Cobalt Holdings scraps £180m London IPO
COBALT Holdings has abandoned its planned London listing just weeks after announcing a $230m share offering backed by leading investors including Glencore, said the...
Sale of De Beers draws interest from former CEOs: report
ANGLO American's planned sale of De Beers is drawing interest from former CEOs of the diamond mining giant, Bloomberg News reported on Thursday.
The disposal...
Jubilee to ease pressure with $90m sale of SA business
JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa.
Commenting on the planned...
Abu Dhabi’s IRH to buy Alphamin control for C$503m
INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE's International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin...
Harmony fosters inclusive development in North West province
IN a continued effort to foster inclusive development, Beyers Nel, Group CEO of Harmony, recently met with the Premier of the North West Province...
Shuka unfazed by legal storm over copper target Kabwe
COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since...
Central banks the force behind record gold rally, says report
CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...
China’s mineral curbs threaten global auto production
GLOBAL automakers are sounding alarms over China's export restrictions on critical minerals, warning of potential production shutdowns as supply chain disruptions spread worldwide.
"If the...
Mali suspends artisanal gold mining as rains fall
MALI has temporarily halted all artisanal gold mining operations during the upcoming rainy season to safeguard workers from potentially fatal landslides, said Reuters citing...
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing...