SA’s stricken ferrochrome industry “fairly close” to power deal
MERAFE Resources is nearing an agreement with the South African government on electricity supply tariffs aimed at saving up to 2.3 million tons a...
Is Trump presidency undoing years of advances in ESG?
Mining companies are holding firm on environmental, social and governance commitments despite the Trump administration's anti-ESG stance and record investor outflows from sustainable funds.
Global...
Barrick cautions Mali not to damage contested mine
BARRICK Mining said it had "cautioned everyone" not to damage Loulo-Gounkoto whilst it sought to resolve a dispute over the Mali mine with the...
Barrick Mining sweetens dividend after record showing
BARRICK Mining posted much improved net earnings for the second quarter – its best in over a decade – owing to reduced all in...
Motsepe seeks court protection in mining dispute
PATRICE Motsepe's African Rainbow Capital has approached Johannesburg's High Court for legal clarity in a R3.4bn lawsuit filed by US company Pula Group in...
Gemfields sells iconic luxury brand Fabergé for $50m
GEMFIELDS is to sell iconic jewellery brand Fabergé for $50m in a development that helps bolster the miner's under-pressure balance sheet.
The buyer is US-based...
US imposes tariffs on Swiss gold bars
THE US has classified one-kilogram gold bars under tariff-bearing customs codes, threatening to disrupt global bullion markets and delivering another setback to Switzerland's dominant...
Petra Diamonds survives after securing deal with lenders
PETRA Diamonds on Friday announced it had agreed with noteholders and lenders to refinance the company – an emergency measure that will also involve...
Ramaphosa offered Rainbow Rare Earths project to US
SOUTH Africa is not blessed with large reserves of the world’s minerals du jour, rare earths. So when President Cyril Ramaphosa offered supplies of...
Barrick’s Bristow calls Mali dispute “biggest challenge”
MARK Bristow describes the impasse with Mali's government over its allegations of unpaid taxes as the most stressful situation he's had to manage.
That's saying something....