An upsurge in Chinese demand and imports of minor metal molybdenum have revitalised prices of the stainless steel ingredient, but a reversal is expected as local production ramps up after disruptions.
Molybdenum oxide prices are up nearly 10% to aroun…
Reprieve for molybdenum prices from China’s import surge Read More »
South Africa-based miner AngloGold Ashanti has invested an additional $5-million into Canadian miner PureGold, which is developing a mine in Ontario, Canada. The gold major exercised 5 036 250 share purchase warrants with a strike price of $0.85, incre…
AngloGold ups stake in Canadian gold developer Read More »
The world’s largest miner will decide whether to go ahead with the $17bn potash project in Canada by mid-2021.
BHP defers decision on Jansen potash mine Read More »
Vedanta will have to keep its plans to resume operations at its copper smelter in India on hold for longer after a local court rejected an appeal to restart the plant.
The Madras High Court on Tuesday refused permission to restart the plant in souther…
India court rejects Vedanta’s plea to restart copper smelter Read More »
JSE-listed Impala Platinum Holdings (Implats) has announced that the criminal charges against its subsidiary Impala Platinum Limited have been withdrawn.
Impala was, in April, charged with alleged contraventions of certain regulations issued in terms…
Implats welcomes withdrawal of criminal charges related to lockdown Read More »
London-listed KAZ Minerals has maintained its production guidance for the year after an “excellent” first-half performance, despite supply chain and staffing challenges caused by the global Covid-19 pandemic. Copper production increased by 4% to 154 00…
KAZ Minerals maintains guidance despite Covid risks Read More »
London-listed KAZ Minerals has maintained its production guidance for the year after an “excellent” first-half performance, despite supply chain and staffing challenges caused by the global Covid-19 pandemic. Copper production increased by 4% to 154 00…
KAZ Minerals maintains FY guidance Read More »
Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says mining production and investment across most minerals, except for thermal coal, are likely to finish the year stronger t…
Mining production to end year higher than in the first half Read More »
ASX-listed Coronado Global Resources has announced a A$250-million capital raise to repay its debt.
The fully underwritten offer will consist of an initial A$145-million share placement to institutional investors, priced at 60c a share, representing …
Coronado sets sights on A$250m raise Read More »
Junior Platina Resources on Tuesday announced plans to shift its focus towards Australian gold assets on order to take advantage of record gold prices.
The ASX-listed company in June this year inked a conditional agreement to acquire the Challa gold p…
Platina shifts focus to local gold Read More »
