Anglo unveils merger of equals with Teck to form Anglo Teck
ANGLO American and Teck Corporation today confirmed they had reached agreement on a "merger of equals" of the two miners.
To be named Anglo Teck...
Anglo said to be nearing deal for Teck Resources
ANGLO American is close to securing a deal for Canada's Teck Resources, said Bloomberg News citing sources familiar with the negotiations.
The London-listed miner is...
Silver lease costs spike on trade worries
SOARING lease rates for silver are disrupting precious metals markets as traders brace for potential US tariffs that could further tighten already constrained London...
Pan African surges to high as plots London Main Market listing
PAN African Resources said on Monday it had applied to move its AIM listing in London to the bourse's Main Market.
"We believe the proposed...
Gold hits fresh record as Fed easing expected
GOLD soared to a record $3,600 per ounce on Monday, extending a remarkable rally fuelled by anticipation of imminent US interest rate reductions and...
Briggs confident Copper 360 will raise funds
COPPER 360 CEO Graham Briggs expects little difficulty securing the final R50m of the struggling miner's R1.15bn recapitalisation, describing the task in an interview...
ARM seeks partners for green smelting breakthrough
AFRICAN Rainbow Minerals is pursuing commercial partnerships for its revolutionary SmeltDirect technology, which could transform South Africa's struggling industrial sector, said News24 in a...
Sylvania Platinum projects give firm “room to grow”
SHARES in Sylvania Platinum, the London-listed mining group, have raced up 88% this year. While that’s not out of line with other platinum group...
GEM Diamonds cuts Letseng workforce by fifth
LESOTHO'S largest diamond mine has laid off 240 workers – a fifth of its staff – as plummeting gem prices and weak global demand...
Gold could surge to $5,000/oz, says bank
GOLD prices might soar to nearly $5,000 per ounce if US president Donald Trump's assault on Federal Reserve independence undermines America's central bank, according...