Gold on G20 agenda is key in fight against illegal trade
GOLD'S record-breaking gains have generated joy among its miners — but also worry. Looking beyond the outsized financial gains for investors, the explosion in...
Rio Tinto shelves Serbian lithium project
RIO Tinto has suspended work on its $2.95bn Jadar lithium project in Serbia as the mining company's new CEO pursues a strategy of cost...
Harmony Gold to review capital structure as cash vaults R6bn
HARMONY Gold said it was reviewing its capital structure in a way that would match "its funding profile to its cash flow generation".
Commenting in...
Tharisa signs $130m debt facility
THARISA, a South African chrome and platinum group metals miner, announced on Wednesday it had signed a $130m debt facility which it would use...
Teck held merger discussions with Vale unit
TECK Resources conducted intermittent merger negotiations with Vale's base metals division before finalising its agreement with Anglo American, said Bloomberg News citing people with...
Guinea targets premium prices for Simandou iron ore
GUINEA intends to maintain elevated prices for premium iron ore as its Simandou project prepares to ship its first cargoes this month, said Reuters...
Gold Fields promises $500m in shareholder returns over two years
GOLD Fields said today it planned to return $500m to shareholders over the next two years either in special dividends or by buying back...
Minerals Council says no respite from energy cost inflation
SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...
Cash flush AngloGold plans $100m Geita expansion
ANGLOGOLD Ashanti said on Tuesday it planned to spend $100m expanding production a fifth at Tanzania mine Geita to 600,000 ounces a year.
The New...
Carmakers abandon battery metal deals after price slump
MORE than half of supply agreements between western carmakers and miners for battery metals have been delayed, amended or scrapped following a sharp fall...