Tharisa navigates tricky quarter thanks to resilient PGMs
A DECLINE in grade hampered platinum group metal recoveries in a traditionally hazardous second quarter for Tharisa. However, an $800 per ounce gain in...
Uncertainty clouds Jubilee’s copper ambitions
ZAMBIAN copper producer Jubilee Metals has spent the past two years pitching itself as an emerging copper miner rather than just a processor of...
Ferrochrome: Eskom opts for less revenue than none at all
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
THERE was a 13% increase in platinum group metal exports in the first two months of this year, said Swiss bank UBS in a...
US minerals deal helps Congo raise $1.25bn in maiden bond
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
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
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
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...
Trafigura strikes Ghana gold offtake and financing deal
COMMODITY trading house Trafigura Group has agreed to purchase 700,000 ounces of gold doré from Ghana's Heath Goldfields and provide $65m in debt, Bloomberg...
Barrick shifts focus to M&A in less risky jurisdictions
BARRICK Mining Corp is pivoting away from riskier operating environments and returning to mergers and acquisitions, said Bloomberg News on Thursday citing a letter...