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Congo quotas could push cobalt into deficit in 2026

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COBALT prices have reached a three-year peak as export restrictions in the Democratic Republic of Congo threaten supply shortages of the critical battery material,...

Friedland warns tensions escalating copper shortage

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BILLIONAIRE mining entrepreneur Robert Friedland has warned that deteriorating international relations are disrupting global supply chains with serious implications for the copper industry. The founder...

US miner to revive Mali’s Morila gold mine

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A NEW York mining firm has struck a deal with Mali's government to resume production at the Morila gold mine marking the first US...

Sibanye-Stillwater eyes DRDGOLD in shift to surface mining

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SIBANYE-Stillwater would like to increase its stake in its 50.1%-owned tailings miner DRDGOLD as it phases out gold production from its deep level mines. "We...

Exxaro reins in copper ambitions after manganese deal

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SOUTH African coal producer Exxaro Resources has scaled back ambitions to add copper to its portfolio after losing out on a producing mine in...

Anglo makes Botswana key to finalising De Beers sale

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ANGLO American CEO Duncan Wanblad said on Thursday Botswana's government would be brought into negotiations with one or two short-listed bidders for De Beers...

Court orders Chinese firm to release train parts to Transnet

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A SOUTH African court has ordered China's CRRC E-Loco to release locomotive spares withheld from Transnet in a long-running contract dispute, said Reuters citing...

NUM refers Sibanye-Stillwater gold talks to CCMA

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WAGE negotiations at Sibanye-Stillwater's gold operations have been referred to mediation, said the National Union of Mineworkers which described the miner's latest offer as...

PIC unveils R1.35bn budget for early stage mining projects

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SOUTH Africa's Public Investment Corporation (PIC) on Wednesday unveiled plans to invest R1.35bn in "early stage" mining of which at least half would be...

Anglo defends merger despite Teck production cuts

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ANGLO American has defended its due diligence of a $50bn merger with Teck Resources after the Canadian miner sharply reduced output forecasts at its...