AI and defence will strain copper supplies
GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...
Jubilee receives further payment for SA exit
JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...
Rainbow relishes benefits of a growing rare earths family
RARE earths, it turns out, are a broad family of elements – 17 in all – any of which sound like the forbidden substance...
SA throws lifeline to ferrochrome producers
SOUTH Africa has loosened antitrust regulations to allow companies in sectors crippled by soaring electricity costs to jointly negotiate cheaper power supplies, a move...
Copper prices surge to record on tariff uncertainty
COPPER has extended its powerful rally, breaking through $13,000 per ton for the first time as traders rushed to ship metal to the United...
Gold Fields CEO says market is too short term
GOLD Fields CEO Mike Fraser admits to some frustration in the wake of his company’s capital markets day last year when it outlined production...
Jihadists attack Mali gold mine and seize workers
SUSPECTED jihadists launched an assault on Mali's Morila gold mine over the weekend, destroying equipment and temporarily seizing seven employees before their release, said...
Copper surges towards record on supply concerns
COPPER rallied about three percent towards record levels as traders anticipated tightening supplies and potential United States import tariffs in the new year.
"Overall supply...
Rwandan tungsten mine enters US defence supply chain
RWANDA'S Nyakabingo tungsten mine has become the largest source in Africa since Trinity Metals Group acquired the operation in 2022, tripling output to over...
Axis International launches $29bn Guinea arbitration claim
UNITED Arab Emirates-based Axis International has initiated a $29bn arbitration case against Guinea's government following the revocation of its bauxite mining permit, equipment seizures...