Master Drilling CEO says market too unstable to predict
MASTER Drilling delivered the goods for shareholders in the year to end-December 2024 earning record $270.8m and pushing up its dividend to 65 South...
Investors turn to gold miners as metal outpaces inflation
THE recent surge in the gold price is finally attracting money into funds that invest in gold miners after a period in which the...
Gold Fields target soars as market expects higher bid
SHARES in Australia's Gold Road Resources climbed an all-time peak on Tuesday, a day after rebuffing South African miner Gold Fields' $2.1bn acquisition proposal,...
For better or worse, coal is here to stay as Asia...
THE thermal coal market has moved on since the energy security crisis sparked by Russia’s invasion of Ukraine. According to analysts, the outlook for...
Amplats says rhodium surge heralds PGM price recovery
A ONE-fifth increase in the rhodium price this year could herald a broader improvement in platinum group metal prices (PGMs), said Anglo American Platinum...
Sovereign to raise $40m for Kasiya rutile/graphite project
SOVEREIGN Metals said on Monday it intended to raise $40m through a placement of shares with the funds earmarked for the continued development of...
Kore raises $10.6m for Kola potash in share issue
KORE, a UK-listed potash mineral development firm, said it had raised $10.6m before costs from a share placement and direct subscriptions.
Funds from the shares...
Gold Fields has R37.7bn cash bid for Aussie miner rejected
GOLD Fields said on Monday it had bid A$3.3bn (about R37.7bn) to consolidate its holding in 350,000 ounce a year Australian gold mine Gruyere.
This...
Trump invokes wartime powers to lift US minerals output
US president Donald Trump has invoked wartime powers in an effort to increase American minerals production and curb its reliance on China for critical...
China to invest $1.4bn in Tanzania-Zambia railway
THE China Civil Engineering Construction Corporation (CCECC) will invest $1.4bn to upgrade the Tanzania-Zambia railway, the line's operator said, improving a key route for...