It’s time Govt. stepped up to global mining challenges
EVERY year, for the past few decades, the world’s mining heavyweights have come to South Africa at the beginning of February, expressed their displeasure...
Rio, Glencore terminate merger talks over lack of premium
RIO Tinto terminated merger discussions with Glencore on Thursday after refusing to offer a control premium for the Swiss headquartered business.
In its announcement, Rio...
10 years later, Lily Mine disaster victims still waiting closure
ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the...
Rio pushes to retain executives in Glencore merger
RIO Tinto and Glencore remain in discussions over valuation and governance as talks to conclude a proposed $260bn merger are set to be extended...
Barrick gives green light to IPO of North American mines
BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...
Anglo considers third impairment of De Beers
ANGLO American said on Thursday it was considering yet another impairment of its diamond business De Beers – its third in the last three...
Valterra makes hay to take edge off tricky maiden year
VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces.
The increase was a...
Riskier but gold’s mid-tier and junior miners offer value
PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the...
Australia considers price floor for critical minerals
AUSTRALIA is examining a price floor mechanism for critical minerals to counter Chinese market dominance and attract foreign investment to mining and processing projects,...
South Africa secures $8bn for mineral processing
AFREXIMBANK has arranged an $8bn financing package for new member South Africa, prioritising mineral processing alongside automotive manufacturing and industrial development, said Reuters citing...