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SA smelters to re-open after Eskom agrees to talks

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ESKOM has agreed to enter into talks for a new electricity tariff that will see South African smelters reopen, on a limited basis, and...

Silver hovers near record ahead of Fed decision

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SILVER traded close to record levels on Monday following modest profit-taking ahead of this week's Federal Reserve interest rate announcement, whilst gold edged marginally...

Anglo withdraws executive bonuses ahead of Teck vote

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ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...

What’s behind Mantengu’s crusade against the JSE?

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FOR a junior miner barely two years into its listed life, Mantengu has found itself at the centre of an extraordinary saga — one...

Rio Tinto targets $10bn from non-core asset sales

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RIO Tinto CEO Simon Trott outlined plans on Thursday to generate $5bn to $10bn through divestments and productivity growth as he moves to simplify...

Marula Mining plans to build gold refinery in Tanzania

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JASON Brewer, CEO of Marula Mining, is the type of mining speculator Johannesburg was built on. But it was in Perth that the UK-born...

Codelco and Glencore plan Chilean copper smelter

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CHILE'S state copper producer Codelco and Swiss miner Glencore have signed an initial agreement to develop a smelter in northern Chile, the companies announced...

SA weighs eleventh hour plan to save ferrochrome smelters

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SOUTH Africa's ferroalloy industry has tabled an electricity pricing proposal requiring no government or Eskom subsidies, said News24 on Thursday. Ferrochrome producers including Glencore and...

Copper rally will prove short-lived warns Goldman Sachs

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GOLDMAN Sachs has challenged the bullish sentiment surrounding copper, predicting the metal's surge past $11,000 a ton will not last as supplies remain adequate...

Glencore to reopen Alumbrera as targets 1.6mt/y in copper output

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GLENCORE annnounced today the restart of its Alumbrera mine in Argentina by late 2026 as it sought to give fresh momentum to its struggling...