BHP in C$4.1bn. joint bid for copper developer Filo Corporation
BHP and Lundin Mining Corp. are to buy Toronto-listed copper exploration firm Filo Corporation for C$4.1bn in cash.
BHP said in an announcement to the...
Glencore to announce decision on coal split next week
GLENCORE will say next week whether it will proceed with plans to demerge and separately list its coal business.
Commenting in the group's second quarter...
Transnet targets partner for manganese hub by end-2025
TRANSNET said a private sector partner to help it build out its proposed 16 million tons a year manganese export terminal at Ngqura port...
Teck as ground zero for M&A chatter is a sign of...
CANADA'S Teck Resources has become the focus of merger and acquisition chatter in global mining sector that's become obsessed with increasing copper production, according...
Illawarra coal sale unconditional, says South32
SOUTH32 said the sale of its Illawara Metallurgical Coal operations in Australia would be concluded in early September after announcing today the $1bn deal...
Neal Froneman’s greatest test lies ahead
Neal Froneman’s career has been a series of risky acquisitions. Either he turns around lossmaking mines bought at a snip, or he buys assets at...
Pan African hits 2024 guidance – but it could have been...
PAN African Resources produced 186,039 ounces of gold in its 2024 financial year ended June – 6.2% more than in 2023 owing to an...
No sign of life yet in PGMs despite industry restructuring
IT is three years since the bubble in platinum group metal (PGM) prices began to deflate. Back in June 2021, rhodium was trading at...
Orion raises R44m with SA investors taking lionshare
ORION Minerals said today it had raised A$3.6m (R44m) through a share purchase plan where the majority of the backing was from the South...
Cyber attack hit smelting at US mine, says Sibanye-Stillwater
A CYBER attack earlier this month on Sibanye-Stillwater's systems hit production at the group's Stillwater mine in the US resulting in "short term operational...