B2Gold to run economic review of Otjikoto’s Antelope extension
CANADIAN gold miner said it had discovered gold about three kilometres from its Otjikoto mine in Namibia that it could dig in 2026.
An estimated...
Congo-Angola rail gets boost as investors order 275 wagons
COMMODITIES trader Trafigura is among a group of investors which has ordered 275 container wagons as part of a $500m rail investment linking mines...
Copper glut in China signals risk of growing oversupply
COPPER stockpiles in Shanghai Futures Exchange warehouses have grown to their highest level since 2020 following a price hike and tepid demand, said the...
Menar plans to invest $100m reviving Metalloys
MENAR intends to invest $100m in a refit of Metalloys, the Gauteng-based manganese smelting facilities the privately-owned company bought from South32 last week.
News24 cited Vuslat...
Thungela forecasts up to 69% earnings hit as coal prices soften
THUNGELA Resources forecast a heavy decline in share earnings for the first half of its financial year owing to lower-than-expected winter energy demand from...
Southern Palladium says resource update to support $408m project
SOUTHERN Palladium, the Johannesburg-listed platinum group metals exploration firm, said it had completed drilling which would "provide a strong foundation" ahead of producing a...
Can a demerged Amplats enliven SA PGM sector?
There was little to celebrate when the world’s platinum industry gathered in London last month. The past two years have been chastening ones for...
Anglo re-rate is mission critical for Duncan Wanblad
The clock is ticking on Anglo American CEO Duncan Wanblad’s radical restructuring plan. Having promised to simplify the 107-year-old group in as little as...
Gold Fields cuts gold target as winter chill cripples Salares Norte
G old Fields has cut its production forecast for 2024, and increased cost estimates, after prolonged bad weather at Salares Norte mine in the...
Zambia lays ground work for minerals trading company
ZAMBIA this week approved the creation of a special purpose vehicle that will invest and trade in the country's mineral resources, said Bloomberg News.
It...