Markets

Metals rally “absolutely huge” for South African revenue

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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

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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

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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

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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...

Kenmare adjusts lender covenants for year of “elevated debt”

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KENMARE Resources has targeted lower output for its 2026 financial year than in previous years and renegotiated covenants with lenders amid expectations of balance...

Trump administration fast-tracks deep-sea mining permits

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THE Trump administration moved on Wednesday to accelerate US deep-sea mineral exploration by streamlining permitting for companies pursuing critical resources in international waters, despite...

Rio Tinto beats forecasts amid Glencore merger talks

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RIO Tinto delivered stronger-than-expected fourth-quarter production across iron ore and copper operations, marking a positive start for new CEO Simon Trott as the company...

Ghana tax reforms threaten investment, miners warn

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GHANA'S Chamber of Mines has raised concerns that sweeping fiscal reforms could damage the country's attractiveness to mining investors and hamper production growth. The industry...

Chinalco said to back Rio Tinto’s bid for Glencore

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ALUMINIUM Aluminum Corp. of China is expected to support Rio Tinto's proposed acquisition of Glencore, a merger that would enhance the Chinese company's exposure...

Ghana to scrap mining stability agreements, double royalties

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GHANA intends to abolish long-term mining investment stability agreements and double royalties under sweeping reforms aimed at capturing greater benefits from surging bullion prices,...