Markets

Congo’s Tshisekedi meets US over minerals deal

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FELIX Tshisekedi, President of the Democratic Republic of Congo, has met US lawmaker Ronny Jackson to discuss fighting in the east of the country...

Anglo starts consultation to cut jobs

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ANGLO American has begun a consultation process in the United Kingdom and South Africa to cut jobs, amid a broader restructuring aimed at refocusing...

Miners upbeat on US projects under Trump administration

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MINING companies with projects in the US were more hopeful of speedier delivery following the election of Donald Trump as President, said the Financial...

Lack of cash for Transnet “a concern” says Minerals Council

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THE Minerals Council of South Africa said it was concerned there was no allocation for state-owned rail and ports company Transnet in the country's...

Rio Tinto asked to end “value destructive” structure

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LONDON-based hedge fund Palliser Capital published a letter sent to the chair of Rio Tinto in which it asked the group to take further...

Minerals exploration spend falls for second consecutive year

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EXPLORATION for minerals fell for the second consecutive year in 2024, sliding six percent to $12.5bn, according to a report by the Financial Times. Citing...

Mali suspends artisanal mining permits to foreigners

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MALI has suspended the granting of new artisanal mining permits to foreigners following accidents in recent weeks that claimed 56 lives, many of them...

Kenmare shares soar after firm rejects takeover proposal

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KENMARE Resources said on Thursday it had rejected an initial €565m takeover bid from a consortium led by its former MD Michael Carvill. The titanium...

Mining magnate Beny Steinmetz to be freed by top Greek court

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GREECE'S top court has ordered the release of Israeli mining magnate Beny Steinmetz, setting aside a lower court ruling for his extradition to Romania...

How might Trump’s tariffs affect the global metals sector?

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THE US government confirmed in February its intention to remove all exemptions and restore section 232 import tariffs on steel (25%) and aluminium (25%,...