Mozambique mining law risks deterring foreign investors
MOZAMBIQUE'S new requirement for the state to hold a 15% free-carry stake in all mining ventures risks deterring foreign investment, said Reuters citing the...
BHP shares slide on Jansen potash cost blowout
BHP shares posted their steepest single-day decline in 14 months on Friday after the world's largest miner flagged a $2.3bn writedown on its Jansen...
Pan African gold project draws investor interest
PAN African Resources said it had received offers from potential co-investors in a proposed underground gold expansion in South Africa.
The miner announced in February...
EU minerals policy a work in progress, says Sibanye boss
SIBANYE-Stillwater said the European Union was receptive to its proposals on a critical minerals policy but it would take time before the bloc imposed...
BHP takes $2.3bn writedown on Jansen potash
BHP will take a $2.3bn writedown on its Jansen potash project in Canada after the latest in a series of cost overruns pushed the...
G7 resolves to fight China metals dominance
GROUP of Seven leaders have agreed to deepen co-ordination to reduce their dependence on China for critical minerals, with plans to align stockpiling strategies...
KCM plans $317m coal power plant in Zambia
KONKOLA Copper Mines, a unit of Vedanta Resources, plans to build a $317m coal-fired power station in southern Zambia to address chronic electricity shortages...
Zimbabwe licenses second gold refinery in Bulawayo
ZIMBABWE has licensed a second gold refinery to process the country's rising precious metals output, with the facility set to be commissioned in Bulawayo...
Consortinum led by ex-De Beers boss leads race to buy miner
A CONSORTIUM led by Gareth Penny, the former CEO of De Beers, has emerged as the frontrunner to acquire the world's largest diamond miner...
Central banks likely to increase gold reserves in next 12 months
SENTIMENT towards gold remains high among central banks, according to a World Gold Council survey published today which said official sector purchases were likely...