Harmony Gold seals $1.01bn MAC Copper acquisition
HARMONY Gold on Friday announced it had concluded the $1.01bn accquisition of MAC Copper, a New York-listed company which operates the 41,000-ton-a-year CSA copper...
Afrimat starts recovery but Nkomati mine hangs in balance
SHARES in diversified minerals company Afrimat improved six percent in early morning Johannesburg trade on Thursday after interim numbers to end-August demonstrated signs a...
RBM may fall into China’s lap if Rio proceeds with swap...
RICHARDS Bay Minerals could fall into Chinese hands if majority shareholder Rio Tinto offers the titanium miner as part of an asset for shares...
Gold falls most in 12 years after record run
GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs.
Gold plummeted as...
Duties on Russia’s palladium may support price for longer
AN anti-dumping petition on Russian palladium exports to the US could give a further lift to the metal in 2026 if the measures were...
Appian secures $1bn World Bank partnership
APPIAN Capital Advisory has secured a $1bn partnership with the World Bank's private sector arm to finance mining projects primarily in Africa and Latin...
South32 draws blank on Mozambique smelter talks
SOUTH32 said it had drawn a blank with the Mozambican government regarding the future of the 370,000 tons a year Mozal aluminium smelter.
The miner...
BHP maintains optimism despite Chinese slowdown
BHP struck an upbeat note about global iron ore demand on Tuesday despite warning of moderating Chinese growth, said Reuters in a report on...
Why Tharisa could be worth double its market value
THE irony of the government’s proposed chrome tax, aimed at encouraging local beneficiation of minerals, is that it punishes companies that do most to...
Southern Palladium raises A$20m on back of price surge
SOUTHERN Palladium rode the recovery in platinum group metal (PGM) prices to full advantage announcing on Monday it had raised A$20m through the placement...