Namib minerals plans $300m Zimbabwe mine revival
NAMIB Minerals intends to invest $300m in restarting two dormant gold mines in Zimbabwe, said Reuters citing Ibrahima Tall, CEO of Namib Minerals.
The...
Transnet faces cash crisis despite government lifeline
S&P Global Ratings forecast freight rail and ports operator Transnet will burn cash for the next three years, according to a report by BusinessLive...
Zambian mining chief urges US to waive copper import tariffs
THE leader of Zambia's state mining corporation is pushing for the US to grant exemptions from proposed copper import duties, arguing that such tariffs...
Commodity traders poised for $300m copper windfall
FOUR major commodity trading houses stand to earn extraordinary profits exceeding $300m after positioning themselves ahead of Donald Trump's copper tariff announcement, capitalising on...
Implats to shut Canadian mine Lac des Illes
IMPALA Platinum (Implats) plans to cease operations at its Ontario mine by May 2026, endangering 750 positions as weak metal prices undermine the facility's...
Mining tycoon backs Trump’s copper tariff plan
ROBERT Friedland, the billionaire founder of Ivanhoe Mines, has thrown his support behind US President Donald Trump's controversial 50% tariff on copper imports, arguing...
Mali seizes remaining gold from disputed mine
A MILITARY helicopter removed the final tonne of gold from Mali's largest mining operation on Thursday, as a court-appointed administrator seeks to restart the...
Indonesia’s nickel boom faces supply chain crisis
INDONESIA'S ambitious nickel expansion strategy is encountering significant difficulties as plummeting prices and ore shortages compel refiners to cut production and dismiss workers, said...
Ghana establishes anti-smuggling force for gold trade
GHANA unveiled a new security-supported task force on Tuesday designed to combat illicit gold commerce, as the continent's leading gold producer seeks to reclaim...