Markets

Kenmare buyout negotiations extended to June 20

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KENMARE Resources has been granted an extension for ongoing acquisition talks with potential buyers, pushing the decision deadline to June 20. The mining company first...

Ethiopia secures $1.7bn in minerals investment

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ETHIOPIA has secured investment deals worth more than $1.7bn for its minerals and energy sectors, predominantly with Chinese firms, said Reuters citing the country's...

South32 poaches new CEO from Anglo American

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SOUTH32 has appointed Matthew Daley, an Anglo American executive with extensive copper experience, as its new CEO to succeed Graham Kerr, who has led...

Omnia’s BME can benefit from Trump disruption, says CEO

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OMNIA Holdings’s international push will most likely define the term of Seelan Gobalsamy, who became CEO of  the chemicals, agribusiness and mining explosives company...

Anglo appoints Tom McCulley as new technical director

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ANGLO American said Tom McCulley would become its new technical director, following Matt Daley's decision to pursue a senior executive role outside the company. Daley...

Gemfields to restart Kagem mining as emeralds recover

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GEMFIELDS said on Thursday it will restart open pit mining at its Kagem emerald mine in Zambia after pausing production for four months amid...

Glencore looks to better second half of 2025

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DISLOCATION of global commodity trade routes over the next few months as a result of US tariff hikes could represent opportunities rather than threats...

Anglo American confident of full-year targets despite weak Q1 production

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ANGLO American’s copper, iron ore, manganese, platinum group metals (PGMs) and diamonds businesses all posted flat or lower quarter-on-quarter output in the three months...

Kenmare’s problems with the Mozambique Government over operation of the Moma...

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Heavy mineral sands producer Kenmare Resources is in continued discussions with the Government of Mozambique over “certain modifications” to extend the Implementation Agreement which...

Tharisa wary on chrome demand and prices because of US...

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Tharisa’s chrome and pgm production bounced back in the March quarter but CEO Phoevos Pouroulis is wary over the possible negative impact of USA...