Mopani declines copper concentrate export allocation
MOPANI Copper Mines, the Zambian unit of Abu Dhabi-based International Resources Holding, will not export copper concentrate despite receiving the largest single allocation under...
Rupert family score big in gold-backed ETFs
INVESTORS that held the proverbial golden egg — in other words, physical bullion — can’t quite claim a 50-fold return, but a 600%-plus return...
Wesizwe Platinum to cut staff 70% as rips up mining plan
WESIZWE Platinum has unveiled drastic measures after failing to commission its Bakubung mine in South Africa's North West province, announcing today it would rip...
Zambia extends copper concentrate export duty waiver
ZAMBIA has extended a suspension of its 10% copper concentrate export duty to 30 September, giving miners more time to clear stockpiles of unprocessed...
Afrimat is a victim of failed industrial policy in SA
AFRIMAT is one of those companies that is surviving despite the chaos of industrial policy. But how long can these companies remain afloat?
Afrimat’s recently...
Vedanta’s CopperTech files for New York listing
COPPER Tech Metals, the Zambian copper producer set up by Vedanta Resources, has filed for a US initial public offering, reporting a more than...
Simandou iron ore exports surge in ramp-up milestone
IRON ore exports from the Simandou mine in Guinea surged in May hitting 2.2 million tons, sharply above April's record of 1.3Mt, reports Bloomberg...
Is Harmony Gold being unfairly ignored by investors?
IT'S a curious fact of mining that companies talking about projects are often better rated than those actually building them. The unpalatable truth is...
Gold overtakes US Treasuries as top reserve asset
GOLD has displaced US government bonds as the world's leading reserve asset, driven by relentless central bank buying and a price rally that has...
Tin price defies supply reality on scarcity narrative
TIN is trading close to all-time highs despite improving supply conditions, as speculative investors continue to price in long-term scarcity fears rather than near-term...