Minerals Council urges Govt to rethink chrome ore tax
THE MINERALS Council of SA has reacted with alarm to the recent decision by Cabinet to approve in principle an export tax on chrome...
Hybrid vehicle sales will buoy platinum until 2026
THE SURGE in the platinum price over the past month to above $1,385/oz may be followed by a short-term correction, but it is expected...
SA miners call on Govt for illegal mining strategy
THE Minerals Council SA has called on the South African government to approve a dedicated illegal mining strategy as precious metal theft and smuggling...
India sends geology team to explore Zambian minerals
A TEAM of Indian geologists has been sent to Zambia to assess copper and cobalt reserves, said Reuters citing two government sources. This is...
SA receives $474.6m infrastructure loan
SOUTH Africa has received a $474.6m loan from the African Development Bank to upgrade its transport and energy infrastructure, said Reuters citing the bank.
The...
ARM closes Cato Ridge, sells out of Sakura Ferroalloys
PATRICE Motsepe’s sprawling mining conglomerate, African Rainbow Minerals (ARM), has restructured manganese processing activities held through Assmang, with the closure of the Cato Ridge...
Miners accused of forced labour in Congo
GOLD miner Twangiza Mining SA has accused Rwanda-backed M23 rebels of forcing its employees to work without pay after seizing its mine in eastern...
Soaring costs heap pressure on Copper 360
JUNIOR copper miner Copper 360 is going to need more capital to achieve its 6-12 month goal of scaling its production up to 40,000...
Exxaro calls time on unsustainable Leeuwpan Colliery
A FORMAL Section 189 consultation has been launched with the relevant trade unions at Exxaro’s lossmaking Leeuwpan Colliery, which has become unsustainable in its...
Pan African launches buyback despite scaling record high
GOLD miner Pan African Resources will be implementing a share buyback from Tuesday, 1 July, because it believes its shares still offer value and...