Rio Tinto urged to make “now or never” bid for Teck
ACTIVIST fund Palliser Capital has urged Rio Tinto to mount a counterbid for Teck Resources which recently set out terms for a nil-premium merger...
Exxaro sells ferrosilicon assets for R250m to EverSeed
EXXARO Resources announced on Monday the sale of its ferrosilicon assets for R250m which it said was in line with its strategy to focus...
Newmont CEO says Ghana’s fiscal stability key
NEWMONT CEO Tom Palmer emphasised the importance of fiscal certainty and equitable taxation in attracting mining capital, as the company inaugurated its $900m Ahafo...
DRDGOLD plans to target offshore tailings partners
DRDGOLD is in early stage planning to expand internationally by establishing partnerships with miners interested in mining tailings.
CEO Niël Pretorius said this week his...
Platinum price “tailwind” offsets Implats’ disrupted Q1
IMPALA Platinum (Implats) welcomed the improved platinum group metal (PGM) market which helped offset disrupted first quarter production.
Commenting in an update on Friday, the...
Rare earths to be in deficit for 15 years, says Rainbow...
A SUPPLY deficit in rare earths was likely to exist for at least a decade even as the US rushes to secure deals for...
Rio Tinto CEO emails staff about “fundamental” restructure
RIO Tinto CEO Simon Trott wanted a "fundamental" reorganisation of the mining giant, focusing operations around its most profitable commodities, said Bloomberg News citing...
Brussels to probe China-backed Anglo nickel deal
THE European Commission is to launch an investigation into the $500m sale of Anglo American's nickel business to Chinese company MMG, said the Financial...
Investors drive gold demand to record $146bn in third quarter
DEMAND for gold reached a record $146bn in the third quarter as investors flocked to the metal and – importantly – central banks increased...
Anglo expects Chilean copper recovery in 2027
ANGLO American anticipates its flagship Chilean copper mine will return to normal production levels in 2027 after confronting a period of lower-quality ore that...