Home News Page 3

News

Aluminium price surges to 13 year high on bauxite supply fears

THE price of aluminium broke through $13,000 a ton for the first time in 13 years today owing to supply concerns following a coup...

Mick Davis returns with a plan to spend where mining giants...

MICK Davis has had a singular career. Firstly, there’s the knighthood, awarded in 2015 for his efforts in Holocaust commemoration and education. Then there’s...

West Africa’s political whirligig won’t keep investment dollars from its gold

IN 1997, when Randgold Resources listed on the London Stock Exchange, about 2.5% of world gold production was being dug in West Africa, of...

One mighty share issue saved Petra Diamonds. Now CEO Richard Duffy...

WITH the loan restructuring completed - which reduces Petra’s debt to manageable levels -  and a sustainable recovery hopefully underway in the global diamond...

Sibanye-Stillwater says breakout of uranium price to support “ready to roll”...

THE price of uranium was due a major breakout in the medium-term - a development that would support Sibanye-Stillwater’s plans to embark on commercial...

Sibanye-Stillwater “seriously considering” making Covid-19 vaccinations mandatory

SIBANYE-Stillwater was "seriously considering" making Covid-19 vaccinations mandatory on its South African and North American operations. Discovery, the medical scheme administrator company, was the first...

Uranium price jumps to highest level since 2014 after concerted fund...

THE price of uranium has surged to its highest level since 2014 owing to buying pressure exerted by Sprott Inc, an investment firm that...

SA mining policy must support sector’s desire for new projects, says...

MINING companies have rehabilitated themselves from the overspend of the previous commodity cycle but it was crucial that the sector begin spending again in...

West African power bloc ECOWAS suspends Guinea following coup

THE Economic Community of West African States (ECOWAS), West Africa's 15-member political and economic bloc, suspended Guinea's membership on Wednesday and called for the...

Platinum forecast to swing to surplus in 2021 as SA mine...

DESTOCKING of platinum group metal (PGM) inventories by South African mining firms sent the platinum market into surplus of 161,000 ounces in the second...