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Rio slides 6% as analysts question wisdom of Glencore deal

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SHARES in Rio Tinto fell more than 6% following an announcement by the Australian miner on January 8 it was discussing a combination of...

Glencore confirms all-share merger talks with Rio Tinto

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GLENCORE announced on Thursday evening it was in talks with Rio Tinto about a possible merger between the two companies. "Glencore notes recent media speculation...

Nickel retreats as Indonesia withholds output cut details

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NICKEL prices extended losses after Indonesia failed to specify production reductions that had previously sparked a sharp rally in the battery metal, said Bloomberg...

Precious metals fundraising reaches 12-year peak

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GOLD and silver mining companies secured over $6.2bn through share sales last year, marking the highest capital-raising volume in at least 12 years for...

AI and defence will strain copper supplies

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GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...

Jubilee receives further payment for SA exit

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JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...

Rainbow relishes benefits of a growing rare earths family

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RARE earths, it turns out, are a broad family of elements – 17 in all – any of which sound like the forbidden substance...

SA throws lifeline to ferrochrome producers

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SOUTH Africa has loosened antitrust regulations to allow companies in sectors crippled by soaring electricity costs to jointly negotiate cheaper power supplies, a move...

Copper prices surge to record on tariff uncertainty

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COPPER has extended its powerful rally, breaking through $13,000 per ton for the first time as traders rushed to ship metal to the United...

Gold Fields CEO says market is too short term

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GOLD Fields CEO Mike Fraser admits to some frustration in the wake of his company’s capital markets day last year when it outlined production...