US-backed group favoured for Tanzania nickel deal

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A CONSORTIUM backed by the US government has emerged as the preferred candidate to invest in a major nickel project in Tanzania, said Bloomberg...

Bokoni Platinum reboot could knock ARM’s cash flow

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AFRICAN Rainbow Minerals (ARM) has a colourful track record picking capital projects. It sold its 40% stake in Zambia’s 70-year-old Lubambe copper mine (formerly...

MARKETS

Analysts eye M&A angle in Glencore’s Sydney listing

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AUSTRALIAN analysts say Glencore's plan for a secondary listing on the ASX could pave the way for future mergers and acquisitions. The listing plan comes...

Glencore targets ASX listing as energy drives profit surge

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GLENCORE is to pay a special interim cash payment of about $1bn and announced a $500m share buy-back following a strong half-year showing driven...

OPINION