South32 waiting for IDC to play hand in Mozal sale
SOUTH32 is waiting for firm proposals from minority shareholders in Mozal Aluminium before progressing recently hatched plans to sell the 370,000 ton a year Mozambique smelter.…
South32 to sell aluminium assets to Alcoa for $4.1bn
SOUTH32 is to sell its aluminium assets, including South Africa’s Hillside facilities but excluding the shuttered Mozal Aluminium in Mozambique, to Canada’s Alcoa for $4.1bn in…
South32 looking at “various options” with Mozal stake
SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation South Africa’s Industrial…
Giyani Metals seeks partners for $535m Botswana mine
GIYANI Metals said on Thursday a proposed $535m manganese project in Botswana had “strong economics” ahead of progressing talks with strategic partners. A definitive feasibility…
Mantashe acknowledges power inflation hurting metals industry
SOUTH Africa cannot build a downstream metals industry until the problem of high electricity prices is resolved, mines minister Gwede Mantashe said in an address to Parliament on…
Policy failures blight South Africa’s mineral wealth
THE Fraser Institute’s 2025 Annual Survey of Mining Companies, a global dipstick of investor sentiments towards mining jurisdictions, has once again highlighted South Africa’s…
SA’s new BEE ‘review’ a stinging test of political courage
WHEN it comes to BEE sceptics, there are few more vociferous than Moeletsi Mbeki, a man who, as the son of Govan Mbeki and brother of former president Thabo Mbeki, is as close to…
SA launches infrastructure credit-guarantee vehicle
SOUTH Africa is rolling out a new credit-guarantee programme designed to mobilise billions of dollars in private investment for infrastructure, spanning power grid expansion,…
From DRD to Gold Road: the quiet rise of Ian Murray
This article was first published in The Mining Yearbook 2025 Some people are destined to be accountants; others feel they should have a seat on a beach somewhere. Occasionally,…
Assmang brings curtain down on Beeshoek iron ore mine
AFRICAN Rainbow Minerals (ARM) announced its investment vehicle Assmang was putting the Beeshoek iron ore mine on care and maintenance resulting in the retrenchment of 622…
Orion Minerals says copper project will not fail
AFTER the best part of a decade of planning, Orion Minerals is determined to make a success of its Prieska Copper Zinc Mine with its CEO promising “high-end governance” as the…
From DRD to Gold Road: the quiet rise of Ian Murray
SOME people are destined to be accountants; others feel they should have a seat on a beach somewhere. Occasionally, there are individuals who get to do both. Enter Ian Murray,…
ARM seeks partners for green smelting breakthrough
AFRICAN Rainbow Minerals is pursuing commercial partnerships for its revolutionary SmeltDirect technology, which could transform South Africa’s struggling industrial sector, said…
SA to open first gold mine in 15 years
WEST Wits Mining will break a significant drought when production begins next year at Qala Shallows, marking South Africa’s first new underground gold operation since 2009. The…
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing a blow to the miner’s…
Orion confident of funder support to develop PCZM
COPPER mine developer Orion Minerals is confident of raising the necessary funds to proceed with development of its flagship project, Prieska Copper Zinc Mine (PCZM), based on…
Zambia suspends 15% export duty on emeralds
ZAMBIA has suspended a 15% export duty on emeralds following meetings with the country’s mining sector. Effective on January 1, the export duty would almost certainly have sunk…
IDC allocates 40% of exploration fund to juniors
M ining is critical to South Africa’s economy. In the first three quarters of 2024, the sector contributed an added value of about R448.4bn (6.8%) in nominal terms to the…
Mantashe says Govt’s exploration fund in “full swing”
THE South African government’s exploration fund had attracted 115 applications since its launch in February, said minerals and energy minister, Gwede Mantashe. The fund was “in…
Orion halts trading in its shares ahead of Okiep Copper exploration results
Orion Minerals has requested an immediate trading halt over its shares on the Australian and Johannesburg stock exchanges on the grounds that the company “anticipates making a…