Uranium One needs to find A$1bn
Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.
Brian Gilbertson resigns Gemfields chair after AIM throws spotlight on father-son...
BRIAN Gilbertson is to step down as chairman of Gemfields after UK listing authorities identified the father-son relationship with the firm's CEO, Sean Gilbertson,...
Transnet wary of public-private deals
Logistics firm Transnet says while it is open to working with private firms on its expansion plan, it would be cautious as many past deals were "disasters".
Acacia sees proposal ending Tanzania dispute this quarter as “pressure points”...
ACACIA Mining said it was hopeful of receiving a proposal potentially ending a two-year ban on gold-in-concentrate exports from Tanzania this quarter as President...
Mantashe US mineral threat branded self-destructive folly
SOUTH African mines minister Gwede Mantashe's proposal to withhold mineral exports to the US in retaliation for 30% across-the-board import tariffs was described by...
Shabangu insists pact close on MPRDA
South Africa's mines minister, Susan Shabangu, says the industry and her government are close to each other in amendments to the MPRDA legislation.
Caterpillar banks on Chinese metamorphosis
Miners may be talking about throttling back capital expenditure amid global economic growth fears, but one of the more sensitive players to upstream tremors is staying optimistic.
Copper 360 anticipates dividend despite missed targets
IT'S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent...
Wanblad says “choppy” market hard to call as Anglo posts slide...
LOWER volumes, inflationary pressure and a decline in prices resulted in a reversal of fortune for Anglo American which today reported attributable profit for...
Southern Palladium raises A$8m for Bengwenyama DFS
SOUTHERN Palladium, a Sydney- and JSE-listed exploration company, said on Thursday it had raised A$8m through an issue of shares.
The proceeds are earmarked for...