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Precious metals to the rescue for SA budget

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THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over...

Copper 360 in new turmoil after CEO takes “leave of absence”

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COPPER 360, the Northern Cape miner, said on Friday it had appointed a "transitional" CEO after Graham Briggs - in the job for eight...

BHP unveils collaboration with Govt on minerals data

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THERE is a definite air of forward momentum in South Africa's much ignored minerals exploration sector. On the back of a R600m commitment from...

US deal on Glencore mines paves way for new mining house

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A US government-backed consortium's plan to buy 40% of Glencore's copper-cobalt operations in Democratic Republic of Congo could create a vehicle for further mining...

Rio Tinto shareholders applaud collapsed Glencore deal

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AUSTRALIAN investors in Rio Tinto have welcomed the miner's decision to abandon merger negotiations with Glencore, saying the company must now demonstrate the value...

It’s time Govt. stepped up to global mining challenges

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EVERY year, for the past few decades, the world’s mining heavyweights have come to South Africa at the beginning of February, expressed their displeasure...

Rio, Glencore terminate merger talks over lack of premium

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RIO Tinto terminated merger discussions with Glencore on Thursday after refusing to offer a control premium for the Swiss headquartered business. In its announcement, Rio...

10 years later, Lily Mine disaster victims still waiting closure

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ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the...

Rio pushes to retain executives in Glencore merger

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RIO Tinto and Glencore remain in discussions over valuation and governance as talks to conclude a proposed $260bn merger are set to be extended...

Barrick gives green light to IPO of North American mines

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BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...