Angola to inaugurate first major copper mine
ANGOLA will shortly commence production at its inaugural large-scale copper mine as the oil-dependent nation seeks to diversify into clean energy minerals, said Reuters...
RBM may fall into China’s lap if Rio proceeds with swap...
RICHARDS Bay Minerals could fall into Chinese hands if majority shareholder Rio Tinto offers the titanium miner as part of an asset for shares...
Rio Tinto explores Chinalco stake reduction deal
RIO Tinto is considering an asset-for-equity arrangement with Chinalco that would reduce the Chinese investor's 11% holding, enabling the miner to restart share buybacks...
London bullion chief seeks gold futures revival
THE new chair of the London Bullion Market Association has urged the revival of gold futures trading in the UK despite earlier failed attempts...
Mali resumes production at seized Barrick gold mine
OPERATIONS have restarted at Barrick Mining Corp.'s Loulo-Gounkoto gold mine in Mali following a nine-month shutdown, said Bloomberg News which cited unnamed sources.
The Canadian...
Gold falls most in 12 years after record run
GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs.
Gold plummeted as...
Duties on Russia’s palladium may support price for longer
AN anti-dumping petition on Russian palladium exports to the US could give a further lift to the metal in 2026 if the measures were...
Appian secures $1bn World Bank partnership
APPIAN Capital Advisory has secured a $1bn partnership with the World Bank's private sector arm to finance mining projects primarily in Africa and Latin...
South32 draws blank on Mozambique smelter talks
SOUTH32 said it had drawn a blank with the Mozambican government regarding the future of the 370,000 tons a year Mozal aluminium smelter.
The miner...
BHP maintains optimism despite Chinese slowdown
BHP struck an upbeat note about global iron ore demand on Tuesday despite warning of moderating Chinese growth, said Reuters in a report on...