Rio Tinto gives green light to RBM’s $473m Zulti South
RIO Tinto on Monday approved the expansion of its 74% held Richards Bay Minerals (RBM), an industrial metals miner, representing new investment of $473m...
Zambia refuses to take sides in minerals race
ZAMBIA will not align politically with any global power in exchange for investment in its critical minerals, President Hakainde Hichilema told the Financial Times,...
SA mining baffled as Godongwana fails to address energy tariffs
SOUTH Africa's Minerals Council said Government's budget statement on Wednesday was a missed opportunity to address the energy crisis facing the mining sector.
"The mining...
Zambia to build ‘rainy day’ fund while metals surge
ZAMBIA will use bumper mining revenues to establish a stabilisation fund in order to protect its budget against a retreat in copper prices, said...
DRC replaces top officials at state mining company
THE Democratic Republic of Congo's president has replaced the chairman and CEO of state-owned mining company Gecamines, which holds stakes in copper and cobalt...
ICCM says government policy has tightened the metals cycle
THE energy transition and its critical minerals supply chain has put mining into the orbit of government policy – with important consequences for the...
Glencore to extend KCC in land deal with Gécamines
GLENCORE said on Wednesday an agreement with Gécamines to access additional land titles had boosted ambitions to increase production from its Kamoto Copper Company...
Zambia’s state miner plans metals trading firm
ZAMBIA'S state mining company is developing plans to trade commodities on international markets, seeking to capture greater value from the country's growing appeal as...
BHP not boxed into M&A after “lessons from the past”
BHP CEO Mike Henry said previous experience had taught his company not to get "boxed into M&A" in order to grow production.
"We've deliberately positioned...
Patrice Motsepe steps down as executive chair of ARM
PATRICE Motsepe has relinquished executive duties on the board of African Rainbow Minerals (ARM), the R46bn diversified mining group he helped found in 2002.
Citing...