Markets

Zijin Mining intensifies acquisitions amid record profits

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CHINA'S largest mining company Zijin Mining Group will accelerate global acquisitions targeting gold and copper assets as record profits and surging metal prices propel...

Zambian mines accept yuan for tax payments

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CHINESE mine operators in Zambia began paying royalties and taxes in yuan from October, marking the first confirmed acceptance of mining tax payments in...

Tinkering with reform puts SA mining in limbo again

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This article was first published in The Mining Yearbook 2025   New draft legislation is being considered while SA faces international uncertainty and domestic upheavals as...

Despite Trump’s antipathy, mining companies will not abandon ESG

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This article was first published in The Mining Yearbook 2025   In the US, the second administration of President Donald Trump has been dismantling diversity, equity...

Canada clears Anglo’s $50bn takeover of Teck

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CANADA has granted regulatory approval for Anglo American’s acquisition of Teck Resources, paving the way for a $50bn metals company focused on copper operations...

Ghana bans all mining in forest reserves

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GHANA has prohibited all mining operations within forest reserves, marking a significant reversal of environmental policy in Africa's leading gold-producing nation. Reuters cited the country's...

The day AngloGold was worth more than Anglo American

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FOR a brief but delicious moment, AngloGold Ashanti was worth more than Anglo American, its former parent company. On November 27, AngloGold hit a...

Anglo, Teck shareholders give green light to merger

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THE merger of Anglo American with Teck Resources hit a critical milestone on Tuesday evening after shareholders in both companies supported their combination, to...

Anglo withdraws executive bonuses ahead of Teck vote

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ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...

Rio Tinto targets $10bn from non-core asset sales

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RIO Tinto CEO Simon Trott outlined plans on Thursday to generate $5bn to $10bn through divestments and productivity growth as he moves to simplify...