Smart money on juniors now cadastre paves way
COPPER 360 has shown what’s possible in South Africa’s junior mining sector. Since the miner cropped up in 2020 as Cape Copper Oxide Co,...
Minerals Council urges GNU to take mining seriously
MINERALS Council CEO Mzila Mthenjane believes it is "absolutely critical" that the newly-formed Government of National Unity (GNU) will view business as partner in...
Global miners facing 80% haircut in 2023/24
NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another...
Congo-Angola rail gets boost as investors order 275 wagons
COMMODITIES trader Trafigura is among a group of investors which has ordered 275 container wagons as part of a $500m rail investment linking mines...
Anglo re-rate is mission critical for Duncan Wanblad
The clock is ticking on Anglo American CEO Duncan Wanblad’s radical restructuring plan. Having promised to simplify the 107-year-old group in as little as...
SSC Group buys controlling stake in Lesedi Drilling
PRIVATELY-held mining engineering company SSC Group has bought a controlling interest in Lesedi Drilling & Mining Contracting Company and its subsidiaries, the company announced...
RBM declares “all systems go” on Zulti South expansion
RICHARDS Bay Minerals (RBM) declared 'all systems go' for its Zulti South mineral sands project after restoring community stability at the KwaZulu-Natal province operation.
The...
BHP set to reconsider Anglo bid options in six months
BHP will reconsider its options for a renewed push for Anglo American in about six months' time, said Bloomberg News citing people familiar with...
Anglo CEO says firm “will adapt” to political change in SA
ANGLO American CEO Duncan Wanblad said his group's restructuring plans would not be derailed by political developments in South Africa where the ruling ANC...
‘Blowtorch is on Anglo’, say Australians in BHP aftermath
AUSTRALIAN investors said BHP might consider a fresh takeover attempt of Anglo American, especially if the UK-listed firm's restructuring failed to inspire its share...