Glencore’s EVR bid to close by July 11 after Canada...
GLENCORE said on Friday its $6.93bn bid for Elk Valley Resources (EVR), a subsidiary of Canada's Teck Resources would close on July 11 after...
GoviEx shares plummet after Niger cancels $343m project permit
SHARES in GoviEx fell 29% by the close of trade on Thursday after the firm announced Niger had withdrawn the mining permit to the...
Grosvenor suspension could delay sale of Anglo’s met coal mines
ANGLO American's plans to sell its metallurgical coal mines in Australia could be delayed by the suspension of mining at Grosvenor, one of the...
Paladin sets out uranium target from reborn Langer Heinrich
PALADIN Energy has targeted uranium oxide production of between four to 4.5 million pounds (lbs) in its 2025 financial year after restarting operations at...
Andrada to flip up empowerment stake in Uis mine
ANDRADA Mining today announced plans to streamline its ownership structure in which it will take a 100% interest in its underlying Namibia-registered Uis Tin...
Exxaro to boost coal exports as circumvents struggling RBCT
EXXARO Resources forecast a nine percent period-on-period improvement in coal exports after finding alternative routes for its sales.
The Johannesburg-listed firm said in an update...
Paladin makes C$1.1bn all-share bid for Fission Uranium Corp.
PALADIN Energy today announced an all-share takeover of Toronto-listed Fission Uranium Corp. which values the Canadian firm at C$1.1bn.
A special committee appointed by Fission...
Thungela forecasts up to 69% earnings hit as coal prices soften
THUNGELA Resources forecast a heavy decline in share earnings for the first half of its financial year owing to lower-than-expected winter energy demand from...
Thungela brushes off share issue reverse at AGM
THUNGELA Resources brushed off a reverse in its annual general meeting last week in which shareholders voted down its resolution on issuing shares for...
Wanblad targets relatively quick sale of Australian coal mines
ANGLO American said the sale of its metallurgical coal mines in Australia are the least challenging part of a radical restructuring in which it...