Home News Markets Page 169

Markets

Glencore partner Merafe in R1.34bn write-down as JV partners cut 1,000...

0
MERAFE Resources booked an impairment of R1.34bn in the first six months of its 2020 financial year owing to Covid-19 related production stoppages. Production...

Kenmare says capital cost overrun on $106m plant relocation to increase...

0
KENMARE Resources, a ilmenite and zircon producer operating in northern Mozambique, estimated a capital cost overrun of about 17% after relocating plant to a...

Merger was “a low in my career”, says Mick Davis of...

0
IT’S not often that Mick Davis, knighted by the United Kingdom’s queen in 2015, has been called an asshole; at least, not to his...

Eskom making “contingency plans” as Eloise tropical storm poses threat to...

0
ESKOM, the South African power utility, said it had put contingency plans in place to prepare for excessive rainfall across Mpumalanga province which was...

Fallout for Rio Tinto continues as activist investors asks if other...

0
THE fallout for Rio Tinto following the destruction last year of the 46,000-year-old Juukan Gorge rock shelters in Western Australia shows no sign of slowing. Hot...

SA mining sector finally ends 11 month consecutive production declines in...

0
SOUTH African mining production increased in February bringing to an end 11 months of consecutive year-on-year declines, largely owing to Covid-19 related lockdowns last...

Govt to invite tenders for minerals cadastre next week amid swingeing...

0
THE South African government would issue a tender for its proposed minerals exploration cadastre before the end of next week and said it would...

Merafe returns to profitability in 2021 despite reporting low rail utilisation...

0
MERAFE Resources returned to profitability in 2021 as it recovered from last year's production downtime caused by Covid-19 lockdowns. The ferrochrome producer said in a...

Why are we asking for mining policy certainty when it’s policy...

0
COBALT, copper, lithium, manganese, nickel and the platinum group metals (PGMs): these are some of the key minerals for a low-carbon future. And sub-Saharan...

SA mining heading for a second successive regression in fatalities led...

0
FATALITIES in South Africa's mining sector were heading for a second successive increase, according to data today published by the country's Minerals Council. As of...