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Southern Palladium raises A$20m on back of price surge

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SOUTHERN Palladium rode the recovery in platinum group metal (PGM) prices to full advantage announcing on Monday it had raised A$20m through the placement...

Gold rally delivers windfall for SA’s mining investors

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SURGING gold prices are generating substantial benefits across emerging economies, strengthening investor confidence in nations that produce and accumulate the precious metal, said Bloomberg...

Trump measures spark rare earth investment surge

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SHARES in rare earth mining companies have surged to record levels as investors respond enthusiastically to the White House's efforts to reduce American dependence...

Moody’s downgrades Botswana amid diamond slump

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MOODY'S has downgraded Botswana's credit rating to Baa1 from A3, highlighting the government's struggle to adapt to a sustained decline in the diamond sector...

Bristow & Froneman: the last of the modern-day Randlords

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CHIEF executive turnover is increasing in the world’s mining sector. It rose to 15.1% in 2023 from 14% a year earlier, according to a...

Petra Diamonds launches $25m rights offer

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PETRA Diamonds today launched its previously announced £18.8m ($25m) rights offer which forms a key part of steps aimed at keeping the company afloat...

Platinum price rise justified and sustainable

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THE 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal,...

US warns China over rare earth controls

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AMERICA'S Treasury secretary has cautioned China that sweeping new restrictions on rare earth and critical mineral exports risk forcing Western nations to sever economic...

Illegal miners kill police at Gemfields ruby mine

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GEMFLELDS Group said today its Montepuez ruby mine in northern Mozambique was stormed by illegal miners, resulting in the deaths of two police officers. Around...

Record breaking DRDGOLD ploughs profits into Ergo

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DRDGOLD ploughed cash from record gold prices into its capital growth programme spending R751.8m in the September (first) quarter. Publishing its first quarter production report...