Ironveld secures potential financing, setting the stage for local production of high-purity metals in South Africa, promising a significant shift towards self-reliance …
Finance
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South Africa’s mining sector is facing a sharp decline in tax revenue due to the drop-in profitability and production of the industry, …
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Facing a severe profit drop, Amplats plans to cut thousands of jobs in a bid to manage costs, signaling tough times for …
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Peru’s environmental authority approves a $2 billion expansion for the Antamina mine, promising extended operations until 2036 and boosting the local economy …
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Premier African Minerals, a London-listed mining company, has announced that it will raise £ 2.48 million through a subscription to advance its …
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International Resources Holding (IRH) pledges $1.1 billion for a majority stake in Mopani Copper Mines, ushering in a transformative era for Zambia’s …
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China Baowu Steel Group announces a significant bond issue to finance the Simandou iron ore project, marking a key step in the …
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In a significant boost to the DRC’s mining sector, Chinese companies commit up to $7 billion to infrastructure developments as part of …
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CommoditiesFinance
Morocco’s Managem to Boost Gold, Copper and Cobalt Production with $300M Investment
Morocco’s leading mining company, Managem, has announced plans to raise its capital by 3 billion dirhams ($300 million) in the first half …
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Nickel futures remain on a downward trend as the industry grapples with falling prices and production cuts, impacting major players.