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Zimbabwe to miss out on energy mineral spend despite regime change

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WHILE Zimbabwe has the geological resource base to step up production of lithium the political risk in the country is still so great it...

Kibo outlines energy ambition with deal for Shumba’s Mabesekwa

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KIBO Mining today unveiled a strategy to expand into "multiple geographies" starting with an all-scrip offer for Mabesekwa, an energy coal prospect currently owned...

PTM mops up after $590m loss, needs $30m to settle debt

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PLATINUM Group Metals (PTM) brought the curtain down on a most difficult of years in which it shelved and then sold its much-vaunted Maseve...

Lonmin crisis coming to a head after PIC demands board seats

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SHARES in Lonmin were under renewed pressure amid comments attributed to Daniel Matjila, CEO of the Public Investment Corporation (PIC), that the platinum miner...

South32’s Kerr insists coal exit driven by export pricing concerns

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SOUTH32 CEO, Graham Kerr, stood by the group's decision to exit its thermal coal assets in South Africa saying it was a decision informed...

Market mismatch not recognised in Glencore, BHP, Anglo shares

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IT'S long been acknowledged that trading in gold shares is a job for the professionals. For the rest, there’s the diversified mining firms, or...

Bold Orion in “perfect place” as Chinese zinc stocks diminish

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ORION Minerals is progressing apace with the establishment of its Prieska zinc and copper project, laying bare a tight timeline for exploration, funding, and...

South32’s ‘smile and wave’ moment a fresh blow to SA

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* Article adjusted to acknowledge that South32's bid for Metropolitan was for metallurgical coal, not thermal coal which is the focus of environmental concern. ONE...

Vedanta unveils mine digitalisation as key driver of Gamsberg

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DIVERSIFIED miner Vedanta Zinc International (VZI) plans to spend around $4m over the next three years digitalising its greenfield Gamsberg zinc project making it...

South32 begins process to spin-off South African coal business

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SOUTH32 has unveiled plans today to reduce its exposure to South Africa by announcing a proposal to separately manage its coal operations in the...