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Orion awaits Glencore’s $250m Prieska cheque

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INVESTORS are still waiting for Glencore's $250m (R4.5bn) to Orion Minerals to clear, with the miner saying several hurdles remain before funds can flow...

Deep-sea mining threatens rare molluscs

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MORE than half of mollusc species living near underwater hydrothermal vents face extinction risk from deep-sea mining, the International Union for Conservation of Nature...

Fortuna nears final Senegal gold permit

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FORTUNA Mining expects to secure the final construction permit for its Diamba Sud gold project in Senegal within weeks in a development that will...

How long before miners call on Eskom for their rebates?

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ESKOM will invite the attention of its mining clients in yet stronger terms if it agrees to cut its tariff for Transalloys, the manganese...

Gold, platinum shares in good space after metals correct

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ENTHUSIASM for precious metals had evaporated in recent weeks, leaving mining shares in good buying territory, said analysts. "Investor sentiment towards South African mining equities...

Transnet’s TRIM scraps R1.1bn tender amid irregularities – report

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TRANSNET Rail Infrastructure Manager (TRIM), the newly formed state rail entity, has cancelled a R1.1bn request for proposals to lease out 11 rail sidings...

Canada mulls C$400m Teck metals investment

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CANADA has proposed a potential equity-style investment of up to C$400m ($281.93m) in Teck Resources to help expand the company's Trail Operations facility in...

Sibanye-Stillwater will look to Africa for new gold output

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SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future. "I can speculate on where I...

Citi joins elite club of gold clearing banks

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CITIGROUP has become the first new member in a decade to join the elite group of banks clearing physical gold and silver in London,...

US set to approve South32’s Arizona zinc mine

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THE Trump administration is expected to approve South32's $2bn Hermosa zinc and manganese project in Arizona this week, with the US Forest Service set...