Rio Tinto shareholders applaud collapsed Glencore deal
AUSTRALIAN investors in Rio Tinto have welcomed the miner's decision to abandon merger negotiations with Glencore, saying the company must now demonstrate the value...
Rio pushes to retain executives in Glencore merger
RIO Tinto and Glencore remain in discussions over valuation and governance as talks to conclude a proposed $260bn merger are set to be extended...
Australia considers price floor for critical minerals
AUSTRALIA is examining a price floor mechanism for critical minerals to counter Chinese market dominance and attract foreign investment to mining and processing projects,...
South Africa secures $8bn for mineral processing
AFREXIMBANK has arranged an $8bn financing package for new member South Africa, prioritising mineral processing alongside automotive manufacturing and industrial development, said Reuters citing...
US lawmakers to push for $70bn critical minerals boost
LEGISLATION will be introduced in the US today authorising $70bn in additional funding for the Export-Import Bank over the next decade, as the agency...
Court rules Zimplats not liable for platinum royalty
ZIMBABWE'S High court said Impala Platinum’s local unit was not liable to pay mining royalties of $7.1m on exports matte and concentrates.
According to a...
Implats earnings set to surge fivefold
IMPALA Platinum will post a spectacular increase in interim earnings, fuelled by higher platinum group metal prices and strong second quarter operational performance.
The miner...