Base Metals

South32 reports 18% fall in aluminium exports from SA before Transnet...

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SOUTH32 said sales of aluminium and manganese from its South African operations declined in the first quarter of its 2023 financial year owing to...

Orion completes funding puzzle for Prieska Copper Zinc mine with R250m...

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ORION Minerals has secured R250m in finance from the Industrial Development Corporation (IDC) for its Prieska Copper Zinc Mine (PCZM) in a development that...

Sandfire detects “substantial exploration potential” of Motheo after drilling campaign

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SANDFIRE Resources said recent drilling of its Motheo copper prospect in Botswana had demonstrated "substantial exploration potential" of the landholding. The company tested a four...

Orion to extract minerals for sale as part of Prieska deeps...

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ORION Minerals said it was trialling water retreatment technology that would extract minerals for sale from contaminated mine water. The water would then be supplied...

Harmony Gold bolsters offshore growth ambitions with $230m deal for Aussie...

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HARMONY Gold bolstered its offshore growth ambitions unveiling today an agreement to buy Australian project Eva Copper for $230m (R4.1bn). The news comes on the...

Sandfire’s Simich to step down as copper miner concludes $150m Motheo...

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SANDFIRE Resources CEO and managing director, Karl Simich is to step down having recently expanded the firm's international footprint including the planned commissioning of...

Anglo revises Quellaveco copper output for 2022 as commercial production begins

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ANGLO American said it had started commercial production of copper from Quellaveco, its newly commissioned Peru project held in joint venture with Mitsubishi. However, the...

Afritin shares slip after hatches plan to issue shares for $48.5m...

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AFRITIN is negotiating details of a $48.3m funding package that will enable it to add battery minerals lithium and tantalum to its Namibia-based tin...

Critical Metals raises £1.5m for DRC copper/cobalt project, Molulu

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CRITICAL Metals has raised £1.5m through a share placing which it said would be used to finance its acquisition of a 57% stake in...

IDC takes 44% stake, locks in BEE deal for Orion Minerals’...

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THE Industrial Development Corporation (IDC) has agreed to finance the balance of R79m in pre-development costs for Okiep Copper Project (OCP), said Orion Minerals...