July 22, 2024

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.

July 18, 2024

Nornickel weighs projects in new top market China

Nornickel executives held talks with potential Chinese partners this month and signed about 10 memorandums of understanding, Bloomberg sources say.

July 18, 2024

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

July 17, 2024

Ramp Metals surges on Sprott backing for Saskatchewan project

Ramp compares its project with the eye structure of the Nova-Bollinger nickel-copper mine in Western Australia.

July 12, 2024

Nornickel to restart furnace at key smelter in early August

Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.

July 11, 2024

Sibanye-Stillwater hit by cyberattack, says mining business unaffected

Smelter operations in Columbus, Ohio were impacted after its automated systems all went down.

July 9, 2024

China to launch its first platinum, palladium futures

The Guangzhou Futures Exchange will be the first exchange to allow delivery against its contracts in a form used by the main consumers.

July 9, 2024

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

July 8, 2024

Ramp Metals plunges after new gold assays in Saskatchewan

Ramp is betting on a geological trend 30 km southwest of the historical Rottenstone open pit mine.

June 26, 2024

Sibanye ‘will have to’ shutter US mine unless palladium recovers

Sibanye took a $2.1 billion writedown on its unprofitable US assets earlier this year.