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Eskom tariff for ferrochrome “needs to be replicated”

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ONE assumes the electricity regulator in South Africa (Nersa) is conscious that in approving a heavily discounted tariff for ferrochrome smelters, it is waving...

Lucara Diamond secures balance of funds for $779m Karowe

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THE future of one of the world's richest diamond mines has finally been secured three years after its botched expansion threatened to bankrupt owner...

Resolute greenlights $516m Côte d’Ivoire gold mine

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RESOLUTE Mining has given the final thumbs up for its $516m Doropo project in Côte d'Ivoire, scoped in a recent feasility study to produce...

Anglo American iron ore cargoes diverted by Iran war

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AT least three iron ore cargoes operated by Anglo American have been diverted mid-voyage as the US and Israeli military campaign against Iran chokes...

Mali establishes judicial mining task force

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MALI is creating a specialised task force with judicial powers to oversee gold mining and quarrying operations across the country, said Bloomberg News on...

Orion Minerals sets sights on wealthy equity partners

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ORION Minerals, a Northern Cape copper developer, is optimistic its most recent investor roadshow to Australia will achieve what has so far eluded it...

Harmony studying plans to expand surface gold output

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HARMONY Gold is weighing up plans to expand its surface remining activities which includes development of tailings facilities accessing 5.7 million ounces in gold...

Iran warns of $200 oil as attacks on Gulf shipping mount

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IRAN'S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday. This comes as...

Rainbow Rare Earths approves $279m Brazil project

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RAINBOW Rare Earths has approved a $279m rare earths project in Brazil, partnering with US fertiliser giant Mosaic to extract critical minerals from phosphogypsum...

Samancor presses ahead with job cuts despite Eskom deal

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SAMANCOR Chrome is pushing forward with plans to retrench about 2,400 workers across its smelting operations and corporate offices, said Bloomberg News citing a...