Anglo withdraws executive bonuses ahead of Teck vote
ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...
What’s behind Mantengu’s crusade against the JSE?
FOR a junior miner barely two years into its listed life, Mantengu has found itself at the centre of an extraordinary saga — one...
Rio Tinto targets $10bn from non-core asset sales
RIO Tinto CEO Simon Trott outlined plans on Thursday to generate $5bn to $10bn through divestments and productivity growth as he moves to simplify...
Marula Mining plans to build gold refinery in Tanzania
JASON Brewer, CEO of Marula Mining, is the type of mining speculator Johannesburg was built on. But it was in Perth that the UK-born...
Codelco and Glencore plan Chilean copper smelter
CHILE'S state copper producer Codelco and Swiss miner Glencore have signed an initial agreement to develop a smelter in northern Chile, the companies announced...
SA weighs eleventh hour plan to save ferrochrome smelters
SOUTH Africa's ferroalloy industry has tabled an electricity pricing proposal requiring no government or Eskom subsidies, said News24 on Thursday.
Ferrochrome producers including Glencore and...
Copper rally will prove short-lived warns Goldman Sachs
GOLDMAN Sachs has challenged the bullish sentiment surrounding copper, predicting the metal's surge past $11,000 a ton will not last as supplies remain adequate...
Glencore to reopen Alumbrera as targets 1.6mt/y in copper output
GLENCORE annnounced today the restart of its Alumbrera mine in Argentina by late 2026 as it sought to give fresh momentum to its struggling...
Vale and Glencore plan Canadian copper venture
VALE and Glencore are considering a joint copper project in Canada as both companies seek greater exposure to a metal expected to face supply...
Mali recovers $1.2bn from mining audit
MALI'S government has clawed back 761 billion CFA francs ($1.2bn) in unpaid dues from mining operators following an extensive industry review, said Reuters citing...