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South Africa’s mining industry to support covid-19 vaccine rollout

South Africa’s mining companies will support the government in the rollout of covid-19 vaccines as the nation battles a surge in infections, the industry body said...

Sibanye makes another bold call on platinum price

The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years...

China’s rare earth boom to pause for lunar new year, supply to tighten

(ATF) Prices of mainstream rare earths in China have been on a rapid rise this year. Wind data shows that as of January 13, the A-share...

China’s 2020 copper imports hit record high

China imported record volumes of unwrought copper and copper products on an annual basis in 2020, while its annual exports of aluminum fell to the...

Petra Diamonds’ investors back restructuring

Struggling Petra Diamonds (LON: PDL) said on Wednesday its investors have approved plans to restructure the business, a move that aims to provide the miner with a...

Gem Diamonds to keep Letšeng running amid Lesotho lockdown

Africa-focused Gem Diamonds (LON:GEMD) said on Wednesday its iconic Letšeng mine in Lesotho will remain fully operational during a 14-day lockdown that comes into effect from midnight on Thursday.The...

Indebted Zambia pays $400m in VAT refunds to mining firms

Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head of the tax authority said on Wednesday, equal...

Rhodium price roars above $20,000 in precious metals’ biggest rally

Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as auto makers that need the metal to...

Gold investors target ‘excessive’ executive payouts amid deals

Gold investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings, as soaring prices for the precious metal spur dealmaking.It...

Teranga exceeds guidance, achieves record production

Teranga Gold (TSX: TGZ) reported on Tuesday that it has exceeded its full year production guidance and achieved record annual production during 2020, marking the fifth consecutive...

First Cobalt signs supply deal with Glencore, eyes China Moly contract

First Cobalt Corp said on Tuesday it signed a deal with Glencore and has agreed a tentative pact with a unit of China Molybdenum...

Emesent technology helps Petra Diamonds save on ore pass remediation

Highly accurate point cloud data sets from a Hovermap scan allowed Petra Diamonds’ mine engineers to visualize the condition of ore passes for the...

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