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US warns China over rare earth controls

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AMERICA'S Treasury secretary has cautioned China that sweeping new restrictions on rare earth and critical mineral exports risk forcing Western nations to sever economic...

Illegal miners kill police at Gemfields ruby mine

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GEMFLELDS Group said today its Montepuez ruby mine in northern Mozambique was stormed by illegal miners, resulting in the deaths of two police officers. Around...

Kenmare may resort to arbitration for export licence

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KENMARE Resources said it would resort to arbitration if it failed to reached an agreement with Mozambique on a licence for its mineral processing...

Australia risks losing mining investment, warns BHP executive

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AUSTRALIA must accelerate environmental approvals and provide cheaper power to remain competitive for mining investment, said Reuters citing comments made by BHP's head of...

Silver reaches record on acute London shortage

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SILVER surged to an unprecedented $53 per ounce on Tuesday, marking an 85% gain this year as a supply crisis in London propelled prices...

Court orders Chinese firm to release train parts to Transnet

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A SOUTH African court has ordered China's CRRC E-Loco to release locomotive spares withheld from Transnet in a long-running contract dispute, said Reuters citing...

PIC unveils R1.35bn budget for early stage mining projects

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SOUTH Africa's Public Investment Corporation (PIC) on Wednesday unveiled plans to invest R1.35bn in "early stage" mining of which at least half would be...

Anglo defends merger despite Teck production cuts

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ANGLO American has defended its due diligence of a $50bn merger with Teck Resources after the Canadian miner sharply reduced output forecasts at its...

Minerals Council calls for ‘rational decisions’ from Govt talks

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MINERALS Council SA president Paul Dunne warned that industry and Government discussions over the proposed minerals legislation should not result in "inappropriate policy responses...

Generation of exploration has been lost in SA, says Wanblad

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A GENERATION of minerals exploration had been lost in South Africa owing to unsupportive policies, said Anglo American CEO Duncan Wanblad. Speaking at the Joburg...