Zambia’s permit overhaul won’t apply to existing licence holders
PLANS by Zambia to appropriate shares in mining projects won't apply to any assets where licences have already been granted, said Bloomberg News.
"No entity...
IRA amendment hands Sibanye-Stillwater R4.2bn benefit
AN adjustment to the US's Inflation Reduction Act (IRA) extending incentives to mining would add $240m (R4.2bn) in benefits to Sibanye-Stillwater's beleaguered US platinum...
Gold gives Sibanye-Stillwater much-needed Ebitda boost
THE surge in the gold price supplied Sibanye-Stillwater with a much-needed lift for the third quarter helping to boost adjusted Ebitda 9% to R3.3bn...
De Beers hopes of Botswana deal boosted by shock election
DE BEERS' plans to sign a new diamond sales agreement with Botswana would be boosted by last week's election result in which President Mokgweetsi...
Motsepe’s ARM faces $195m law suit in Tanzania – report
PATRICE Motsepe's African Rainbow Minerals (ARM) is facing a $195m claim in Tanzania amid allegations it breached a confidentiality agreement regarding a proposed joint...
Anglo to sell Aussie metallurgical coal stake for A$1.6bn
ANGLO American finally has runs on the board in its far-reaching restructuring strategy announcing on Monday an agreement to sell its 33.3% stake in...
Mali to take 35% in Kodal’s Bougouni lithium project
KODAL Minerals said on Friday it had finalised the terms of a mining licence with the Mali government for its 125,000 tons a year...
Hummingbird lenders extend due date on debt as talks continue
THE restructuring of Hummingbird Resources' balance sheet is continuing with the gold junior saying on Friday one of its largest lenders, Coris Bank, had...
‘Good feeling’ led to Sibanye-Stillwater cancelling nickel deal
SIBANYE-Stillwater’s decision to cancel a share purchase agreement for the Santa Rita nickel and Serrote copper-gold mines in Brazil was based on a geotechnical...
For Sibanye-Stillwater, 2024 will go down as a year to forget
SIBANYE-Stillwater has had a bad run of fortune. On October 18 it announced that bushfires in Queensland, Australia, had damaged surface infrastructure at its...