Perseus sells Sudan gold prospect as civil war rages on
PERSEUS Mining has thown the towel in on its Sudan gold exploration holdings agreeing to the sale of Meyas Sand Gold Project to China's...
South32 to incur $60m cost as Mozal mothballed
SOUTH32 said on Monday it had put its 63.7%-owned, 320,000 ton a year Mozal aluminium smelter in Mozambique on care and maintenance, effective March...
S&P cuts Botswana rating on diamond market woes
S&P Global Ratings has downgraded Botswana's long-term sovereign credit rating to BBB- from BBB, citing structural weakness in the global diamond market that will...
Glencore boss eyes fresh merger talks with Rio Tinto
GLENCORE CEO Gary Nagle is hoping a recent surge in coal prices will help bring Rio Tinto back to the table for another attempt...
Iron ore heads for biggest weekly gain
IRON ore is heading for its biggest weekly gain in more than a year after China's state-backed buyer moved to expand restrictions on BHP...
ERG unit urges Congo to halt illegal mining
A UNIT of Eurasian Resources Group (ERG) has called on the Democratic Republic of Congo to end illegal mining on one of its copper...
Eskom tariff for ferrochrome “needs to be replicated”
ONE assumes the electricity regulator in South Africa (Nersa) is conscious that in approving a heavily discounted tariff for ferrochrome smelters, it is waving...
Lucara Diamond secures balance of funds for $779m Karowe
THE future of one of the world's richest diamond mines has finally been secured three years after its botched expansion threatened to bankrupt owner...
Resolute greenlights $516m Côte d’Ivoire gold mine
RESOLUTE Mining has given the final thumbs up for its $516m Doropo project in Côte d'Ivoire, scoped in a recent feasility study to produce...
Anglo American iron ore cargoes diverted by Iran war
AT least three iron ore cargoes operated by Anglo American have been diverted mid-voyage as the US and Israeli military campaign against Iran chokes...