Markets

First graphite delivered from Madagascar’s Molo mine

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NEXTSOURCE Materials, a Toronto-listed firm, said on Thursday the first commercial graphite concentrate was delivered from its Molo mine in southern Madagascar to clients...

Afrimat profits drop by 45% as it digests the latest acquisition...

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Diversified mining group Afrimat reported a 45% drop in operating profit to R292,7m in the six months to end-August (previous comparable period – R534.1m)...

Omnia rebrands mining business ahead of global push

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OMNIA Holdings (Omnia) is pleased to announce the rebranding of Protea Mining Chemicals (PMC) under its Mining segment, BME. This strategic move consolidates Omnia’s...

Can the West break China’s chokehold over critical minerals?

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A COALITION of 14 nations and the European Commission last month unveiled the Minerals Security Partnership (MSP), a financing network aimed at breaking China’s...

BHP unlikely to bid for Anglo before Amplats demerger

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A BID for Anglo American, if one is coming from BHP as speculated this week, was only likely after the UK-listed firm had unbundled...

Kenmare says Mozambique election won’t delay permit renewal

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KENMARE Resources said on Thursday the renewal of an implementation agreement that enables it to operate the Moma mineral sands mine in Mozambique would...

BHP back in SA ahead of possible renewed bid for Anglo

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MIKE Henry, CEO of BHP, met government officials in South Africa last week, fuelling speculation that the Australian miner will resurrect its failed £39bn...

Merafe ferrochrome output up 2% at nine month stage

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MERAFE Resources said third quarter ferrochrome production totalled 76,000 in attributable tons resulting in an increase of two percent in production for the year-to-date. Merafe,...

China’s bid to influence the prices of metals

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CHINA is moving closer to challenging the London Metal Exchange in setting prices for metals globally after lining up metal storage warehouses outside China. According...

Unlicensed gold mining a “hot button” electoral issue in Ghana

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GOLD from small scale mining in Ghana totalled 1.2 million ounces in the first seven months of this year – more than in the...