Kenmare downgrades 2025 output after Nataka project delay
KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of...
UK court rules BHP liable for Fundao dam collapse
A UK court ruled BHP bears legal responsibility for a dam failure nine years ago in Brazil's Minas Gerais state, opening the door to...
Teck held merger discussions with Vale unit
TECK Resources conducted intermittent merger negotiations with Vale's base metals division before finalising its agreement with Anglo American, said Bloomberg News citing people with...
Minerals Council says no respite from energy cost inflation
SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...
Sibanye-Stillwater agrees R3.7bn out of court deal with Appian
SIBANYE-Stillwater and Appian Capital Advisory have agreed to a $215m (R3.7bn) out of court settlement ending a dispute related to two base metals deals...
Investors propose international agency to monitor mining
A COALITION of investors managing $18 trillion in assets has called for the establishment of an independent International Minerals Agency modelled on the International...
Resource disputes reach decade-high amid mineral scramble
DISAGREEMENTS between governments and investors over natural resources have surged to a 10-year peak, with 32 disputes already lodged this year, said Reuters citing...
Kore in talks to sell company after derisking $2.2bn Kola
KORE Potash, the mineral fertiliser developer, has received two offers to buy the company, it said in an announcement on Tuesday.
The bids were non-binding...
Rio Tinto urged to make “now or never” bid for Teck
ACTIVIST fund Palliser Capital has urged Rio Tinto to mount a counterbid for Teck Resources which recently set out terms for a nil-premium merger...
Rio Tinto CEO emails staff about “fundamental” restructure
RIO Tinto CEO Simon Trott wanted a "fundamental" reorganisation of the mining giant, focusing operations around its most profitable commodities, said Bloomberg News citing...