Sovereign to raise $40m for Kasiya rutile/graphite project
SOVEREIGN Metals said on Monday it intended to raise $40m through a placement of shares with the funds earmarked for the continued development of...
Exxaro targets “first” manganese deal this year
EXXARO Resources said on Thursday it hoped to convert "interesting conversations" with South African manganese miners into an investment during this year.
"We have been...
New Exxaro boss Ben Magara commits to battery metals
EXXARO Resources said on Thursday it had appointed the former Lonmin boss Ben Magara as its new CEO, effective April 1.
Magara, currently a non-executive...
Rio to raise $9bn in US bonds for lithium
The world's biggest iron ore producer Rio Tinto will raise $9bn in US investment-grade bonds as it seeks to fund its recently-closed buyout of...
The challenges facing Sibanye-Stillwater’s new boss
SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...
Glencore backs cobalt investment firm planning UK listing
GLENCORE is to take a 10% stake in a cobalt investment company that plans to float in London during May, the Financial Times reported...
Menell’s Techmet plans to develop lithium mine in Ukraine
TECHMET, a privately held company run by South African mining entrepreneur, Brian Menell, plans to develop a lithium mine in Ukraine.
Menell told the Financial...
Antimony shortage to worsen as West replenishes munitions
A GLOBAL shortage of antimony – used in munitions – could worsen as the US and Europe replenish stockpiles of bullets and bombs used...
US open to minerals deal with Congo
THE US was open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday. This was...
Congo offers US minerals in exchange for security
THE Democratic Republic of Congo has offered the US exclusive access to its critical minerals and infrastructure projects in return for security assistance amid...