Mining deals up 10% to $96.8bn in 2017 as coal leads...
MINING merger and acquisition activity totalled $96.8bn during 2017, a 10% increase over the value of deals in 2016, but way under the $150bn...
Commodity prices surge as factory activity erodes surpluses
COMMODITY prices continued to improve this week on evidence that factory activity was gradually reducing surpluses of certain minerals and metals, said Bloomberg News.
The...
Former Och-Ziff boss charged with fraud by US federal court
THE former head of European investing at Och-Ziff Capital Management Group, Michael Cohen, has been charged by US prosecutors with fraud and obstruction of...
Newsmakers of 2017: Glencore CEO, Ivan Glasenberg
IN December, Ivan Glasenberg's Glencore appointed former South African Reserve Bank governor, and ANC stalwart, Gill Marcus, to its board fuelling speculation the group...
Newsmakers of 2017: SA mines minister, Mosebenzi Zwane
ONE of the more chilling moments of the past year was sitting among press at the Joburg Indaba conference in October listening to the...
Base to raise A$100m for Madagascar’s Toliara heavy minerals project
AUSTRALIA'S Base Resources is to raise A$100m ($76.7m) to finance the acquisition of a mineral sands project in Madagascar that was once explored by...
Tanzania agrees to get a move on with Kibo’s Mbeya power...
Tanzania’s Ministry for Energy has confirmed its intention to fast-track Kibo Mining’s Mbeya coal-to-power (MCPP) project by agreeing a final power purchase agreement during...
Glencore to score big on extra metals demand from electric vehicles
Glencore is the leading global producer of “Tier 1” commodities copper, cobalt, zinc and thermal coal and is the best-placed large cap company to...
DRC miners join forces to oppose the new draft mining code
Major international mining groups including Glencore, Ivanhoe Mines, Randgold Resources and AngloGold Ashanti have voiced their “deep concern” over the revised draft mining code...
Frandsen insists Pallinghurst unfazed by Sedibelo cash burn
PALLINGHURST Resources is prepared to bide its time with its stake in Sedibelo Platinum Mines despite pressing buttons in the rest of its investment...