First survivor pulled from collapsed mine in Zambia
THE first survivor of a landslide that inundated an open pit copper mine in Zambia has been rescued, said Reuters.
The rescue team also retrieved...
Rio’s Stausholm estimates $6.2bn spend on Simandou iron ore
RIO Tinto expected to spend $6.2bn developing Guinea's Simandou iron ore deposit with initial production pencilled in for 2025.
Speaking to Bloomberg News, Rio Tinto...
PGM miners face fight for survival if price downturn persists
A DASH for cash might be on the cards for South Africa’s haemorrhaging platinum group metals (PGM) sector if current spot prices persist for...
Blyvoor Gold valued by US-listed takeover partner at $425m
RIGEL Resource Acquisition Corporation, a New York-listed 'blank-check' company was in talks to combine with South African gold miner Blyvooruitzicht Gold Mining (Blyvoor Gold),...
Zambian rescue workers continue to search for miners after mudslide
RESCUE workers in Zambia were still searching on Monday for at least 25 informal miners buried alive three days ago by a mudslide at...
First Quantum to fast track Zambia’s Fishtie copper project
FIRST Quantum Minerals is to fast track the development at the Fishtie copper project starting in 2026, said Reuters.
The Toronto-listed firm signed an agreement...
Sibanye-Stillwater not yet abandoned Mopani Copper deal
SIBANYE-Stillwater had not given up buying Zambia's Mopani Copper despite an announcement last week a sale agreement had been signed with a company in...
Total fatalities in Rustenburg accident now at 13, says Implats
IMPALA Platinum (Implats) said today another employee involved in last week's Rustenburg 11 Shaft accident had passed away. This takes to 13 the number of employees...
Nagle’s plan for Glencore rests on this calculated gamble
THREE years after deciding to retain coal production, Glencore has unveiled a proposal to ditch the fossil fuel.
Under a deal announced on November 14,...
Gold surges to high but risk of short-term pull back
THE gold price surged to its highest level since the Covid pandemic amid growing expectations for US rate cuts early next year. This was...