Administrator Zimbabwe makes U-turn on mining royalties to halt currency slide Zimbabwe’s finance minister requested mining companies to pay up to half of their royalties in local currency, as part of measures to stem a decline in the unit that has been fanning inflation. The or... Feb 7, 2022 Latest News
Administrator Gold heads for weekly gains as stocks drop before us data jobs Gold headed for a weekly advance as US equities fell after Meta Platforms suffered a historic share-price rout, while investors awaited a key jobs report for more clues on the Federal Reserve’s moneta... Feb 7, 2022 Latest News
Administrator Zambia the stand-out player in African Minerals Exploration for 2022: Experts “All eyes are on Zambia,” says Peter Major, director of mining at Mergence Corporate Solutions in South Africa. Major spoke in Cape Town in October as he prepared for a mining investment trip to Zambi... Jan 31, 2022 Latest News
Administrator Copper price heads for biggest weekly fall in three months Copper prices headed towards their biggest weekly decline since October on Friday as the prospect of central bank tightening reduced investor appetite for risky assets, hammering equities and boosting... Jan 31, 2022 Latest News
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 Latest News
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 Latest News
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 Latest News
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 Latest News
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 Latest News
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 Latest News
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 Latest News
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 Latest News
