Home News Page 163

News

Anglo may broaden battery minerals business in Finland

0
ANGLO American said on Monday it had concluded a business agreement with Finland to "support the country's battery metals strategy". It said a memorandum of...

Glencore bows to inevitable by shuttering nickel mine

0
THE steep decline in the nickel price has claimed another scalp after Glencore said on Monday it would shutter its 49%-owned Koniambo mine. The announcement...

Allied’s Marrone targets consolidation of African gold

0
THERE'S a new kid on the block in African gold mining – Allied Gold – and the company is looking to fundamentally change the...

SA’s platinum group metal miners hit rock bottom – hopefully

0
TRADING updates from Impala Platinum and Anglo American Platinum this week are telling the story of last year’s wipeout in share prices. According to...

Vedanta’s Griffith targets $1.3bn rebuild of Konkola Copper

0
VEDANTA Base Metal's top priority in Zambia will be to restore the loss-making Konkola Copper Mines (KCM) to profitability and build up production from...

Africa warned against imposing export bans on minerals

0
AFRICA has been warned to steer clear of export bans on undeveloped minerals until infrastructural deficits are tackled. Benedikt Sobotka of Kazakh miner Eurasian Resources...

Transmission infrastructure urgently needed for Mpumalanga

0
SOUTH Africa's Mpumalanga province could run out of available grid capacity within the next five to six years if no new transmission infrastructure is built...

Congo firm to buy cobalt from artisanal miners within three months

0
THE Democratic Republic of Congo’s Entreprise Generale du Cobalt (EGC), a company established to buy up metal from the country's artisanal miners, could start...

DRDGold increases unit cost guidance for 2024

0
DRDGOLD forecast full year gold production for the 12 months ended June to come in at the lower end of its 165,000 to 175,000...

Kumba cuts output 26% to counter “unsustainable” stock level

0
KUMBA Iron Ore cut fourth quarter production 26% to ease pressure on mineral stockpiles at its mines and Saldanha port which it said had...