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...
Metals rally “absolutely huge” for South African revenue
GOLD'S surge past $5,000 per ounce on Monday has boosted expectations that the mining sector will provide crucial relief for South Africa's strained public...
Pope to discuss mining ethics with industry leaders
POPE Leo XIV will host senior mining and energy executives at the Vatican on Saturday (January 31) for discussions on ethical approaches to the...
Mining sector leads global equity rally on supply concerns
GLOBAL mining stocks have emerged as the standout performers of 2025, with the MSCI Metals and Mining Index surging nearly 90%, said Bloomberg News.
The...
Time is ripe for a Rio Tinto, Glencore merger
NOW we know why Glencore CEO Gary Nagle refrained from restructuring the company last year. Instead of spinning out coal or selling the group’s trading...