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...
Anglo Teck tipped for rerating as deal logic emerges
FULL marks for Duncan Wanblad’s powers of restraint. In an interview with Miningmx he could not be tempted into sounding a triumphant note notwithstanding...
Rio Tinto gives green light to RBM’s $473m Zulti South
RIO Tinto on Monday approved the expansion of its 74% held Richards Bay Minerals (RBM), an industrial metals miner, representing new investment of $473m...
Zambia refuses to take sides in minerals race
ZAMBIA will not align politically with any global power in exchange for investment in its critical minerals, President Hakainde Hichilema told the Financial Times,...