Anglo starts initial talks on possible De Beers IPO
TALKS have started over the potential listing of De Beers as 85% shareholder Anglo American sets about the most difficult part of its wide-ranging...
Sibanye-Stillwater projects win “strategic designation” in Europe
SIBANYE Stillwater's ambition to become an important cog in Europe's critical minerals industry received a fillip on Wednesday after the European Commission deemed two...
Kenmare raises prospect of improved takeover proposal
KENMARE Resources said it had been providing due diligence information to a consortium ahead of a possible second takeover proposal.
Earlier this month, Kenmare said...
Mercuria targeting more investments after securing Mopani deal
MERCURIA intends to step up investment in mines as it continues to build its metals trading division, said the Financial Times.
Citing Marco Dunand, Mercuria's...
Paladin pulls uranium target after Namibia mine flooded
AUSTRALIAN uranium miner Paladin Energy withdrew its production forecast for 2025 following heavy rainfall at its Langer Heinrich mine in Namibia, described by the...
Blair backs Africa to develop fossil fuels
FORMER UK prime minister Tony Blair said on Monday it was critical Africa be allowed to focus on fossil fuels in order to grow...
Glencore cuts Cerrejon coal in effort to bolster prices
GLENCORE said on Tuesday it would cut production from its Cerrejon coal mine in an effort to arrest a decline in the fuel's price.
The...
EU designates Anglo’s Sakatti copper project ‘strategic’
ANGLO American said on Tuesday its Sakatti project in Finland had been designated strategic by the European Commission – a development that would improve...
Master Drilling CEO says market too unstable to predict
MASTER Drilling delivered the goods for shareholders in the year to end-December 2024 earning record $270.8m and pushing up its dividend to 65 South...
Investors turn to gold miners as metal outpaces inflation
THE recent surge in the gold price is finally attracting money into funds that invest in gold miners after a period in which the...