producers to commit to local processing facilities before it lifts a suspension on unprocessed...
Zambia copper rail link to cost up to $5bn
A RAILWAY linking Zambia's copper belt to the Angolan port of Lobito will cost between $3bn and $5bn including rolling stock, said Bloomberg News...