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Glencore confirms all-share merger talks with Rio Tinto

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GLENCORE announced on Thursday evening it was in talks with Rio Tinto about a possible merger between the two companies. "Glencore notes recent media speculation...

Nickel retreats as Indonesia withholds output cut details

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NICKEL prices extended losses after Indonesia failed to specify production reductions that had previously sparked a sharp rally in the battery metal, said Bloomberg...

Precious metals fundraising reaches 12-year peak

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GOLD and silver mining companies secured over $6.2bn through share sales last year, marking the highest capital-raising volume in at least 12 years for...

AI and defence will strain copper supplies

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GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...

Jubilee receives further payment for SA exit

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JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...

Rainbow relishes benefits of a growing rare earths family

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RARE earths, it turns out, are a broad family of elements – 17 in all – any of which sound like the forbidden substance...

SA throws lifeline to ferrochrome producers

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SOUTH Africa has loosened antitrust regulations to allow companies in sectors crippled by soaring electricity costs to jointly negotiate cheaper power supplies, a move...

Copper prices surge to record on tariff uncertainty

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COPPER has extended its powerful rally, breaking through $13,000 per ton for the first time as traders rushed to ship metal to the United...

Gold Fields CEO says market is too short term

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GOLD Fields CEO Mike Fraser admits to some frustration in the wake of his company’s capital markets day last year when it outlined production...

Jihadists attack Mali gold mine and seize workers

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SUSPECTED jihadists launched an assault on Mali's Morila gold mine over the weekend, destroying equipment and temporarily seizing seven employees before their release, said...