Home News Markets

Markets

Mideast tensions push up Rio Tinto’s costs

0
RIO Tinto said higher fuel costs stemming from the US-Israeli conflict with Iran have raised its current costs and will continue to weigh on...

China pledges deeper cooperation with Namibia

0
CHINA has said it would deepen cooperation with Namibia across energy, agriculture, infrastructure and minerals following a meeting between its president Netumbo Nandi-Ndaitwah and...

SA gathering pace as rail, ports delivery improves

0
SOUTH Africa's economy is gaining momentum as the country addresses long-standing structural bottlenecks, said Bloomberg News citing Standard Bank Group. The bank's chief economist Goolam...

Deep-sea mining threatens rare molluscs

0
MORE than half of mollusc species living near underwater hydrothermal vents face extinction risk from deep-sea mining, the International Union for Conservation of Nature...

How long before miners call on Eskom for their rebates?

0
ESKOM will invite the attention of its mining clients in yet stronger terms if it agrees to cut its tariff for Transalloys, the manganese...

Transnet’s TRIM scraps R1.1bn tender amid irregularities – report

0
TRANSNET Rail Infrastructure Manager (TRIM), the newly formed state rail entity, has cancelled a R1.1bn request for proposals to lease out 11 rail sidings...

Canada mulls C$400m Teck metals investment

0
CANADA has proposed a potential equity-style investment of up to C$400m ($281.93m) in Teck Resources to help expand the company's Trail Operations facility in...

Mining’s slow burn exposure to Middle East conflict

0
THE memorandum of understanding (MoU) signed between the US and Iran appears to have brought a relative calm to the Middle East, the occasional...

AI minerals drive plans for Congo’s first stock exchange

0
THE Democratic Republic of Congo is developing plans for its first stock exchange, with the Kinshasa bourse potentially operational as early as next year,...

BEE’s gaming problem, not racism, is driving a backlash

0
AT the Nedbank Top Empowerment Conference in Sandton last month, trade, industry & competition minister Parks Tau addressed the criticism that broad-based BEE (BBBEE)...