World Bank backs Mozambique hydropower megaproject
THE World Bank has approved funding for Mozambique's $5bn Mphanda Nkuwa hydropower plant, Southern Africa's largest such project in 50 years that could also...
KoBold secures contested Congo lithium deposit
US mining firm KoBold Metals, backed by billionaires Jeff Bezos and Bill Gates, has signed a landmark agreement with the Democratic Republic of Congo...
Sibanye-Stillwater extends US recycling with $82m Metallix deal
SIBANYE-Stillwater announced on Monday it agreed to buy US-based precious metals recycling business Metallix Refining for $82m (R1.5bn) in cash.
Metallix Refining, a profitable company...
South32 shares surge on manganese recovery
SHARES in South32 climbed nearly three per cent on Monday after reporting stronger-than-expected manganese production in the fourth quarter, driven by resumed exports from...
Vicuña extends Argentine mine life by years
VICUÑA Corp., a joint venture between Australia's BHP and Canada's Lundin Mining, has announced a six-year extension to the operational lifespan of its Josemaria...
BHP faces $1.7bn cost blowout at Canada project
MINING giant BHP Group on Friday announced significant delays and cost increases at its Canadian potash venture, Jansen, Reuters reported on Friday.
Some $1.7bn in...
Rains wash away Valterra Platinum’s first half earnings
VALTERRA Platinum today forecast a precipitous decline in interim earnings owing to heavy rains in the first quarter which led to the suspension of...
US consortium eyes Congo copper firm acquisition
A US investment group featuring ex-military personnel is working to buy Chemaf Resources, a mining firm in the Democratic Republic of Congo that has...
Vedanta unit plans major Zambian smelter upgrade
KONKOLA Copper Mines (KCM) will overhaul its Zambian smelter facility as part of efforts to boost production following last year's return to full operations...
Kuvimba plans $270m lithium processing facility
KUVIMBA Mining House will start construction of a lithium concentration plant at its Sandawana mine in Zimbabwe during the third quarter, with operations expected...