Does Sibanye-Stillwater need its US mine? Probably not
THE Stillwater palladium mine in Montana has performed many functions under the ownership of Sibanye-Stillwater, the JSE miner. When the group first bought it...
Mali unions threaten strikes at Barrick mine
UNIONS at Barrick Mining's Loulo-Gounkoto gold complex in Mali have lodged a series of strike notices, threatening to disrupt operations at one of the...
Transnet is moving but a cash crisis looms
FOR most of the past decade Transnet has had an obvious problem: it wasn’t moving enough freight. Its latest results show good progress on...
Glencore suspends executive over Radiant scandal
GLENCORE has suspended Peter Hill, its head of steelmaking raw materials, as the fallout from its dealings with Singapore-based iron ore trader Radiant World...
Botswana rules out reckless De Beers spending
BOTSWANA will not compromise its financial stability to increase its stake in De Beers, said Bloomberg News citing the country's vice president Ndaba Gaolathe.
The...
US steps back into Niger with $414m uranium deal
THE US government has approved up to $414m in financing for a uranium project in Niger, Reuters reported.
The move comes two years after Niger...
Ivory Coast plans gold refinery start in 2027
IVORY COAST plans to start operating a gold refinery in the first half of 2027 as it seeks to expand local processing and become...
Iron ore majors struggle to replace depleted reserves
THE world’s biggest iron ore producers are depleting reserves faster than they can replace them, Bloomberg reported, citing research by Wood Mackenzie.
The trend is...
Fresh capital, old problems for Zimbabwe mining
ARE investors still too wary of Zimbabwe’s mining sector?
Two international miners – Caledonia Mining and Tharisa – think so, and both are committing significant...
Expensive yes, but $300m bond takes Tharisa to next step
UNTIL Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum...