Gold slides for seventh session on inflation fears
GOLD fell for a seventh consecutive session as escalating conflict in the Middle East drove oil prices higher and dimmed prospects for a near-term...
Minerals Council warns against Govt “sandbagging”
THE Minerals Council of South Africa has once again appealed to Government to assist rather than block the growth of the country’s mining industry.
Addressing...
KoBold starts development of Zambia copper project
KOBOLD Metals, the mining company backed by US billionaires Jeff Bezos and Bill Gates, has begun development of its Mingomba copper project in Zambia,...
Zijin unit eyes tungsten and uranium investments
ZIJIN Mining Group, China's biggest gold and copper producer, is looking to expand into tungsten and uranium as the global race to secure critical...
Diamond industry faces its deepest crisis
THE global diamond industry is in its deepest crisis in modern history, battered by collapsing Chinese demand, the rapid rise of lab-grown stones, US...
Exxaro boosts payout as Iran crisis drives coal higher
EXXARO Resources declared a R10 per share (R3.4bn) final dividend today following robust headline profits for the year ended December.
The payout, 15% higher than...
BHP’s Craig flags discipline over deals in new role
BRANDON Craig, appointed CEO-elect of BHP Group this week, has signalled that organic growth will take precedence over acquisitions as he prepares to take...
Congo export curbs to keep cobalt scarce till 2030
A GLOBAL cobalt shortage is expected to persist through the end of this decade as export restrictions from the Democratic Republic of Congo continue...
Sibanye-Stillwater welcomes new US tariff on Russian palladium
SIBANYE-Stillwater said on Wednesday it welcomed proposed countervailing duties on Russia by the US Department of Commerce related to imports of unwrought palladium.
The department...
Ghana studies bids to revive seized Damang mine
GHANA is assessing three bids from local investors to take over Gold Fields' Damang gold mine, nearly a year after the government seized control...