Zinc heading for significant supply deficit for 2024
THE zinc market is heading for a much greater supply deficit than previously forecast owing to a squeeze on raw materials, said Reuters on...
Tharisa capitalises on chrome with record 2024 production
THARISA ended its 2024 financial year with record chrome production which helped offset subdued, but recovering, platinum group metals prices.
Commenting in its fourth quarter...
For many in the US, battery electric vehicles don’t add up
THERE is not a single charging station for electric vehicles (EVs) in Wyoming, a predominately rural state in the mountainous west of the US...
China’s Zijin to buy Akyem for $1bn
CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing...
Afrimat warns of interim earnings collapse as iron ore disappoints
AFRIMAT warned shareholders it was set to report a heavy decline in interim headline earnings owing to lower iron ore sales and a weaker...
UBS says gold to break through $3,000/oz in 2025
THE gold price would rally towards $2,800 per ounce and break through $3,000 next year as central banks led by the US Federal Reserve...
Paladin bid for Fission in limbo as Canada probes deal
PALADIN Energy said on Wednesday it was still waiting on regulatory approval for its proposed C$1.1bn takeover of Canada's Fission Uranium Corp.
This was despite...
Thungela excludes Anglo coal mines in M&A pursuit
THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American's Australian assets weren't on its...
Roger Baxter to lead Southern Palladium US investor push
SOUTHERN Palladium has appointed economist and well known mining figure Roger Baxter as the exploration firm's executive chairman.
Baxter was previously non-executive chair of Southern...
Big league investors back new approach to mining
A REPORT by some of the world's largest investors have urged a more hands-on approach to investing in mining companies by pushing for better...