Petra Diamonds abandons ‘regular tender cycles’
PETRA Diamonds has abandoned regular diamond tenders in favour of opportunistic sales as the market for unpolished goods continues to struggle.
Commenting in a sales...
Omnia declares second special dividend running
SOUTH African chemicals company Omnia Holdings declared a special dividend for the second consecutive year on Monday, as its expanding explosives business helped counteract...
Partnerships will transform Africa’s mining sector
AFRICA'S mining sector stands at a crossroads. With its vast mineral reserves, the continent possesses the resources to power the next phase of development...
A year after unveiling its restructure, Anglo has surprised the market
Voicemail is on the decline globally, 8% lower since 2020, according to US company Vonage. Coca-Cola removed it from its corporate headquarters three years...
Global nickel oversupply expected until 2028
THE global nickel market faces prolonged oversupply until at least 2027-2028, according to Reuters citing industry analysts at a metals conference in Jakarta this...
Cobalt Holdings scraps £180m London IPO
COBALT Holdings has abandoned its planned London listing just weeks after announcing a $230m share offering backed by leading investors including Glencore, said the...
Sale of De Beers draws interest from former CEOs: report
ANGLO American's planned sale of De Beers is drawing interest from former CEOs of the diamond mining giant, Bloomberg News reported on Thursday.
The disposal...
Jubilee to ease pressure with $90m sale of SA business
JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa.
Commenting on the planned...
Abu Dhabi’s IRH to buy Alphamin control for C$503m
INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE's International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin...
Harmony fosters inclusive development in North West province
IN a continued effort to foster inclusive development, Beyers Nel, Group CEO of Harmony, recently met with the Premier of the North West Province...