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Gold may surge to $4,000/oz by end of 2026

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GOLD may surge to $4,000 per ounce by late next year as Federal Reserve monetary easing weakens the dollar and central banks continue expanding...

Anglo warned against De Beers firesale

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IT would be a "mistake" for Anglo American to sell De Beers "at a deep discount in the midst of the diamond market lull",...

Ghana cancels bauxite lease for overseas partnership

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GHANA has scrapped a major bauxite deal with domestic company Rocksure International, opting instead to pursue international partnerships for developing one of West Africa's...

Kumba hails “stabilisation” of Transnet logistics chain

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KUMBA Iron Ore CEO Mpumi Zikalala on Tuesday said there were signs of a "stabilisation" in the performance of Transnet Freight Rail (TFR), the...

SA chrome tax not a balanced approach to development

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VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa. Earlier this month, South Africa's Cabinet approved...

Global coal output set for record year: IEA

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WORLD coal production is expected to reach an unprecedented 9.2 billion tons in 2025 as fossil fuel demand maintains record levels despite environmental commitments. This...

Valterra to surge into net cash after disappointing start

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VALTERRA Platinum kicked off life as an independent company in relatively poor financial form, posting on Monday a heavier-than-expected 81% decline in headline share...

Botswana seeks majority control of De Beers – report

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BOTSWANA wants a controlling interest in De Beers, further complicating Anglo American's efforts to divest of the diamond producer, according to a report by...

Griffith the latest talent to swim free of Vedanta’s grasp

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THE departure of Chris Griffith, former CEO of Anglo American Platinum (Amplats), from Vedanta this month is the latest in a series of setbacks...

Zimplats eyes mothballed mine reopening amid rally

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IMPALA Platinum's Zimbabwean subsidiary is exploring the potential reopening of a mine shuttered since 1998, following platinum prices reaching their highest levels in over...