Petra Diamonds survives after securing deal with lenders
PETRA Diamonds on Friday announced it had agreed with noteholders and lenders to refinance the company – an emergency measure that will also involve...
Ramaphosa offered Rainbow Rare Earths project to US
SOUTH Africa is not blessed with large reserves of the world’s minerals du jour, rare earths. So when President Cyril Ramaphosa offered supplies of...
Barrick’s Bristow calls Mali dispute “biggest challenge”
MARK Bristow describes the impasse with Mali's government over its allegations of unpaid taxes as the most stressful situation he's had to manage.
That's saying something....
Mining giants slash dividends amid falling commodity prices
THE world's largest mining companies are delivering their smallest shareholder payouts in years as declining mineral prices and massive capital expenditure requirements force cash...
Glencore expects substantial unsold cobalt amid Congo ban
GLENCORE said a significant portion of its cobalt would remain unsold in 2025 owing to the Democratic Republic of Congo's extended export suspension of...
Mantashe clashes with Froneman over attracting US investment
SOUTH African mines minister Gwede Mantashe rejected a business proposal offering the United States access to Africa's critical minerals, citing concerns that Sibanye Stillwater...
Pan African detains 4,000 illegal miners annually
PAN African Resources has arrested about 4,000 illegal miners at its Mpumalanga underground operations in South Africa over the past year. This was after...
Glencore may look at Anglo mines if Peabody deal fails
GLENCORE might lodge its interest in Anglo American's Australian metallurgical coal mines should their sale to Peabody Energy not be consummated.
Last week Peabody CEO...
SA introduces artisanal mining licensing system
SOUTH Africa's mineral resources department has gazetted corrections to the Draft Mineral Resources Development Bill 2025, introducing a comprehensive licensing framework for artisanal and...
Glencore posts 30% hike in net debt as coal, copper slump
GLENCORE posted an interim attributable loss on Wednesday of $655m (2024: -$233m) owing to continuing slump in coal prices and disappointing copper output.
Mining earnings...