Anglo American rejects BHP’s third bid, extends deadlineAnglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.Cecilia Jamasmie | May 22, 2024 | 7:03 am
Anglo’s second largest investor demands BHP bid revisionPetition by South Africa's Public Investment Corporation (PIC), which owns…Cecilia Jamasmie | May 22, 2024 | 3:33 am
BHP shares hit 3-month high as deadline for formal Anglo bid loomsBHP has until 16:00 GMT on Wednesday to make a…Reuters | May 21, 2024 | 7:44 am
Glencore makes additional investment in Stillwater Critical Minerals Last June, the commodity trading giant made its first investment in the critical minerals explorer. Staff Writer | March 29, 2024 | 8:50 am
Nornickel says financial stability is priority, not dividends Nornickel's 2023 net profit and revenue declined due to low metal prices. Reuters | March 29, 2024 | 5:28 am
Magna Mining signs offtake deal with Vale for Crean Hill project Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing. Staff Writer | March 27, 2024 | 6:59 am
Platinum metals face structural hit to demand from electric vehicle revolution According to analysts at Macquarie, demand for both platinum and palladium from the auto sector will start falling beyond 2025. Reuters | March 20, 2024 | 10:30 am
Zimplats to offer voluntary job cuts after platinum price rout Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted. Reuters | March 20, 2024 | 7:28 am
Sibanye halts production at Rustenburg shaft after damage The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024. Reuters | March 20, 2024 | 5:50 am
Implats’ Zimbabwe unit plans voluntary job cuts to contain costs Weak platinum group metal prices are projected to last for the next 12 to 18 months. Bloomberg News | March 18, 2024 | 12:44 pm
South Africa optimistic for tax breaks to kick-start EV industry South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries. Bloomberg News | March 18, 2024 | 9:14 am
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo. Reuters | March 14, 2024 | 10:52 am