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Kenmare lowers ilmenite guidance as Mozambique power supply falters

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MOZAMBIQUE mineral sands miner Kenmare Resources lowered its ilmenite forecast for 2022 and raised costs owing to power outages in the fourth quarter. Ilmenite production...

AngloGold, Gold Fields yet to receive notice from Ghana on ‘gold...

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ANGLOGOLD Ashanti and Gold Fields said they had yet to receive a formal directive from Ghana following reports today the country's vice president had ordered them...

TFR lifts force majeure on coal line to Richards Bay following...

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TRANSNET Freight Rail (TFR) has lifted the force majeure on its North Corridor line that routes coal from mines in the Mpumalanga and Limpopo...

New Technology Aims to Stop An Old Danger in South Africa’s...

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November 25, 2022 by Ed Stoddard Thabang Ditibane spread his arms wide to describe the size of the stone that killed a fellow South African...

Anglo inks MoU with Europe’s largest copper supplier aimed at boosting...

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ANGLO American has signed a memorandum of understanding with Aurubis AG, Europe's largest copper supplier aimed at improving provenance of the metal. Mining firms are...

Thungela flips up BEE partner in R1.1bn deal ahead of Elders,...

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THUNGELA Resources is to buy out its empowerment partner in a deal worth about R1.1bn at the firm's current market price. The transaction comes as...

Anglo to source nearly half of Los Bronces water from desalination...

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ANGLO American has secured desalinated water supply for its Los Bronces copper mine in Chile from 2025, the group said today. This is following the signing...

Arrest of Eskom truck driver hints at criminal grip over SA’s...

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THE arrest of a coal truck driver highlights the extent of problems Eskom faces as it seeks to stem corruption it says is costing...

PIC may have given Implats an open invitation to bid higher...

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IS the battle for control of Royal Bafokeng Platinum (RBPlat) heading for a draw? That's one interpretation given that the firm's largest single shareholder,...

Glencore agrees to amend payment terms for $1.1bn Cobar sale

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GLENCORE has agreed to amend payment terms for the $1.1bn sale of its Cobar copper mine in Australia to Metals Acquisition Corp. (MAC), the...