Ghana shortens licences in sweeping mining law reform
GHANA has announced its most comprehensive mining legislation reforms in nearly two decades, featuring shortened licence periods and mandatory direct revenue-sharing with local communities,...
De Beers to post interim loss as discounts inventory diamonds
ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its financial year.
This was owing...
Can South Africa save its minerals exploration sector?
Last year, a South African government-backed fund invited applications from would-be junior miners, hoping to find that the country’s mineral exploration business was not...
‘Quietly’ issued minerals quota sign China is tightening supply
BEIJING has departed from established practice by issuing 2025 rare earth production quotas without any public disclosure, marking an unprecedented level of opacity in...
Vicuña extends Argentine mine life by years
VICUÑA Corp., a joint venture between Australia's BHP and Canada's Lundin Mining, has announced a six-year extension to the operational lifespan of its Josemaria...
BHP faces $1.7bn cost blowout at Canada project
MINING giant BHP Group on Friday announced significant delays and cost increases at its Canadian potash venture, Jansen, Reuters reported on Friday.
Some $1.7bn in...
Kenmare to book $125m impairment amid oversupply
KENMARE Resources announced on Wednesday it would book an impairment of no more than $125m on its first half accounts as it expected long-term...
Rio Tinto names head of iron ore Simon Trott as new...
RIO Tinto Group has appointed its iron ore boss Simon Trott as CEO, replacing Jakob Stausholm from August 25, said Bloomberg News on Tuesday.
The...
Transnet faces cash crisis despite government lifeline
S&P Global Ratings forecast freight rail and ports operator Transnet will burn cash for the next three years, according to a report by BusinessLive...
Copper surges after Trump unveils 50% import tariff
PRESIDENT Donald Trump announced a 50% tariff increase on copper imports during Tuesday's Cabinet meeting, according to a report by Bloomberg News. The levy...