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Amplats unbundling requires “surgical” hand, says bank

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ANGLO American is not only facing difficult market conditions in terms of its restructuring plans laid out in May aimed at 'daylighting' the group's...

Plant closures not enough to stimulate the nickel price

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AN estimated 400,000 ton cut in nickel production in the last year, about 10% of total production, might not be enough to stimulate the...

Thirty-six nations meet to hammer out deep sea mining code

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THE United Nations' International Seabed Authority (ISA) will meet today to hammer out regulations governing deep sea mining despite objections from at least 27...

SA’s Government of National Unity on “a knife-edge” – Froneman

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SOUTH Africa was on "a knife edge" and would lose the support of business if the government of national unity (GNU) fails to "treat...

Uganda is the latest African nation to target gold purchases

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UGANDA is the latest African nation to turn to gold to back up its currency after it set out plans for domestic purchases of...

UN says IRH Mining dealmaker met with gold smugglers

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THE chief strategist of United Arab Emirates firm IRH Mining, which recently outbid Sibanye-Stillwater for control of Zambia's Mopani Copper, had dealings with gold...

BHP to shut Aussie nickel assets as impairments rise to $3.8bn

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BHP is to suspend its Australian nickel production until 2027 at least, saying it was unable to "ovecome the substantial economic challenges" of global...

Sibanye-Stillwater says global systems downed by cyber attack

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SIBANYE-Stillwater said its global IT systems had been affected by a cyber attack but that production had been unaffected. "We are bringing the systems back...

Alphamin shares up as Bisie expansion delivers Q2 tin boost

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SHARES in tin miner Alphamin increased 4% in Toronto on Wednesday after the company announced impressive second quarter production boosted by expansion. Contained tin produced...

PGM market through the worst, says Tharisa CEO

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THE platinum group metal (PGM) market had seen the worst of an 18-month price correction, said Tharisa CEO Phoevos Pouroulis in a third quarter update. "PGM...