France extends New Caledonia nickel rescue talks High costs and political tensions in the French-controlled Pacific territory have left its three processing plants on the verge of collapse. Reuters | February 5, 2024 | 10:04 am
Sibanye CEO pushes on with copper hunt after failed Zambian bid The precious metals producer is still looking for copper assets to buy across the African copper belt. Reuters | February 5, 2024 | 7:13 am
Sumitomo cuts nickel output forecast in Madagascar due to system glitches Japanese trading house slashed its output estimate of nickel at the Ambatovy project. Reuters | February 5, 2024 | 7:07 am
South African platinum industry could shed up to 7,000 jobs to cut costs South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production. Reuters | February 5, 2024 | 7:04 am
Rare earths prices seen rebounding in second half of 2024 – analysts Prices surged to their highest in a decade in 2022 only to plunge last year on increased production in China. Reuters | February 5, 2024 | 6:57 am
Lynas Rare Earths quits tie-up talks with MP Materials Lynas Rare Earths said confidential talks have ended with MP Materials for a possible merger. Reuters | February 5, 2024 | 6:49 am
Anglo American explores for copper, cobalt in Zambia The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad. Reuters | February 5, 2024 | 6:42 am
Guinea’s SMB to invest up to $1 billion to boost bauxite exports Guinea's leading bauxite producer will upgrade its river terminals and buy vessels. Reuters | February 5, 2024 | 6:27 am
Australian gold miner Red 5 to acquire Silver Lake Resources The merged entity will have a combined gold production profile of about 445,000 ounces per annum for fiscal 2024. Reuters | February 4, 2024 | 2:37 pm
Guinea approves joint development deal for Simandou iron ore project The deal involves the junta-led government, Rio Tinto, and Winning Consortium Simandou. Reuters | February 4, 2024 | 10:53 am
Putin signs decree allowing transactions with Russneft shares Glencore previously owned around 24% of Russneft's share capital. Reuters | February 3, 2024 | 12:31 pm
OceanaGold files for Philippine subsidiary’s IPO The Toronto-listed miner plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines. Reuters | February 2, 2024 | 5:13 pm
