Short sellers target US rare earth stocks
HEDGE funds are ramping up bets against US critical minerals companies, wagering that Trump administration support won't be enough to loosen China's grip on...
Endeavour CEO surprised by Barrick talk amid Mali exit
ENDEAVOUR Mining CEO Ian Cockerill said speculation in June linking his company with Barrick Mining made no sense because he would only be likely...
Anglo not exclusive with any buyer for De Beers, says CEO
ANGLO American had not entered into an exclusive agreement with any of the bidding consortiums for De Beers, said the group's CEO, Duncan Wanblad.
"We...
Valterra hits brick wall on Zimbabwe’s unpaid $100m
VALTERRA Platinum said it was making progress extracting current export proceeds from Zimbabwe, but an agreement on getting a historic amount of $100m paid...
Zijin ditches Allied Gold takeover for $295m stake instead
CHINA'S Zijin Gold International has abandoned its proposed takeover of Allied Gold, opting instead to take a $295m stake in the Canadian miner.
A combination...
Anglo in talks to sell De Beers for $1bn
ANGLO American is discussing a deal worth about $1bn to sell its De Beers diamond business, a fraction of what the one-time diamond monopoly...
Glencore trading profit surges on Middle East war
GLENCORE'S earnings from trading commodities roughly doubled in the first half of the year, as the Israel-Iran conflict supercharged profits across the world's biggest...
Valterra Platinum to pay R15.1bn bumper interim dividend
VALTERRA Platinum followed up a special dividend at its year-end results in February with another handsome payout saying on Wednesday it would dish out...
Petra Diamonds secures R300m loan amid Finsch rescue
PETRA Diamonds said it had secured R300m from a senior lender for working capital while it finalised business rescue for its currently suspended Finsch...
Zambia pushes pan-African minerals exchange
ZAMBIAN President Hakainde Hichilema is championing plans for a pan-African minerals and metals exchange, aimed at helping resource-rich nations capture more value from their...