Kuvimba revises Darwendale platinum project approach
KUVIMBA Mining House has redesigned its Darwendale platinum development as an open-pit operation rather than the originally planned underground mine, said Trevor Barnard in...
Namib minerals plans $300m Zimbabwe mine revival
NAMIB Minerals intends to invest $300m in restarting two dormant gold mines in Zimbabwe, said Reuters citing Ibrahima Tall, CEO of Namib Minerals.
The...
Kenmare to book $125m impairment amid oversupply
KENMARE Resources announced on Wednesday it would book an impairment of no more than $125m on its first half accounts as it expected long-term...
Rio Tinto names head of iron ore Simon Trott as new...
RIO Tinto Group has appointed its iron ore boss Simon Trott as CEO, replacing Jakob Stausholm from August 25, said Bloomberg News on Tuesday.
The...
Transnet faces cash crisis despite government lifeline
S&P Global Ratings forecast freight rail and ports operator Transnet will burn cash for the next three years, according to a report by BusinessLive...
Zambian mining chief urges US to waive copper import tariffs
THE leader of Zambia's state mining corporation is pushing for the US to grant exemptions from proposed copper import duties, arguing that such tariffs...
South32 warns over Mozal ouput in 2026 as power talks stall
SOUTH32 has raised major doubts about the sustainability of aluminium production from its facilities in Mozambique, saying in an update on Monday it had...
Commodity traders poised for $300m copper windfall
FOUR major commodity trading houses stand to earn extraordinary profits exceeding $300m after positioning themselves ahead of Donald Trump's copper tariff announcement, capitalising on...
Coal decline risks poverty crisis, warns Thungela chief
THE uncontrolled decline of coal production poses a greater immediate threat to global communities than climate change itself, according to July Ndlovu, the outgoing...
Implats to shut Canadian mine Lac des Illes
IMPALA Platinum (Implats) plans to cease operations at its Ontario mine by May 2026, endangering 750 positions as weak metal prices undermine the facility's...