Anglo doesn’t expect metals demand to revive until 2024
MINERALS and metals demand would remain subdued for the remainder of the year as the drive to decarbonisation was taking longer than expected, said...
Kumba may reduce life of mines if Transnet fails to restore...
THE decline in rail capacity on Transnet's iron ore line risked mine life extension projects, said Kumba Iron Ore CEO, Mpumi Zikalala.
In 2021, Kumba...
Base Resources says Toliara progress stalled ahead of Madagascar elections
TITANIUM feedstock miner Base Resources said it didn't expect to register progress on the development of its Toliara project in Madagascar until the African...
Two big questions for Anglo American that won’t go away
ANGLO American is heading for its poorest showing in years when it posts interim numbers tomorrow (July 27). Deutsche Bank, for one, expects "sluggish"...
Egypt to take 15% net profit share in new mining concessions
EGYPT today set down the terms of a new mineral exploitation regime in which it will issue 30-year exploration licences to miners on condition...
Richards Bay terminal operator resumes after Transnet Ports lifts work stop
TRANSNET National Ports Authority (TNPA) announced over the weekend the resumption of a terminal operator at Richards Bay port.
The unnamed operator had been suspended earlier...
Transnet warns of truck congestion at Richards Bay after operator suspended
TRANSNET National Ports Authority (TNPA) said today a terminal operator at its Richards Bay facility had been shut down leading to congestion of truck deliveries.
The...
Anglo, Glencore to raise funds for $1.5bn Limpopo water project
ANGLO American and Glencore are working with the South African government on $1.5bn water scheme that will supply platinum and chrome operations as well...
SA’s Mantashe convenes summit to find “gaps” in mining regulations
THE South African government's mines and energy department today convened a summit aimed at identifying "legislative gaps" in the sector's regulatory framework.
The MPRDA Review...
Mozambique titanium miner Kenmare considering $30m share buy-back
KENMARE Resources, which produces titanium minerals at the Moma mine in Mozambique, said it was considering a $30m share buy-back programme.
It made the announcement...