Discovery targets mining with 24-hour renewables plan
DISCOVERY Green has signed several mining companies to a renewable power offering that targets 90% of their electricity needs. A mix of wind, solar and batteries can help meet…
Caledonia closes in on funding for $600m Bilboes project
CALEDONIA Mining said it was close to securing further funding for its Bilboes gold project in Zimbabwe, with a $150m interim bank facility due to close as early as October. The…
Transnet targets leap in coal exports despite cash squeeze
TRANSNET has targeted 65 million tons (Mt) in delivered coal exports after another year of rail volume growth, but debt and weak cash generation have put a brake on its ambition.…
BHP’s Udd to take helm at Albemarle
ALBEMARLE has named BHP executive Ragnar Udd as its next CEO, Reuters reported on Thursday. Udd, currently BHP’s chief commercial officer, will take over on February 1, 2027,…
BHP’s commercial chief Udd to depart in January
BHP Group’s chief commercial officer, Rag Udd, is to leave the world’s biggest miner at the end of January, said Bloomberg News citing LinkedIn posts. Udd’s departure marks the…
Kumba seals China iron ore deal
Anglo American’s Kumba Iron Ore has agreed a year-long supply deal with China’s state-backed iron ore buyer, China Mineral Resources Group (CMRG), Bloomberg reports. The…
Gold Fields rebuts claim Tarkwa community oppose licence renewal
GOLD Fields has today hit back at reports in Ghana that local authorities had opposed an application by the miner to renew Tarkwa’s mining lease. The Apinto Divisional Council,…
Tharisa sees price support despite weaker chrome
CHROME concentrate prices have softened in the wake of softer stainless steel demand, partly owing to the Middle East conflict, said Tharisa CEO Phoevos Pouroulis. He was…
BEE’s gaming problem, not racism, is driving a backlash
AT the Nedbank Top Empowerment Conference in Sandton last month, trade, industry & competition minister Parks Tau addressed the criticism that broad-based BEE (BBBEE) has…
Exxaro export coal prices surge amid Middle East conflict
EXPORT thermal coal markets improved in the first half of 2026, said Exxaro Resources, with the Johannesburg miner saying prices increased to as much as $124/t – a 35% lift –…
G7 resolves to fight China metals dominance
GROUP of Seven leaders have agreed to deepen co-ordination to reduce their dependence on China for critical minerals, with plans to align stockpiling strategies and launch a new…
Jinchuan probe uncovers $145m Congo fraud scheme
AN independent investigation has found that nearly $145m was misappropriated from Jinchuan Group International Resources’ copper and cobalt operations in the Democratic Republic…
China’s KDG completes takeover of JSE’s MC Mining
THE Hong Kong listed Kinetic Development Group (KDG) has completed the takeover of ASX and JSE listed coal producer MC Mining in which it now holds a 51% stake following…
Sibanye-Stillwater starts talks with EU on ensuring Keliber’s viability
A DECISION on when to proceed with the third phase of the full €763m Keliber project in Finland, the refinery, is expected to be made in the fourth quarter of this year, once…
Uncertainty clouds Jubilee’s copper ambitions
ZAMBIAN copper producer Jubilee Metals has spent the past two years pitching itself as an emerging copper miner rather than just a processor of third-party material. Its latest…
Secretive Eskom gets walloped in court by AfriForum
LET it not be said that Eskom doesn’t look out for the little guy. Sure, it buys diesel for its generators from PetroSA and other major international players. But it also spreads…
Glencore buys cobalt hoard for US defence stockpile
GLENCORE has agreed to purchase nearly 2,000 tons of cobalt from industry veteran Rami Weisfisch in a deal worth close to $115m at current prices, said Reuters citing two sources…
Kumba opens contract talks with Transnet amid uncertainty
KUMBA Iron Ore may need more capacity on Transnet’s Sishen to Saldanha Bay railway, but where volume isn’t in shortage is in complexity. Not, at least, when it comes to running a…
Sibanye-Stillwater to ask EU for lithium price underpin
SIBANYE-Stillwater is hoping to discuss support mechanisms for lithium that will underpin its plans to refine the metal from Keliber, a €783m (R14.9bn) project in Finland. “We…
Low diamond prices make De Beers sale more complex
STUBBORNLY low diamond prices had made the sale of De Beers “complex”, said Duncan Wanblad, CEO of Anglo American, its 85% shareholder. “It’s complex mainly because of the state…