Low diamond prices make De Beers sale more complex
STUBBORNLY low diamond prices had made the sale of De Beers "complex", said Duncan Wanblad, CEO of Anglo American, its 85% shareholder.
"It's complex mainly...
Angola targets up to 30% of De Beers
ANGOLA has revised its approach to acquiring part of Anglo American's De Beers diamond business, now seeking a 20-30% stake rather than the majority...
SA mining uncompetitive as economic constraints persist
THE Minerals Council South Africa (MCSA) tried to strike a diplomatic stance when it launched its 2026 State of Mining Report, which traditionally kicks...
Orion secures Glencore funding for copper project
ORION Minerals has finalised a $250m prepayment facility with a Glencore subsidiary to finance development of its Prieska copper-zinc mine in South Africa's Northern...
Mali establishes company to oversee mining stakes
MALI has established a fully state-owned entity to consolidate and administer the government's shareholdings across the mining sector, following similar moves by neighbouring West...
Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over...
Copper 360 in new turmoil after CEO takes “leave of absence”
COPPER 360, the Northern Cape miner, said on Friday it had appointed a "transitional" CEO after Graham Briggs - in the job for eight...
BHP unveils collaboration with Govt on minerals data
THERE is a definite air of forward momentum in South Africa's much ignored minerals exploration sector. On the back of a R600m commitment from...
US deal on Glencore mines paves way for new mining house
A US government-backed consortium's plan to buy 40% of Glencore's copper-cobalt operations in Democratic Republic of Congo could create a vehicle for further mining...
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...