Markets

DRC floats plan to create $100m armed guard for mine sites

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THE Democratic Republic of Congo is establishing a dedicated armed security force to protect mine sites and supply chains, as the country deepens its...

Rio Tinto considers options to exit RBM

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GLOBAL miner Rio Tinto is “evaluating its options” for its Richards Bay Minerals (RBM) titanium business and actively testing the market for its borates...

Will BHP really bet on South African mining again?

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SOUTH African mining is at one of those rare moments when its trajectory could tilt either way. There is talk of hope and renewal,...

Angola floods halt Lobito Corridor rail operations

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FLOODING in western Angola has suspended rail traffic along the Lobito Corridor, disrupting a critical export route for copper, cobalt and other minerals from...

Kemcore to build African mining chemicals plants

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MINING chemicals importer Kemcore is to construct processing facilities in Botswana and Angola, said Reuters on Friday. Kemcore believes the move will reduce the risk of...

World Bank cuts Sub-Saharan Africa growth forecast

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THE World Bank has lowered its 2026 growth forecast for Sub-Saharan Africa to 4.1%, unchanged from 2025 and down from the 4.4% it projected...

Froneman says crime “single biggest” threat to SA economy

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CRIME isn’t just an inconvenience to doing business, it’s the "single biggest issue we have to address" if South Africa is serious about economic...

Deep-sea miner targets $1bn Odyssey merger

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AMERICAN Ocean Minerals (AOM), a deep-sea mining company chaired by former Rio Tinto CEO Tom Albanese, has agreed an all-stock merger with Odyssey Marine...

Kenmare’s year of prices, politics and pain

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MOZAMBIQUE is having a moment, and not in a good way. Fresh from the divestment of Australian miner South32 following the forced closure of...

Master Drilling defers dividend as Iran crisis looms large

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AFTER his uncharacteristic optimism six months ago when Master Drilling released its interim results, CEO Danie Pretorius has reverted to his usual sceptical self...