Administrator Tertiary Minerals raises GBP500,000 for metal exploration in Nevada & Zambia Aim-listed Tertiary Minerals has raised £500 000 before expenses th rough a placing of over 294-million new ordinary shares in the company. The placing was arranged through the company’s joint broker ... Jan 24, 2022
Administrator Copper price rises on stimulus hopes in China The copper price rose on Wednesday, supported by expectations of further policy easing in China. March delivery contracts were exchanging hands for $4.48 a pound ($9,856 a tonne) on the Comex market i... Jan 24, 2022
Administrator Sibanye-Stillwater faces strike at South Africa gold mines South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body None [1] has cleared them to ... Jan 17, 2022
Administrator Glencore-Merafe JV building new PGMs production plant at Kroondal J SE-listed ferrochrome producer Merafe None [1] Resources reports that it and Glencore None [2] Operations South None [3] Africa have reached an agreement to contribute to the Glencore-Merafe c... Jan 17, 2022
Alejandra Espejo First Quantum adds GM leader development programme to Zambia initiatives TSX-listed First Quantum Minerals has embarked on a new GM Leadership Development Programme in Zambia to mould talented staff into capable leaders. This is expected to build on the success of the Non... Jan 10, 2022
Administrator Copper price set for biggest weekly decline since November The copper price rose on Friday, supported by a rebound in equities and tight supply, but a firmer dollar and expectations of an early US interest rate hike kept the metal on track for its biggest wee... Jan 10, 2022
Alejandra Espejo Gold steadies near 6-week high as firmer yields offset Omicron woes Gold scaled a six-week high before it gave up gains to trade flat on Monday, as safe-haven buying fuelled by an Omicron-driven surge in Covid-19 infections countered pressure from higher US Treasury y... Jan 3, 2022
Administrator Copper price rises as China’s factory activity accelerates The copper price rose on Friday on robust demand from top consumer China. March delivery contracts were exchanging hands for $4.46 a pound ($9,812 a tonne) by midday on the Comex market in New York, ... Jan 3, 2022
Administrator Billionaire-backed African Rainbow buys mothballed platinum mine * African Rainbow Minerals, backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum’s mothballed Bokoni platinum mine for R3.5-billion. * The deal comes after the wo... Dec 27, 2021
Administrator Researchers link cobalt mining in the DRC to violence, substance abuse, food-water insecurity .After studying the impacts of cobalt mining in the Democratic Republic of the Congo, an interdisciplinary team of researchers led by Northwestern University is calling for more data on how emerging t... Dec 27, 2021
Administrator Most commodities prices to average lower in 2022 — report In its latest industry report, market analyst Fitch Solutions says it expects global commodity prices to ease in 2022 from current levels and forecasts most commodity prices to average lower on a y-o-... Dec 20, 2021
Administrator Freeport, China smelters agree higher copper treatment charges for 2022 Miner Freeport-McMoRan Inc has agreed copper treatment and refining charges (TC/RCs) for 2022 with Chinese smelters at $65 per tonne and 6.5 cents per lb, two sources with knowledge of the matter said... Dec 20, 2021
