Base Metals

Motsepe’s ARM faces $195m law suit in Tanzania – report

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PATRICE Motsepe's African Rainbow Minerals (ARM) is facing a $195m claim in Tanzania amid allegations it breached a confidentiality agreement regarding a proposed joint...

‘Good feeling’ led to Sibanye-Stillwater cancelling nickel deal

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SIBANYE-Stillwater’s decision to cancel a share purchase agreement for the Santa Rita nickel and Serrote copper-gold mines in Brazil was based on a geotechnical...

Saudi Arabia’s Ma’aden closing in on Zambia copper stake

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SAUDI Arabia was closing in on a stake in a copper mine in Zambia with a deal expected by year-end, said Reuters citing the...

Orion delays copper study results after bringing in experts

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ORION Minerals has extended the deadline for a study into its Prieska Copper Zinc Mine (PCZM) in South Africa's Northern Cape province to the...

Sibanye-Stillwater suspends Century Zinc following bush fire

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SIBANYE-Stillwater said a regional bushfire at its Century Zinc tailings retreatment operations in northeast Australia had destroyed surface piping which would see it produce...

Manara may buy $2bn stake in First Quantum’s Zambian mines

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MANARA Minerals is said to be closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals' Zambian copper...

Appian Capital to claim at least $600m from Sibanye-Stillwater

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APPIAN Capital Advisory will claim compensation of at least $600m from Sibanye-Stillwater in a legal case scheduled to take place next year, a market...

Court rejects Sibanye-Stillwater argument in $1.2bn Appian claim

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SIBANYE-Stillwater was not justified in cancelling a 2021 deal to buy two mines from Appian Capital Advisory, the High Court of England and Wales...

Zinc heading for significant supply deficit for 2024

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THE zinc market is heading for a much greater supply deficit than previously forecast owing to a squeeze on raw materials, said Reuters on...

Copper price set for volatility, say producers

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COPPER producers have warned the price of the metal will become volatile as the industry struggled to bring new supply online. Price swings would be...