There’s more to Exxaro price surge than energy security
SHARES in Exxaro Resources ran to a three year high this week and were not far short of their five-year high, reached in 2022....
US takes stake in graphite miner Syrah Resources
THE US International Development Finance Corporation (DFC) is converting a $31m loan to Australian graphite producer Syrah Resources into equity, giving Washington a roughly...
Farewell but not goodbye to ‘GlenTinto’, analysts say
THE failure of Rio Tinto and Glencore to agree on a proposed $240bn merger in February was, as one prominent bank described it, met...
Barrick slows Reko Diq on security fears
BARRICK Mining is extending its review of the Reko Diq copper-gold project in Pakistan and slowing development activity, citing escalating security concerns in the...
AngloGold to call $3.6bn US project study in June
ANGLOGOLD Ashanti said on Thursday a prefeasibility study of its cornerstone greenfields project Arthur confirmed average annual production of 500,000 ounces a year to...
SA’s new BEE ‘review’ a stinging test of political courage
WHEN it comes to BEE sceptics, there are few more vociferous than Moeletsi Mbeki, a man who, as the son of Govan Mbeki and...
Rio Tinto exits diamonds after half a century
RIO Tinto has closed its last diamond mine, ending more than 50 years in the business as the world's second-largest miner sharpens its focus...
Chile clears Codelco-Anglo copper mine venture
CHILE'S antitrust regulator has approved the joint mining plan between state copper producer Codelco and Anglo American at the Andina-Los Bronces project in the...
Glencore gives Eskom days to save ferrochrome deal
GLENCORE has given Eskom less than a week to accept revised terms on a power discount deal that would keep its South African ferrochrome...
Harmony Gold seeks end to 18-year PNG deadlock
HARMONY Gold is hoping that mediation will bring what it has sought for nearly 18 years: the development of Wafi-Golpu, a gold and copper...