Markets

US investor targets Congo mine for peace deal

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A PROMINENT Donald Trump ally is pursuing control of a controversial Congolese mine as part of Washington's fresh approach to resolving the region's long-standing...

Gold bolsters big miner revenues in 2024, says PwC

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GOLD mining revenue prevented the world's largest miners from reporting a third consecutive decline in aggregate revenue, according to a report by PwC, an...

Cutifani steps down as Vale Base Metals chair

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MARK Cutifani is stepping down as chair of Vale Base Metals after two years amid a possible listing of the copper and nickel business...

Froneman to lead Formula 1 consortium post retirement

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NEAL Froneman surprised mining investors on Tuesday declaring he would step into motorsport when he leaves Sibanye-Stillwater, the precious metals miner he founded in...

SA secures $1.5bn World Bank infrastructure loan

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SOUTH Africa has signed a $1.5bn loan agreement with the World Bank, aiming to overhaul its transport and energy infrastructure and reignite economic growth,...

Kenmare takeover talks end after consortium lowered offer

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TAKEOVER discussions between Kenmare Resources and a consortium that included its former managing director ended in failure, the parties said on Thursday. "Following a comprehensive...

Mkhwanazi to leave Anglo as group streamlines executive

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ANGLO American said its regional director for Australia and Africa, Themba Mkhwanazi would leave the company following the disposal of group assets in the...

Algeria opens mining to foreign investment

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ALGERIA'S parliament approved legislation allowing foreign companies to own up to 80% of mining projects, marking a significant policy shift for the OPEC nation...

SA’s Mantashe: stuck in an endless BEE loop

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THERE'S a long-standing view around town that the South African Government gaslights its mining industry with horror legislative proposals as a negotiating technique. There may...

Mining giants face leadership shake-up amid push for M&A

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THE world's biggest mining companies are undergoing an unprecedented leadership overhaul as investor impatience with mergers and acquisitions features as a major reason for...