B2Gold given approval by Mali for underground mining at Fekola
CANADIAN gold miner B2Gold said it had been granted approval by the Mali government to begin underground mining development at its 80%-owned Fekola gold...
Rio posts five-year low first-half profits
RIO Tinto delivered its poorest first-half earnings in five years as falling iron ore prices and Western Australian cyclones battered the mining giant's primary...
Endeavour signs up to new Mali mining code
LONDON-listed Endeavour Mining and two other gold producers are to sign up to Mali's controversial new mining code, said Reuters citing government officials.
The agreements...
Glencore to slash costs $1bn by end of 2026
GLENCORE has unveiled plans to slash $1bn in costs by the end of 2026 following a comprehensive review of its mines and smelters, the...
Copper 360 investors face dilution as new debt restructure planned
SHAREHOLDERS in Copper 360 are facing the prospect of major dilution after the company said in an announcement on Tuesday it was in talks...
Kumba recoups R942m in take-or-pay penalties from Transnet
KUMBA Iron ore said on Tuesday it had received R942m in 'take-or-pay' penalties following "lengthy" negotiations with Transnet regarding the under-delivery of contracted iron...
Gold may surge to $4,000/oz by end of 2026
GOLD may surge to $4,000 per ounce by late next year as Federal Reserve monetary easing weakens the dollar and central banks continue expanding...
Anglo warned against De Beers firesale
IT would be a "mistake" for Anglo American to sell De Beers "at a deep discount in the midst of the diamond market lull",...
Ghana cancels bauxite lease for overseas partnership
GHANA has scrapped a major bauxite deal with domestic company Rocksure International, opting instead to pursue international partnerships for developing one of West Africa's...
Kumba hails “stabilisation” of Transnet logistics chain
KUMBA Iron Ore CEO Mpumi Zikalala on Tuesday said there were signs of a "stabilisation" in the performance of Transnet Freight Rail (TFR), the...