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Angola floods halt Lobito Corridor rail operations

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FLOODING in western Angola has suspended rail traffic along the Lobito Corridor, disrupting a critical export route for copper, cobalt and other minerals from...

Uncertainty clouds Jubilee’s copper ambitions

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ZAMBIAN copper producer Jubilee Metals has spent the past two years pitching itself as an emerging copper miner rather than just a processor of...

Botswana president visits Oman to advance De Beers bid

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BOTSWANA'S President Duma Boko has travelled to Oman to sign cooperation agreements and advance his country's efforts to acquire a controlling stake in diamond...

Ferrochrome: Eskom opts for less revenue than none at all

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ESKOM has opted for less revenue from South Africa's ferrochrome producers rather than no revenue at all. For a company that now generates more...

SA platinum exports surge but miners face war inflation

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THERE was a 13% increase in platinum group metal exports in the first two months of this year, said Swiss bank UBS in a...

Kemcore to build African mining chemicals plants

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MINING chemicals importer Kemcore is to construct processing facilities in Botswana and Angola, said Reuters on Friday. Kemcore believes the move will reduce the risk of...

US minerals deal helps Congo raise $1.25bn in maiden bond

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THE Democratic Republic of Congo has raised $1.25bn in its first international bond sale, capitalising on growing global demand for its critical minerals and...

Eskom agrees power tariff in bid to save SA ferrochrome

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ESKOM will supply South Africa's ferrochrome industry with heavily discounted power for the next five years under an amended Negotiated Price Agreement (NPA). The agreement,...

Tin surge helps Alphamin to record earnings but fuel hike looms

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A BUOYANT tin price helped Congo miner Alphamin to record earnings in the March quarter in which it also generated $128m in cash. Shares in...

Iron ore slips on signs of BHP-China thaw

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IRON ore prices fell to their lowest in a month after reports emerged that BHP Group's incoming CEO had visited Beijing, raising hopes that...