Briggs confident Copper 360 will raise funds
COPPER 360 CEO Graham Briggs expects little difficulty securing the final R50m of the struggling miner's R1.15bn recapitalisation, describing the task in an interview...
ARM seeks partners for green smelting breakthrough
AFRICAN Rainbow Minerals is pursuing commercial partnerships for its revolutionary SmeltDirect technology, which could transform South Africa's struggling industrial sector, said News24 in a...
Sylvania Platinum projects give firm “room to grow”
SHARES in Sylvania Platinum, the London-listed mining group, have raced up 88% this year. While that’s not out of line with other platinum group...
GEM Diamonds cuts Letseng workforce by fifth
LESOTHO'S largest diamond mine has laid off 240 workers – a fifth of its staff – as plummeting gem prices and weak global demand...
Gold could surge to $5,000/oz, says bank
GOLD prices might soar to nearly $5,000 per ounce if US president Donald Trump's assault on Federal Reserve independence undermines America's central bank, according...
Nuclear revival threatens uranium supply shortage
A RESURGENCE in nuclear power could trigger a critical uranium shortage as global demand soars while mine production plummets, said the Financial Times citing...
Copper 360 launches R1.15bn recapitalisation
COPPER 360 on Friday unveiled plans to recapitalise its under-pressure balance sheet in which it would issue shares and convert debt to the tune...
ARM takes medicine after tough two years at Bokoni Platinum
AFRICAN Rainbow Mineral's (ARM's) attempt to breathe fresh life into Bokoni Platinum, a mine in South Africa's Limpopo province, cost it dear in the...
Glencore may be digging in for more dealmaking
GLENCORE CEO Gary Nagle speaks like a person in search of a deal. Asked for his view on mergers & acquisitions (M&A) among the...
Lloyd’s reverses fossil fuel coverage ban
LLOYD'S of London's new CEO has abandoned his predecessor's climate commitments, allowing insurers to resume covering the most polluting fossil fuel projects.
Patrick Tiernan told...