Is Zimbabwe’s mining missing the train?
ZIMBABWE'S crumbling rail system may be worse than even South Africa’s. It is a huge stumbling block for its mining industry, raising transport costs...
Kenmare facing VAT hit after Mozambique springs tax surprise
SHARES in Kenmare Resources fell 7.5% on Monday after it said Mozambique had unilaterally sought to impose regulatory changes that could have negative tax...
Pan African to buy out Aussie JV partner in £163m deal
PAN African Resources announced on Monday it was to buy out its joint venture partner in its Australian Tennant Creek joint venture in an...
Motsepe says his best place is “outside politics”
PATRICE Mostepe, non-executive chairperson of African Rainbow Minerals (ARM), appeared to distance himself from a bid for the ANC presidency, saying he was better...
Implats in talks with Tharisa on $545m Karo project
THARISA is in discussions to sell metals concentrate mined from its proposed $545m Karo Platinum mine in Zimbabwe to Impala Platinum (Implats).
Discussions, which are...
ARM confirms bid to build Ngqura manganese terminal
AFRICAN Rainbow Minerals (ARM), the Patrice Motsepe company, confirmed it was participating in a bid to build and operate a new manganese export facility...
Glencore backs Kazakh entrepreneur’s ERG stake bid
GLENCORE has proposed an $800m pre-payment arrangement to help finance a little-known Kazakh entrepreneur’s $1.4bn bid for a 40% stake in Eurasian Resources Group,...
Friedland warns Africa copper at risk from Iran war
IVANHOE Mines CEO Robert Friedland has warned that copper production across Africa faces serious disruption if the conflict in Iran continues beyond three weeks,...
Australia joins G7 minerals alliance in Canada pact
AUSTRALIA and Canada have signed a series of agreements on critical minerals as part of efforts among the West to reduce their dependence on...
Endeavour shareholder returns to double on gold price
ENDEAVOUR Mining has reported a sharp rise in pretax profit and said total shareholder returns over the next few years are on track to...