Aim-listed Ncondezi Energy is at an advanced stage of finalising the shareholder loan restructuring, which is expected to provide additional time to explore future refinancing options, CEO Hanno Pengilly said in a statement on Tuesday. Management is co…
Ncondezi restructuring shareholder loan Read More »
The Petroleum Agency of South Africa (Pasa) has awarded hydrocarbon exploration licences totalling 30 132 km2 to six junior mining companies in a bid to help resolve the country’s energy crisis.
There has been very little hydrocarbon exploration acti…
Six juniors to scope South Africa’s onshore hydrocarbon potential Read More »
Glencore’s Mutanda mine in Democratic Republic of Congo has suspended operations prematurely due to difficulties procuring sulphuric acid, a key input for copper and cobalt extraction, its Mutanda Mining subsidiary told employees in a letter on Monday….
Glencore’s Mutanda mine in Congo shuts down a month early Read More »
TSX- and NYSE-listed Platinum Group Metals (PTM) expects its Waterberg joint venture (JV) partners to approve the project’s definitive feasibility study (DFS) during next month, while approval of a mining right is also pending.
PTM says the positive …
Implats to decide if it wants to develop Waterberg project Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Tuesday as the bulls are now working to stabilize the market after prices hit a six-month low Monday.
Bitcoin daily chart alert – Bulls work to stabilize market – Nov. 26 Read More »
JSE-listed Impala Platinum (Implats) has progressed with due diligence for the acquisition of outstanding shares in TSX-listed North American Palladium (NAP).
The $758-million, or R11-billion, merger has been approved by the Canadian and German compe…
Implats expects merger with NAP to be finalised by mid-December Read More »
(Kitco News) – Gold prices are modestly lower in early U.S. trading Tuesday. The safe-haven metals are finding it hard to catch a bit as there is scant risk aversion in the global marketplace at present.
Upbeat U.S.-China trade news dents gold prices Read More »
South Africa’s Lesego Platinum CEO James Nieuwenhuys has joined the board of Russian miner Eurasia Mining, but no potential transaction between the companies is on the horizon.
Eurasia previously said that the appointment of Nieuwenhuys to the board w…
Lesego CEO joins Eurasia board, but no transaction on horizon Read More »
The global diamond industry will require a new narrative and a rebranding to secure its future, a new report has warned.
The Dubai Multi Commodities Centre (DMCC) states in its ‘Diamonds Changing Forever’ report that the global industry is at a “major…
Diamond industry at ‘inflection point’ – DMCC report Read More »
Details about how it will fund the development of a heavy rare earths processing facility in Texas expected to come by the end of February.
Lynas close to securing funding for rare earths plant in the US Read More »
