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...
It’s time Govt. stepped up to global mining challenges
EVERY year, for the past few decades, the world’s mining heavyweights have come to South Africa at the beginning of February, expressed their displeasure...
Rio, Glencore terminate merger talks over lack of premium
RIO Tinto terminated merger discussions with Glencore on Thursday after refusing to offer a control premium for the Swiss headquartered business.
In its announcement, Rio...
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...
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...
Commodities plunge on hawkish Fed chair choice
COMMODITIES markets tumbled on Monday as Donald Trump's selection of Kevin Warsh to lead the Federal Reserve triggered widespread selling across precious metals, energy...
Rio and Glencore to seek deadline extension for merger
RIO Tinto and Glencore are set to request additional time to finalise a deal creating the world's largest mining company, as the parties negotiate...
Madagascar ends suspension on mining permits
MADAGASCAR has ended a 16-year suspension on issuing mining permits for most minerals, though gold licences remain frozen due to regulatory inadequacies, according to...