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Barrick’s $1.95bn Newmont deal clears path to IPO

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BARRICK Mining has cleared a significant hurdle ahead of its proposed North American IPO after reaching an agreement today with rival Newmont to expand...

Barrick’s North American IPO plan faces investor backlash

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BARRICK Mining’s proposed IPO of its North American assets is facing opposition from several major shareholders, raising pressure on the Canadian group's chair, John...

Wia Gold lines up $360m deal for Kokoseb project

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WIA Gold said on Monday it had signed indicative terms with Canada's Sprott to borrow $360m for construction of Kokoseb, a proposed 150,000-ounce-a-year gold...

Petra to sell Finsch after failing to save diamond mine

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PETRA Diamonds is to close Finsch mine in South Africa's Northern Cape after business rescue practitioners found there was no way to save the...

Uranium from seawater: Froneman plans new mining firm

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NEAL Froneman led the company he founded, Sibanye-Stillwater, for 13 years before abruptly announcing he would step down last year, aged 65. Those years...

Copper 360 in need of “dose of realism”, says Froneman

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NEAL Froneman, the newly appointed chair of Copper 360, said the company was in need of "a good dose of realism" as well as...

Trump to meet miners on critical minerals

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US PRESIDENT Donald Trump will meet mining executives on Friday as his administration steps up efforts to secure critical mineral supplies from the US...

Copper nears record on supply tightness

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COPPER was on course for a record close after rising on signs of tightening global supply, Bloomberg reports. It gained as much as 0.9% on...

Glencore wins Guinea bauxite offtake deal

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GUINEA has selected Glencore Plc as the offtaker for bauxite produced by state-owned Nimba Mining, Bloomberg reports. The appointment followed an international tender, Mines and...

Froneman named chair of struggling Copper 360

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FORMER Sibanye-Stillwater CEO Neal Froneman has been appointed chair of Copper 360, bringing one of South Africa's best-known mining executives into the junior copper...