Report warns of Russian dominance in uranium supply
RUSSIA’S share of global uranium mining capacity could climb above a third by 2040, a level of dominance that risks compromising the energy security of western nations as demand…
Pula appeals ruling in $195m Motsepe Tanzania case
PULA Group has appealed a Tanzanian court ruling that struck its $195m damages claim against billionaire Patrice Motsepe and companies linked to him off the roll, Bloomberg…
Can De Beers make diamonds forever again?
So … diamonds are forever, you say. Are we sure about that? The diamond market has, over the past few years, seen a cataclysmic shift that threatens its foundations to the core…
Congo copper corridor set for $1bn US boost
MOTA-Engil is set to sign a 30-year concession to rehabilitate and operate a key copper and cobalt railway in the Democratic Republic of Congo, according to Bloomberg. The…
Perseus opens the taps on shareholder returns
PERSEUS Mining has unveiled a more generous dividend policy after record cash generation in its 2026 financial year, promising shareholders a minimum 20% of operating cash flow…
US-backed group eyes $500m Tanzania nickel investment
AMERICA’S race to loosen China’s grip on critical minerals is zeroing in on Tanzania, where a US-backed investment vehicle is preparing to put roughly half a billion dollars…
US-backed group favoured for Tanzania nickel deal
A CONSORTIUM backed by the US government has emerged as the preferred candidate to invest in a major nickel project in Tanzania, said Bloomberg News. Lifezone Metals, which has…
Chinese nickel investors eye Africa as Indonesia policy bites
CHINESE companies that transformed Indonesia into the world’s dominant nickel producer are scouting African alternatives as rising policy pressure in Jakarta unsettles the…
Pula Group appeals ARC graphite damages ruling
US-based Pula Group has filed for leave to appeal a Johannesburg high court judgement that cleared Patrice Motsepe’s African Rainbow Capital (ARC) of liability in a R3.4bn…
Perseus buys into neighbour Aurum’s exploration activities
WEST AFRICAN gold miner Perseus Mining’s recent investment in 9.9% of Aurum Resources for A$23.7m could have potential synergies in future, Perseus MD and CEO Craig Jones said.…
Motsepe’s ARC ruled not liable for breach in Pula dispute
AFRICAN Rainbow Capital (ARC) has won a declaratory judgment in the Johannesburg High Court which ruled it had no liability under a confidentiality agreement at the centre of a…
Transnet reform critical if SA wants role in SADC metals flow
THE century-old Benguela railway is back in business. Running from the copper belt of the Democratic Republic of Congo (DRC) through Zambia to Angola’s deep-water port of Lobito,…
Kemcore to build African mining chemicals plants
MINING chemicals importer Kemcore is to construct processing facilities in Botswana and Angola, said Reuters on Friday. Kemcore believes the move will reduce the risk of African…
Why Patrice Motsepe had to step down as ARM’s executive chair
THE recent Sens announcement by African Rainbow Minerals (ARM) that founder Patrice Motsepe has relinquished his position as executive chair and is retiring as an employee of the…
Upstart Shuka hoping to make a splash
THESE days, the JSE’s mining sector is more like an old-age home for the once-great than a serious contender for prospectors jostling for capital. Unlike Canada, say, with its…
Zambian trader plans power line to Tanzania
A ZAMBIAN energy company plans to build a $100m power line to Tanzania, creating the first such connection and providing alternative electricity for copper mines, reported…
Perseus Mining confirms second employee dies
PERSEUS Mining confirmed on Monday that a second employee of a contractor firm passed away in a hospital, days after an accident near the gold producer’s Bagoe mine in Cote…
Perseus aborts takeover of Predictive Discovery
PERSEUS Mining terminated its A$2.1bn takeover proposal for Predictive Discovery, the company said on Thursday. This was after Canada’s Robex Resources exercised its right to…
Marula Mining plans to build gold refinery in Tanzania
JASON Brewer, CEO of Marula Mining, is the type of mining speculator Johannesburg was built on. But it was in Perth that the UK-born financier cut his teeth, a place where junior…
Perseus makes A$2.1bn swoop for Predictive Discovery
PERSEUS Mining sought to add the 292,000 ounce Bankan gold project in Guinea to its growing portfolio of African mines after proposing on Wednesday an all-share offer worth…