Pan African poised for rerate as growth options abound
A R500m share buyback could be money well spent for Pan African Resources, the JSE-listed gold miner. Most analysts think the company is on...
Gemfields takes $125m hit at Montepuez ruby mine
GEMFIELDS expects to report a $73.5m loss for the six months to June after taking a $125.2m impairment against its Montepuez ruby mine in...
Glencore set for ASX listing in October
GLENCORE expects to start trading on the Australian Securities Exchange (ASX) on October 14 after satisfying the exchange’s substantive listing requirements.
The miner and commodity...
Rainbow Rare Earths paves way for SA mine in offtake deal
RAINBOW Rare Earths said on Thursday it aimed to publish a prefeasibility study (PFS) of its Phalaborwa rare earths project in South Africa in...
Niger doubles stake in Madaouela uranium project
NIGER has doubled its stake in the Madaouela uranium project to 40%, Reuters reported.
This brings an end to a long-running dispute with Australian explorer...
Rio Tinto builds out metals trading arm
RIO Tinto plans to expand its metals trading operations, including buying and selling material from third parties and trading derivatives, Bloomberg reported.
The move is...
Glencore joins US critical minerals reserve in $500m EXIM deal
THE US government has selected Glencore to help it build a strategic reserve of critical minerals in a development that deepens the Swiss miner's...
Copper retreats from near-record high as rate fears lift dollar
INDUSTRIAL metals fell on Wednesday as traders weighed the outlook for US interest rates against shifting oil prices, Bloomberg reported.
Copper retreated from near-record levels...
Former Gold Fields boss to join hunt for critical minerals
FORMER Gold Fields CEO Chris Griffith, who exited the miner four years ago after a failed mega-merger bid for Canada's Yamana Gold, has joined...
Congo plans one-stop mining investment agency
THE Democratic Republic of Congo is setting up a centralised agency to fast-track major mining investments, said Reuters citing sources.
The agency is part of...