US lawmakers to push for $70bn critical minerals boost
LEGISLATION will be introduced in the US today authorising $70bn in additional funding for the Export-Import Bank over the next decade, as the agency...
Glencore in talks to sell DRC copper assets for $9bn
GLENCORE said on Tuesday it was in talks to sell a 40% stake in its copper and cobalt mines in the Democratic Republic of...
Harmony to hit interim guidance despite hiccoughs in Q2
HARMONY Gold said on Tuesday it would meet production guidance of between 1.4 to 1.5 million ounces for the first six months of its...
Court rules Zimplats not liable for platinum royalty
ZIMBABWE'S High court said Impala Platinum’s local unit was not liable to pay mining royalties of $7.1m on exports matte and concentrates.
According to a...
Implats earnings set to surge fivefold
IMPALA Platinum will post a spectacular increase in interim earnings, fuelled by higher platinum group metal prices and strong second quarter operational performance.
The miner...
Happy days return for South Africa’s platinum industry
SOUTH Africa’s platinum industry is forecast to triple free cash flow to about R1.7bn this year, after a major uptick in fortunes for the...
Is Jubilee South Africa’s best copper play?
WITH the sale of Jubilee Metals’ South African chrome and platinum group metals assets now complete, the company is officially a pure-play copper story.
Just...
Precious metals sell-off spreads across markets
GOLD and silver suffered sharp declines on Monday as a record-breaking rally in precious metals reversed, sending ripples through global equity markets, said the...
Commodities plunge on hawkish Fed chair choice
COMMODITIES markets tumbled on Monday as Donald Trump's selection of Kevin Warsh to lead the Federal Reserve triggered widespread selling across precious metals, energy...
DRDGold finalises five-year wage deal at Ergo
DRDGOLD has concluded a five-year wage agreement with unions at its Ergo operations, heading off strike action that had been scheduled to begin on...