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Goviex “optimistic” Niger coup won’t derail uranium project funding

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URANIUM developer Goviex said it was "optimistic" it would attract funding to its $343m Madouela Project in Niger following a military coup in the...

Nickel pain forcing miners to consider production cuts

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BHP is considering options for its nickel operation amid a sharp price correction for the metal last year and warned it could write down...

Kenmare says restocking to drive ilmenite despite soft Q1 price

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KENMARE, the UK listed mineral sands miner, forecast strong demand for its products this year but acknowledged prices for first quarter shipments were weaker. Kenmare...

DMRE official explains SA’s mining licence snafu – sort of …

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THE South African government blamed the backlog in mining licence applications in its current financial year ended March on the applicants. Responding to an article...

Lithium price pressure to stay as Zimbabwe adds to supply

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THERE would have to be a cut in mined supply in order for the lithium price to recover some of the ground it lost...

Cautious Duffy tight-lipped Petra’s capital growth plans

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PETRA Diamonds remained "on track" to meet its production guidance of 2.9 million carats to 3.2m carats for the year to end-June 2024, but...

Early blow to SA coal exports this year following TFR train...

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SOUTH Africa's coal exports were again interrupted after two trains collided on Sunday, said News24. Transnet Freight Rail (TF), a division of state-owned ports and...

Northam’s 19.9% PGM production increase underlines resilience

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NORTHAM Platinum Holdings increased total equivalent refined metal production from own operations 10.6% for the six months ended December. Commenting in a production update on Monday...

First Quantum to explore “smaller” mine sales, cuts dividend

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FIRST Quantum will explore selling smaller mines in its portfolio and stakes in its larger mining assets, but it scotched rumours it planned to...

Diamond imports on the rise in December as mid-stream restocks

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INDIA'S rough diamond imports more than tripled in December suggesting a turn in fortunes for the embattled sector. Morgan Stanley said in a report on...