KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of the company’s Moma mine in Mozambique. The UK-listed ...
US electricity consumption is rising so rapidly that coal usage could increase dramatically, said Bloomberg News citing comments by Peabody Energy Corp. The surge in power demand, combined with US ...
LONDON’S centuries-old dominance as the world’s premier destination for mining finance is drawing to a close as investors increasingly favour Australia and Canada for backing resource ventures, said ...
A worker holds lumps of ferrochrome, an ingredient used to make stainless steel. Photographer: SeongJoon Cho/Bloomberg via Getty Images GLENCORE Merafe Chrome Venture produced 51% less ferrochrome ...
CANADA will deploy around C$3.5bn ($2.6bn) in investments and programmes to accelerate the development of critical minerals deposits, as the country seeks to position itself as a reliable alternative ...
GUINEA is positioning itself to become a gold refining centre for West Africa, according to mines minister Bouna Sylla, as the region’s producers increasingly look to process bullion domestically ...
US president Donald Trump. (Photo by Andrew Harnik/Getty Images) Mining companies are holding firm on environmental, social and governance commitments despite the Trump administration’s anti-ESG ...
GOLD shares have lagged the metal’s price for the past decade, especially since Covid, but recent performances have shown equities have caught up. The $1.6bn VanEck Gold Miners ETF (GDX), a bellwether ...
Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder. Photographer: Doug Kanter/Bloomberg via Getty Images MP Materials is teaming up with the US defence department ...
SOUTH32 was “ready and willing” to resume discussions on a new power tariff for its Mozal aluminium smelter scheduled to close in March, but it also warned the facility would not reopen once closed.
THE Minerals Council of South Africa CEO, Mzila Mthenjane on Monday acknowledged concerns over possible amendments to the country’s centrepiece mining legislation, the Minerals and Petroleum Resources ...
DRDGOLD, the Johannesburg Stock Exchange’s oldest company at 130 years old, is actively pursuing expansion opportunities across Africa, with CEO Niël Pretorius particularly keen on entering Zambia’s ...
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