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Mid-tier gold producer Pan African Resources has confirmed it will start with a share buyback programme on both the LSE and JSE from July 1. The company advised earlier this month its intention...
Refinery services provider Heraeus finds in its latest precious metals appraisal that the platinum price, which currently averages $1 341/oz, will correct over the second half of the year. The...
UK-listed explorer Cobra has signed a conditional agreement with ASX-listed Barton Gold to sell its Wudinna gold assets in South Australia for up to A$15-million in cash and shares, allowing it to...
Zijin Mining Group has agreed to buy Kazakhstan’s Raygorodok gold mine for $1.2-billion. The deal, announced on Monday, marks the Chinese company’s first major entry into the Central Asian...
Engineering and plant services provider Babcock and machine industry company Volvo Construction Equipment (CE) on June 26 launched the new generation of Volvo articulated haulers and excavators to...
The newly named Cementation Africa is excited about setting the rebranded business on a new growth path. As part of preparations to operate outside of the Murray & Roberts Group, the new “own...
The UK government is promising Africa a fresh in-Africa value-adding approach to the mining and minerals development it will be going all out to partner and promote. This promise was spelt out...
Russian mining giant Nornickel expects a balanced palladium market this year but oversupply in the nickel market, Nornickel Vice President Anton Berlin told reporters on Friday. Nornickel is the...
Russian mining giant Nornickelsaid on Friday it expects its financial results to deteriorate this year under pressure from low metals prices, high interest rates, the strong rouble and global trade...
Aim-listed Premier African Minerals has appointed experienced mining executive Graham Hill as MD with effect from July 16, as the company looks to strengthen its technical leadership and bring the...
Specialist alloy producer Afarak Group has announced it will sell its Zeerust chrome mine and processing assets, as well as the Zeerust mining right, to Plantcor Mining and Plant Hire, which is a...
Platinum Guild International (PGI) has highlighted the Tùsaire collection, created by Scottish-American jewellery designer Maeve Gillies using 3D-printing technology, as the first platinum-based...
Gold headed for its second consecutive weekly loss, after a ceasefire between Israel and Iran dented demand for havens. Bullion edged lower early in Asia to around $3 315 an ounce and was down...
An ongoing slide in lithium prices even as demand for the battery metal continues to climb is a frustrating "paradox" not likely to be resolved before at least 2030, the world's largest producers...
This is a pivotal moment in Africa’s journey, with the continent brimming with opportunity but also challenges. “By 2050, the African population will reach 2.6-billion, so how can we ensure that...
World Gold Council (WGC) CEO David Tait has highlighted how the council is addressing four major challenges in the digitisation and standardisation of the gold market, namely a lack of trust, poor...
Indian miner Vedanta said on Thursday its parent Vedanta Resources has secured a loan facility agreement worth up to $600-million with international banks to refinance its debt. Easing risks...
Globally, the mining sector – except the gold industry – had a challenging 2024, with declining revenues and earnings before interest, taxes, depreciation and amortisation (Ebitda) as the industry...
Ensuring a robust mining industry for the future requires careful capital allocation and adhering to high standards of operation, while consolidation may be the next phase for a sector grappling...
Greenland’s biggest miner Amaroq Minerals is in talks with several state-backed agencies as Donald Trump’s political spotlight translates into concrete investor interest, the company’s chief...
Copper extended gains for a fifth day, after Goldman Sachs Group said it expected prices to rise to a 2025 peak of around $10 050 a ton in August, as supplies outside the US tighten. Traders of...
The second day of the London Indaba kicked off with an opening keynote session delivered by British diplomat Lord Mark Sedwill, during which he pondered some broad considerations for the mining...
China sees pleasing Africa as a form of insurance against trade war impacts, Sydney University Associate Professor Dr Lauren Johnston spelt out at the London Indaba, the annual event organised by...
Valterra Platinum, previously Anglo America Platinum (Amplats), is confident about the future of the platinum group metals (PGMs) market and confident that the newly demerged company is well...
There are only two countries in Africa that currently make their geological survey data open to the world. “Malawi is the first, and I believe Nigeria is the second,” Vale Base Metals chairperson...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and...
Association the World Federation of Diamond Bourses has expressed its full support for the Luanda Accord, the agreement reached among major diamond-producing countries and trading centres to fund...
Copper developer New World Resources has formalised an improved takeover offer from London-listed Central Asia Metals Limited (CAML), signing a second deed of variation to its scheme implementation...
In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very...
Niger's main mine workers' union has thrown its support behind the military government's planned nationalisation of Somair, one of the world's largest uranium mines, saying output will continue,...
Refinery services provider Heraeus finds in its latest precious metals review that the gold price is showing signs of relaxation at $3 356/oz, having fallen by about 1.6% in the week to June 20....
The three power purchase agreements (PPAs) that Richards Bay Minerals (RBM) has signed to date will provide the lion’s share of this energy-intensive Rio Tinto group company’s current energy needs....
European Union countries should create joint reserves of rare earths to prevent supply chain disruptions and economic blackmail from China, the EU's Commissioner for Industrial Strategy, Stephane...
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