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Bauxite prices peak despite attempts to Guinea coup leader reassuring miners

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THE price of bauxite recorded its highest price in 18 months following a military coup in Guinea, said Reuters. Bauxite, used in the manufacture of...

ARM singles out vanadium as long term battery metal investment target

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AFRICAN Rainbow Minerals (ARM) intended to broaden its commodity reach into more battery metals such as vanadium, said the group's CEO, Mike Schmidt. "I think...

ARM doubles capital outlay for 2022 as commodity price gains boost...

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AFRICAN Rainbow Minerals (ARM) has announced a 50% increase in capital expenditure for its 2022 financial year in the first of three years of...

Sylvania Platinum “could well pay windfall dividend” in 2022 if PGM...

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SYLVANIA Platinum declared a final dividend of four pence per share on the back of a hefty 143% year on year improvement in annual...

Guinea’s Alpha Condé overthrown by military coup

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THE government of Guinea’s recently re-elected president Alpha Condé has been overthrown by a military coup, according to reports on Sunday. However, Guinea’s defence ministry...

Implats in talks with PTM to scale back Waterberg Project as...

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IMPALA Platinum (Implats) has made the offer of an offtake agreement to shareholders of the Waterberg Project conditional on scaling down the project's scope. This...

Base Resource ekes out additional life at Kwale mineral deposit

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BASE Resources said a prefeasibility study of the further extension of the Kwale mineral sands deposit in Kenya found it was economically viable to...

DRC to seek compensation from Angolan diamond mine for dam leak

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THE Democratic Republic of Congo (DRC) will seek compensation from the owners of an Angolan diamond mine for a tailings dam leak that polluted drinking...

Trust deficit: If the mining sector is taking ESG seriously, why...

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LET’S get the obvious out of the way: is mining really changing? Or are the billions of pixels spent in lengthy exposition of ESG...

TFR “simply under attack” as armed groups of 25 people disrupt...

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SOUTH African mineral exports have experienced more disruption, according to Transnet, the government-owned logistics and freight company. In a statement today, it said Transnet Freight...