Anglo to sell Aussie metallurgical coal stake for A$1.6bn
ANGLO American finally has runs on the board in its far-reaching restructuring strategy announcing on Monday an agreement to sell its 33.3% stake in...
Mali to take 35% in Kodal’s Bougouni lithium project
KODAL Minerals said on Friday it had finalised the terms of a mining licence with the Mali government for its 125,000 tons a year...
Hummingbird lenders extend due date on debt as talks continue
THE restructuring of Hummingbird Resources' balance sheet is continuing with the gold junior saying on Friday one of its largest lenders, Coris Bank, had...
‘Good feeling’ led to Sibanye-Stillwater cancelling nickel deal
SIBANYE-Stillwater’s decision to cancel a share purchase agreement for the Santa Rita nickel and Serrote copper-gold mines in Brazil was based on a geotechnical...
For Sibanye-Stillwater, 2024 will go down as a year to forget
SIBANYE-Stillwater has had a bad run of fortune. On October 18 it announced that bushfires in Queensland, Australia, had damaged surface infrastructure at its...
Southern Palladium unveils “tier one” Bengwenyama project
SOUTHERN Palladium on Thursday published a prefeasibility study of its 70% owned Bengwenyama venture in which it estimated first positive cash flow some seven...
Pan African says Mintails project at full tilt in December
PAN African Resources said on Thursday it would reach full production at its $135.1m Mintails project in December, achieving a run-rate of 50,000 ounces...
BHP leaves door open for fresh Anglo takeover bid
BHP has left the door open for a fresh takeover bid of Anglo American despite saying earlier it had "moved on" from the proposed...
Saudi Arabia’s Ma’aden closing in on Zambia copper stake
SAUDI Arabia was closing in on a stake in a copper mine in Zambia with a deal expected by year-end, said Reuters citing the...
Value of gold demand surpasses $100bn in third quarter
THE value of global gold demand passed $100bn for the first time in the third quarter as investors flocked to the metal, said the...