Glencore suspends executive over Radiant scandal
GLENCORE has suspended Peter Hill, its head of steelmaking raw materials, as the fallout from its dealings with Singapore-based iron ore trader Radiant World...
Fresh capital, old problems for Zimbabwe mining
ARE investors still too wary of Zimbabwe’s mining sector?
Two international miners – Caledonia Mining and Tharisa – think so, and both are committing significant...
Glencore faces $2bn lawsuit as it alleges Radiant World fraud
TRADING firm Radiant World has alleged Glencore deliberately kept the "true nature" of their partnership out of its own audited books, according to the...
Is Solar an optimum outcome for Omnia?
THE JSE looks set to lose yet another promising mid-cap stock, with mining explosives and agribusiness Omnia Holdings now on the cusp of a...
Pentagon takes stake in US tungsten miner
THE US Department of Defense is to take a stake of almost 20% in tungsten producer Elmet Group, the latest in a series of...
Omnia to recommend R21.5bn buyout from India’s Solar
OMNIA Holdings said on Monday it had received a buyout offer from Indian company Solar Industries worth R21.5bn.
The offer, which values the South African...
Three years of giving junior mining a voice
On 12 September 2023, a significant new chapter was written in South Africa’s mining industry at the Johannesburg Stock Exchange (JSE).
The launch of the...
US pledges support for Kenya’s minerals push
A SENIOR US official said this week Washington would help Kenya build a critical minerals processing industry. The offer comes amid US-China rivalry over...
Rare gemstones gain favour as supplies tighten
A SHRINKING supply of natural gemstones is pushing collectors and jewellers beyond the traditional favourites that have dominated the market since the Second World...
Transnet targets leap in coal exports despite cash squeeze
TRANSNET has targeted 65 million tons (Mt) in delivered coal exports after another year of rail volume growth, but debt and weak cash generation...