South32 too risky for predators, says outgoing CEO
AN estimated $34bn in deals has gripped the mining sector since 2024, according to Canadian law firm Dentons. Efforts to consolidate ownership and strip...
Glencore boss eyes fresh merger talks with Rio Tinto
GLENCORE CEO Gary Nagle is hoping a recent surge in coal prices will help bring Rio Tinto back to the table for another attempt...
Mali establishes judicial mining task force
MALI is creating a specialised task force with judicial powers to oversee gold mining and quarrying operations across the country, said Bloomberg News on...
Banks failing to screen for illegal mining risks
A LARGE proportion of banks and investors are not screening for illegal mining risks despite operating in sectors vulnerable to illicit extraction, according to...
SA launches infrastructure credit-guarantee vehicle
SOUTH Africa is rolling out a new credit-guarantee programme designed to mobilise billions of dollars in private investment for infrastructure, spanning power grid expansion,...
Is Zimbabwe’s mining missing the train?
ZIMBABWE'S crumbling rail system may be worse than even South Africa’s. It is a huge stumbling block for its mining industry, raising transport costs...
Kenmare facing VAT hit after Mozambique springs tax surprise
SHARES in Kenmare Resources fell 7.5% on Monday after it said Mozambique had unilaterally sought to impose regulatory changes that could have negative tax...
Motsepe says his best place is “outside politics”
PATRICE Mostepe, non-executive chairperson of African Rainbow Minerals (ARM), appeared to distance himself from a bid for the ANC presidency, saying he was better...
Gobalsamy says Omnia may build plants in the US
SHARES in Omnia Holdings are 88% higher over the past five years driven by a strategy to focus on the group's explosives business through...
Afrimat cements its turnaround strategy
AFRIMAT has built a reputation over the years for being able to turn difficult assets around.
Time and again, the group has stepped into situations...