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News In Brief

Orion awaits Glencore’s $250m Prieska cheque

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INVESTORS are still waiting for Glencore's $250m (R4.5bn) to Orion Minerals to clear, with the miner saying several hurdles remain before funds can flow...

Deep-sea mining threatens rare molluscs

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MORE than half of mollusc species living near underwater hydrothermal vents face extinction risk from deep-sea mining, the International Union for Conservation of Nature...

Iron ore heads for first monthly loss since February

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IRON ore is on course for its first monthly decline since February as a brief rally sparked by a fatal coking coal mine explosion...

Chinese group buys majority stake in Ndola Lime

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ZAMBIA'S state-controlled ZCCM Investments Holdings has agreed to sell a 55% stake in Ndola Lime to privately held Chinese conglomerate Wonderful Group of Companies...