Copper tariffs offer mixed blessing for industry
US copper tariff threats have created a lucrative windfall for Freeport-McMoRan Inc., America's largest copper producer, though the company's CEO warns that comprehensive trade...
Central banks elevate gold above euro reserves
GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by unprecedented buying and rising valuations,...
Pan African misses gold guidance but slashes net debt
PAN African Resources said on Wednesday gold production for its 2025 financial year would slip below guidance while costs would be higher owing to...
Perseus Mining lays out $878m, five-year gold plan
PERSEUS Mining on Wednesday set down a five-year gold production plan that will require $878m in development capital including the Nyanzaga Gold Project in...
Govt corrects draft bill freeing mineral explorers from BEE
THE South African government on Tuesday corrected draft amendments to the Minerals and Petroleum Resources Development (MPRD) bill gazetted last month.
The key change was...
Kore Potash shares slip after unveiling $2.2bn funding plan
SHARES in Kore Potash fell as much as 10% on Tuesday after the fertiliser minerals developer detailed a $2.2bn funding package for its Kola...
Thungela CEO says firm favours metallurgical coal deals
THUNGELA Resources would consider adding metallurgical coal assets to its portfolio as there was a "natural adjacency" to its thermal coal production, said CEO...
Car industry faces shutdown threat over magnets
AUTOMAKERS across Europe are confronting potential factory closures by mid-July as Chinese export restrictions on rare-earth magnets threaten to trigger the industry's third major...
Copper smelters face record losses amid oversupply
COPPER smelters are paying unprecedented sums to process raw materials as China's aggressive expansion of processing facilities creates a global market imbalance that threatens...
Valterra leads charge as platinum surges to three-year high
SHARES in Valterra Platinum, which last month demerged from Anglo American, surged in Johannesburg after the platinum price reached its highest in more than...