SA’s Transnet secures R51bn guarantee from Govt
MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on Thursday.
Transport Minister Barbara Creecy and Finance Minister...
Petra Diamonds hits all-time low as cash burn continues
PETRA Diamonds is to begin discussions with financiers on refinancing a $273m bond that matures in March next year amid scepticism that the company...
Rio Tinto CEO Jakob Stausholm to step down this year
RIO Tinto said on Thursday its CEO of four years' standing Jakob Stausholm would step down from the company later this year once a...
Tharisa to pay interim dividend as looks to better H2
THARISA posted disappointing interim numbers impacted by a decline in mining volumes and a retraction in the average chrome price from previously elevated highs.
For...
Zimbabwe lithium miners want export tax delayed
ZIMBABWE'S lithium exporters are lobbying the government to postpone a 5% export tax on lithium concentrate until domestic refineries become operational in approximately two...
China’s CMOC urges Congo to lift cobalt export ban
THE world's leading cobalt mining company, CMOC Group, has called on the Democratic Republic of Congo to lift a ban on exports of the...
MPRDA amendments may open door to new BEE targets
PROPOSED changes to South Africa's minerals legislation may empower the mines minister to create new regulations in the future governing empowerment targets.
Another aspect relating...
Critical minerals face disruption due to concentration, IEA warns
CRITICAL mineral markets face disruption risks due to increasing concentration, particularly in refining and processing sectors, said Reuters citing the International Energy Agency (IEA).
The...
SA gazettes MPRDA amendments aimed at industry overhaul
SOUTH Africa's mining industry was combing through the details of amendments to the Minerals & Petroleum Resources Development Act (MPRDA) gazetted by Goverment on...
Congo may agree minerals processing deal with Rwanda
A PEACE deal being negotiated by the US between Congo and Rwanda could allow for the legitimate export of Congolese minerals to Rwanda for...