Mining sector leads global equity rally on supply concerns
GLOBAL mining stocks have emerged as the standout performers of 2025, with the MSCI Metals and Mining Index surging nearly 90%, said Bloomberg News.
The...
Zijin to expand African footprint with C$5.5bn Allied Gold deal
ZIJIN Gold International, the Hong Kong listed firm, is to buy African miner Allied Gold in a C$5.5bn cash deal, the companies announced on...
Pan African unveils maiden interim dividend as gold smashes $5000
PAN African Resources is to pay a maiden interim dividend amid a strong operational performance for the six months ended December.
Announcing an operational update...
Valterra Platinum to double earnings as PGMs storm back
VALTERRA Platinum said in a trading statement today full year headline earnings for 2025 could double owing to a 26% increase in metal prices...
Gold climbs towards $5,000 amid geopolitical turmoil
GOLD surged to a record above $4,967 an ounce on Friday, supported by a weaker dollar and mounting geopolitical tensions, whilst silver climbed to...
Ivanhoe Atlantic targets US stock market listing
A DECADE-long dispute over rail access has been resolved, clearing the way for Ivanhoe Atlantic to develop its $1.8bn Kon Kweni iron ore deposit...
Time is ripe for a Rio Tinto, Glencore merger
NOW we know why Glencore CEO Gary Nagle refrained from restructuring the company last year. Instead of spinning out coal or selling the group’s trading...
Freeport progresses on Indonesian mine restart
FREEPORT-McMoRan is advancing plans to restart its Indonesian copper operation following September's deadly mudslide that closed the facility crucial to global supplies.
The company has...
Mali decrees tighter control over gold mining sector
MALI'S military leadership has established a ministerial-level position to oversee the mining sector, giving the presidency direct control over the crucial gold industry, said...
Kenmare adjusts lender covenants for year of “elevated debt”
KENMARE Resources has targeted lower output for its 2026 financial year than in previous years and renegotiated covenants with lenders amid expectations of balance...