Glencore bid may trigger mining consolidation wave
PRELIMINARY discussions between Rio Tinto and Glencore over a potential merger could catalyse further consolidation within the mining sector whilst intensifying pressure on BHP...
La Mancha sells 3.5% in West African gold miner Endeavour
LA Mancha Resource Capital, a private investment firm, has sold a 3.5% stake in West African gold miner Endeavour Mining for about $437m.
The fund...
Impala defends privileged status of accident report
IMPALA Platinum has defended withholding an internal investigation from the official inquiry into a fatal 2023 elevator accident at its Rustenburg operations, maintaining the...
Rio slides 6% as analysts question wisdom of Glencore deal
SHARES in Rio Tinto fell more than 6% following an announcement by the Australian miner on January 8 it was discussing a combination of...
Glencore confirms all-share merger talks with Rio Tinto
GLENCORE announced on Thursday evening it was in talks with Rio Tinto about a possible merger between the two companies.
"Glencore notes recent media speculation...
Nickel retreats as Indonesia withholds output cut details
NICKEL prices extended losses after Indonesia failed to specify production reductions that had previously sparked a sharp rally in the battery metal, said Bloomberg...
Precious metals fundraising reaches 12-year peak
GOLD and silver mining companies secured over $6.2bn through share sales last year, marking the highest capital-raising volume in at least 12 years for...
AI and defence will strain copper supplies
GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...
Jubilee receives further payment for SA exit
JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...
Rainbow relishes benefits of a growing rare earths family
RARE earths, it turns out, are a broad family of elements – 17 in all – any of which sound like the forbidden substance...