Pressure on Eskom as South32’s Mozal edges towards closure
PRESSURE on Eskom, South Africa’s main electricity supplier, to come up with more affordable power tariffs for more of its industrial customers has intensified...
Canada clears Anglo’s $50bn takeover of Teck
CANADA has granted regulatory approval for Anglo American’s acquisition of Teck Resources, paving the way for a $50bn metals company focused on copper operations...
The copper core
ON December 3 diversified miner Glencore rolled out plans for new copper projects totalling $14bn in expenditure. That increases to $24bn should it develop...
Cobalt miners keep quotas amid Congo export delays
DEMOCRATIC Republic of Congo has guaranteed cobalt producers will retain their full 2025 export allocations despite ongoing delays in implementing new shipment procedures that...
Ghana bans all mining in forest reserves
GHANA has prohibited all mining operations within forest reserves, marking a significant reversal of environmental policy in Africa's leading gold-producing nation.
Reuters cited the country's...
The day AngloGold was worth more than Anglo American
FOR a brief but delicious moment, AngloGold Ashanti was worth more than Anglo American, its former parent company. On November 27, AngloGold hit a...
FTSE listing to give Pan African investor lift
PAN African Resources, once considered an also-ran in South Africa’s gold sector, has been admitted to the FTSE 250 index following its recent shift...
Perseus aborts takeover of Predictive Discovery
PERSEUS Mining terminated its A$2.1bn takeover proposal for Predictive Discovery, the company said on Thursday.
This was after Canada's Robex Resources exercised its right to...
Glencore exports first cobalt under Congo quotas
GLENCORE has completed the inaugural cobalt shipment under Democratic Republic of Congo's new quota regime, dispatching a test consignment this week to trial the...
Silver punches through $60/oz to set new record
SILVER breached $60 per ounce for the first time on Tuesday, capping an historic rally that has seen prices more than double since January...