Kabanga Nickel in spotlight as West forms minerals coalition
THE US government is due to unveil financing for the Kabanga Nickel, a project in Tanzania in which BHP has a 17% stake.
The commitment...
Gold Fields paid premium for Osisko to avoid ‘another Yamana’
GOLD Fields is one of the companies criticised for overpaying for assets following its C$2.16bn Osisko Mining takeover last month.
Concluded at a 55% premium,...
World’s largest banks to throw weight behind nuclear energy
FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...
US accelerates battery minerals investment with South32 grant
SOUTH32 said its Hermosa project in Arizona was in line to receive a $166m grant from the US Department of Energy which the miner...
Rhyolite Ridge decision looms for Sibanye-Stillwater
A DECISION on whether to invest up to $245m in Rhyolite Ridge, a lithium/boron mine in the US, moved a step closer for Sibanye-Stillwater...
Out of the spotlight, Trans Hex stages surprising comeback
When Trans Hex skulked off the JSE at the end of 2019, few punters gave the beleaguered diamond mining group a snowball’s chance of...
Gold industry CEOs say M&A will be disciplined
THE world's gold miners are back hunting for deals amid record prices for bullion, but unlike previous bull markets, they won't overspend buying growth,...
Cash flush Harmony never better placed to grow offshore
EXECUTIVES at Harmony Gold struggled to recall the last time the company had net cash. "Not in my lifetime," CEO Peter Steenkamp said in...
Botswana grants first manganese mining licence to Giyani
TORONTO-listed manganese developer Giyani Metals said on Wednesday it had been awarded a 15-year mining licence by the Botswanan government, a development that sets...
Wafer-thin palladium market soars on ‘confluence of factors’
THE double-digit increase in the palladium price on Wednesday was partly due to a proposed 200,000 ounce cut in annual supply of the metal,...