Two big questions for Anglo American that won’t go away
ANGLO American is heading for its poorest showing in years when it posts interim numbers tomorrow (July 27). Deutsche Bank, for one, expects "sluggish"...
Egypt to take 15% net profit share in new mining concessions
EGYPT today set down the terms of a new mineral exploitation regime in which it will issue 30-year exploration licences to miners on condition...
Richards Bay terminal operator resumes after Transnet Ports lifts work stop
TRANSNET National Ports Authority (TNPA) announced over the weekend the resumption of a terminal operator at Richards Bay port.
The unnamed operator had been suspended earlier...
Transnet warns of truck congestion at Richards Bay after operator suspended
TRANSNET National Ports Authority (TNPA) said today a terminal operator at its Richards Bay facility had been shut down leading to congestion of truck deliveries.
The...
Anglo, Glencore to raise funds for $1.5bn Limpopo water project
ANGLO American and Glencore are working with the South African government on $1.5bn water scheme that will supply platinum and chrome operations as well...
SA’s Mantashe convenes summit to find “gaps” in mining regulations
THE South African government's mines and energy department today convened a summit aimed at identifying "legislative gaps" in the sector's regulatory framework.
The MPRDA Review...
Mozambique titanium miner Kenmare considering $30m share buy-back
KENMARE Resources, which produces titanium minerals at the Moma mine in Mozambique, said it was considering a $30m share buy-back programme.
It made the announcement...
Minerals Council hopes new Transnet board will “establish a relationship” with...
SOUTH Africa's mining sector welcomed the overhaul of state-owned rail and ports company Transnet's board announced on Tuesday in which former Anglo American SA...
Critical mineral projects set to catch up with projected boom in...
SUPPLY of critical metals is catching up with an anticipated boom in demand following a 50% jump in investment over the past two years,...
Trouble for SA economy as tax-take from miners forecast to halve
THE tax take from South African mining companies was estimated to halve in 2023 at current spot prices compared to 2021 when the country...