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Rainbow Rare Earths paves way for SA mine in offtake deal

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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

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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

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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

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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

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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

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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

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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...

Discovery targets mining with 24-hour renewables plan

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DISCOVERY Green has signed several mining companies to a renewable power offering that targets 90% of their electricity needs. A mix of wind, solar and...

Froneman hires Rothschild for R6.7bn F1 bid

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A CONSORTIUM fronted by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back...

Harmony Gold prices $500m bond as growth capex ramps up

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HARMONY Gold today announced terms of a $500m convertible bond amid a major increase in capital expenditure during its 2027 financial year. The gold miner...