Markets

Motsepe seeks court protection in mining dispute

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PATRICE Motsepe's African Rainbow Capital has approached Johannesburg's High Court for legal clarity in a R3.4bn lawsuit filed by US company Pula Group in...

Gemfields sells iconic luxury brand Fabergé for $50m

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GEMFIELDS is to sell iconic jewellery brand Fabergé for $50m in a development that helps bolster the miner's under-pressure balance sheet. The buyer is US-based...

Mining giants slash dividends amid falling commodity prices

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THE world's largest mining companies are delivering their smallest shareholder payouts in years as declining mineral prices and massive capital expenditure requirements force cash...

SA introduces artisanal mining licensing system

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SOUTH Africa's mineral resources department has gazetted corrections to the Draft Mineral Resources Development Bill 2025, introducing a comprehensive licensing framework for artisanal and...

Glencore posts 30% hike in net debt as coal, copper slump

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GLENCORE posted an interim attributable loss on Wednesday of $655m (2024: -$233m) owing to continuing slump in coal prices and disappointing copper output. Mining earnings...

SA almost vanishes from Fraser Institute policy radar

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THE promise of a new mining cadastre did little to change investor attitudes to South African mining, according to the 2024 edition of the...

Mantashe US mineral threat branded self-destructive folly

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SOUTH African mines minister Gwede Mantashe's proposal to withhold mineral exports to the US in retaliation for 30% across-the-board import tariffs was described by...

Copper tariff exemption triggers trading chaos

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GLOBAL copper markets suffered their most severe disruption in a year marked by policy volatility and extraordinary price fluctuations after President Donald Trump's last-minute...

Anglo will be “pragmatic” in getting Peabody deal over the line

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ANGLO American CEO Duncan Wanblad said he would be "pragmatic" about selling the firm's metallurgical coal assets in Australia amid a dispute with buyer,...

Anglo negotiating with Botswana for increased stake in De Beers

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ANGLO American said it was negotiating with the Botswana government to increase its 15% stake in De Beers ahead of selling the business, which...