US risked Chinese battery monopoly had Gertler dispute escalated
GLENCORE'S workaround the US sanctions placed on Dan Gertler, the Congo's mining tycoon, was a remarkable piece of pragmatism on behalf of the Swiss...
South32 unveils $1.3bn all cash bid for zinc firm, Arizona Mining
SOUTH32 today unveiled a $1.3bn all-cash swoop on Arizona Mining, a US-based zinc development firm in which the Johannesburg- and Perth-listed group had previously...
Minerals Council critical of “surprise inclusions” in Govt.’s Mining Charter
SOUTH Africa's mining sector expressed its discontent with aspects of the draft Mining Charter, published by the Department of Mineral Resources (DMR) on June...
SA government pledges 30-year stabilisation clause for mining licences
THE long-sought security of tenure craved by mining companies operating in South Africa may be on the cards after the Government said today firms complying...
A 10% free carry clause to form focus of Mining Charter...
A PROPOSAL for a 10% free carry for communities and employees on new projects is set to become a point of contestation following the...
Glencore’s legal workaround over US-sanctioned Gertler secures Congo assets
GLENCORE was confident it had avoided another potential crisis in the strategically important mining district of the Democratic Republic of Congo (DRC) as it...
Gécamines’ Yuma calls on foreign miners to revisit JV deals
GÉCAMINES, the Democratic Republic of Congo's state-owned base metals miner, has urged foreign investors to renegotiate the terms of joint ventures saying that current...
Anglo pre-funds $600m of Quellaveco in Mitsubishi share deal
ANGLO American is to sell a 21.9% stake in its Quellaveco copper project in Peru to Mitsubishi increasing the Japanese firm's stake in the...
Analysts laud Glencore, Gécamines deal as Congo de-risked
THE net cash impact of Glencore's debt forgiveness agreement with the Democratic Republic of Congo's (DRC's) state-owned Gécamines was $190m to $250m, according to analysts...
Tharisa takes Zimbabwe spend to R100m as buys stake in Karo
THARISA, the Johannesburg- and London-listed chrome and platinum group metals (PGM) producer has extended its interest in Zimbabwe after announcing a $4.5m (R60m) investment...