All that glitters is not just gold, say CEOs
Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.
KCM to restart operations at Nchanga smelter as court date with...
KONKOLA Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, said Reuters, citing the company.
KCM said the...
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
Ivanhoe to overhaul mining at Congo’s Kakula mine
FUTURE mining operations at the Kakula copper mine in the Democratic Republic of Congo would be drastically modified following seismic activity in May which...
ENRC, First Quantum settle DRC dispute
Kazakh miner ENRC has agreed a $1.25bn settlement with First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the DRC.
Anglo sells zinc assets in $1.3bn deal
Anglo American took another step in a strategy to divest of non-core assets agreeing to sell its zinc mines in southern Africa and Europe for $1.3bn to India focused base metals group, Vedanta.
DRDGold doubles cash at interim as benefits from FWGR, higher rand...
FIRST production from Far West Gold Recoveries (FWGR) was a major contributor to DRDGOLD's first six months of its 2020 financial year after gold...
Amsa in new battle with different regulator
ArcelorMittal SA is bracing itself for yet another legal skirmish with regulatory
authorities, this time for allegedly breaching conditions attached to an air emission
licence.
Frandsen insists Pallinghurst turned corner
Pallinghurst has clawed back value this year and while it doesn't yet signal a complete turnaround, it's evidence the firm has turned the corner, says CEO Arne Frandsen.
Sabotage brings coal export rail to grinding halt forcing Transnet to...
THE Richards Bay coal line was inoperable after an act described by its owner, Transnet, as "economic sabotage" led to the back-end of a...