Glencore backs cobalt investment firm planning UK listing
GLENCORE is to take a 10% stake in a cobalt investment company that plans to float in London during May, the Financial Times reported...
Menell’s Techmet plans to develop lithium mine in Ukraine
TECHMET, a privately held company run by South African mining entrepreneur, Brian Menell, plans to develop a lithium mine in Ukraine.
Menell told the Financial...
Antimony shortage to worsen as West replenishes munitions
A GLOBAL shortage of antimony – used in munitions – could worsen as the US and Europe replenish stockpiles of bullets and bombs used...
Rio Tinto asked to end “value destructive” structure
LONDON-based hedge fund Palliser Capital published a letter sent to the chair of Rio Tinto in which it asked the group to take further...
Merafe may idle up to two-thirds of ferrochrome production
MERAFE Resources could mothball up to two-thirds of ferrochrome production in terms of a business review which is expected to be completed by May.
Zanele...
Minerals exploration spend falls for second consecutive year
EXPLORATION for minerals fell for the second consecutive year in 2024, sliding six percent to $12.5bn, according to a report by the Financial Times.
Citing...
US open to minerals deal with Congo
THE US was open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday. This was...
Barrick committed to “mutually beneficial resolution” with Mali
BARRICK Gold was "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, said...
Merafe impairs smelter R575m as production hangs in balance
MERAFE Resources posted a 62% decline in full year earnings ended-December owing to a hefty decline in ferrochrome sales and a rise in costs.
Its...
ARM open on selling stake in Harmony Gold
AT African Rainbow Minerals’ (ARM’s) interim results presentation on Friday, Chairman Patrice Motsepe said the group would “listen to shareholders” regarding its stake in...