Alphamin doubles Ebitda, lowers debt ahead of dividend decision
ALPHAMIN more than doubled earnings before interest, tax, depreciation and amortisation in the first quarter after reporting higher increasing sales and a 7% lift...
DRDGOLD to weigh tailings JV with Copper 360
DRDGOLD is to run the rule over copper tailings resources in South Africa's Northern Cape in a development that finally signals its intention to...
Harmony boosted by ‘prescribed status’ for Eva Copper
HARMONY Gold said its Eva Copper had been declared a prescribed project, a development that boosts its chances of receiving permitting approvals.
Australia's Queensland administration...
UAE firm attempts to gatecrash Lubambe Copper sale
A UNIT of International Holding Company, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JCHX...
Copper 360 signs new offtake for Nama Copper plant deal
COPPER 360, a Johannesburg listed miner and development company, announced on Tuesday it had adjusted the terms of a previously announced R200m acquisition of...
Sibanye-Stillwater concludes $155.9m Reldan recycling deal
SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business.
"The addition of Reldan, at...
Drought forces cut in copper output at Zambia’s Chambishi
POWER shortages in Zambia have forced a one-fifth cut in copper production at the Chambishi facilities of Nonferrous Metal Mining Corp. (CNMC), said Reuters...
Sibanye-Stillwater says Indonesia’s “dirty nickel” will attact tariffs
MINERS of low carbon metals would be protected from the kind of supply shocks currently being seen in the nickel industry, said Sibanye-Stillwater CEO,...
First Quantum to sell $1bn in shares in effort to keep...
FIRST Quantum Minerals is to sell $1bn in shares and raise a further $1.6bn from an offering of notes in an effort to strengthen...
First Quantum to sell $500m in copper to China’s Jiangxi
FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...