Kore raises $1m for works programme as SEPCO revises potash JV
KORE Potash said it had raised $1m after issuing $800,000 in new shares with the balance of the funds raised comprising convertible shares.
David Hathorn,...
Glencore unveils $2.2bn ‘top-up’ amid 62% slide in interim profit
GLENCORE announced a $2.2bn top up in returns to shareholders despite producing sharply reduced year-on-year interim numbers in which lower mineral prices saw net...
Gemfields awards $70m contract for second plant at Montepuez
GEMFIELDS said it had awarded a contract for the $70m construction of a second processing plant at its 75%-owned Montepuez, a ruby mine in...
Froneman confident of breakthrough in battle against crime and corruption
NEAL Froneman, CEO of Sibanye-Stillwater sounded a bullish note on a joint committee on crime and corruption which he heads saying cooperation with the...
NUM suspends leader amid reports of growing infighting
SOUTH Africa’s National Union of Mineworkers suspended William Mabapa, its general secretary, amid reports of growing infighting within the organisation, said Bloomberg News on...
Glencore’s M&A push could signal the end to generous cash returns
GROWTH was "back on the table" for the world's mining diversified sector which could signal the end of outsized capital returns, said Bank of...
What’s behind mining’s talent problem?
MINING has got an enduring image problem. No matter the reams of glossy sustainability reports it generates every year, mining remains firmly unloved –...
Anglo doesn’t expect metals demand to revive until 2024
MINERALS and metals demand would remain subdued for the remainder of the year as the drive to decarbonisation was taking longer than expected, said...
Kumba may reduce life of mines if Transnet fails to restore...
THE decline in rail capacity on Transnet's iron ore line risked mine life extension projects, said Kumba Iron Ore CEO, Mpumi Zikalala.
In 2021, Kumba...
Base Resources says Toliara progress stalled ahead of Madagascar elections
TITANIUM feedstock miner Base Resources said it didn't expect to register progress on the development of its Toliara project in Madagascar until the African...