All eyes on Congo as cobalt market hangs in balance
A LOOMING decision by the Democratic Republic of Congo (DRC) on cobalt exports could dramatically increase prices and push battery manufacturers towards alternative materials,...
Ethiopia secures $1.7bn in minerals investment
ETHIOPIA has secured investment deals worth more than $1.7bn for its minerals and energy sectors, predominantly with Chinese firms, said Reuters citing the country's...
Zelenskiy stake in Northam Platinum is fake news
A VIDEO circulating on social media claiming Ukrainian President Volodymyr Zelenskiy purchased a majority stake in Northam Platinum is fake news, said Reuters citing...
Gold Fields concludes $750m notes offering
GOLD Fields said on Tuesday it had concluded its $750m notes offering, the proceeds of which will be used to repay a bridge facility...
Gold Fields to do more to tackle ‘production cliff’ narrative
MINING executives are fond of claiming to follow value over volume strategies. In practice, they hardly ever do it. Why is this?
Mines, otherwise known...
Singapore’s Abaxx Exchange to launch new gold contract
SINGAPORE-based startup Abaxx Exchange is launching a new physical gold contract next month, seeking to challenge London and New York's grip on the global...
Menar buys Springlake anthracite colliery
MINING investment company Menar has bought Springlake Colliery, an anthracite mine previously owned by Mylotex after the operation was placed under business rescue.
The acquisition,...
Orano files lawsuit over Niger staff detention, asset seizures
FRENCH uranium company Orano has initiated legal action in Niger courts, citing "arbitrary arrest, illegal detention and unjust confiscation of property" of its staff...
Exxaro to buy manganese assets from Ntsimbintle for R11.67bn
EXXARO Resources on Tuesday announced an agreement to buy manganese assets in South Africa's Northern Cape, principally from Ntsimbintle Holdings which owns 50.1% of...
Alphamin registers first tin from Bisie since restart
ALPHAMIN Resources Corp. said on Monday it had restarted production at its Bisie tin mine in the Democratic Republic of Congo.
The mine produced 1,290...