Rio, Glencore terminate merger talks over lack of premium
RIO Tinto terminated merger discussions with Glencore on Thursday after refusing to offer a control premium for the Swiss headquartered business.
In its announcement, Rio...
10 years later, Lily Mine disaster victims still waiting closure
ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the...
Barrick gives green light to IPO of North American mines
BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...
Anglo considers third impairment of De Beers
ANGLO American said on Thursday it was considering yet another impairment of its diamond business De Beers – its third in the last three...
Valterra makes hay to take edge off tricky maiden year
VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces.
The increase was a...
Riskier but gold’s mid-tier and junior miners offer value
PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the...
Glencore in talks to sell DRC copper assets for $9bn
GLENCORE said on Tuesday it was in talks to sell a 40% stake in its copper and cobalt mines in the Democratic Republic of...
Harmony to hit interim guidance despite hiccoughs in Q2
HARMONY Gold said on Tuesday it would meet production guidance of between 1.4 to 1.5 million ounces for the first six months of its...
Happy days return for South Africa’s platinum industry
SOUTH Africa’s platinum industry is forecast to triple free cash flow to about R1.7bn this year, after a major uptick in fortunes for the...
Is Jubilee South Africa’s best copper play?
WITH the sale of Jubilee Metals’ South African chrome and platinum group metals assets now complete, the company is officially a pure-play copper story.
Just...