Gold Fields target soars as market expects higher bid
SHARES in Australia's Gold Road Resources climbed an all-time peak on Tuesday, a day after rebuffing South African miner Gold Fields' $2.1bn acquisition proposal,...
For better or worse, coal is here to stay as Asia...
THE thermal coal market has moved on since the energy security crisis sparked by Russia’s invasion of Ukraine. According to analysts, the outlook for...
Amplats says rhodium surge heralds PGM price recovery
A ONE-fifth increase in the rhodium price this year could herald a broader improvement in platinum group metal prices (PGMs), said Anglo American Platinum...
Sovereign to raise $40m for Kasiya rutile/graphite project
SOVEREIGN Metals said on Monday it intended to raise $40m through a placement of shares with the funds earmarked for the continued development of...
Kore raises $10.6m for Kola potash in share issue
KORE, a UK-listed potash mineral development firm, said it had raised $10.6m before costs from a share placement and direct subscriptions.
Funds from the shares...
Gold Fields has R37.7bn cash bid for Aussie miner rejected
GOLD Fields said on Monday it had bid A$3.3bn (about R37.7bn) to consolidate its holding in 350,000 ounce a year Australian gold mine Gruyere.
This...
Trump invokes wartime powers to lift US minerals output
US president Donald Trump has invoked wartime powers in an effort to increase American minerals production and curb its reliance on China for critical...
China to invest $1.4bn in Tanzania-Zambia railway
THE China Civil Engineering Construction Corporation (CCECC) will invest $1.4bn to upgrade the Tanzania-Zambia railway, the line's operator said, improving a key route for...
Wesizwe delays audited numbers owing to cyber-attack
WESIZWE Platinum said on Thursday its audited annual financial statements would be delayed as it recovered from cyber-attack sustained last year.
The attack was "sophisticated"...
Why investors are cautious of Glencore
INVESTMENT analysts attempting to parse the comments of Glencore’s fast-talking CEO Gary Nagle at the year-end results presentation in February had much to ponder.
Listening...