South African banking group Standard Bank confirmed on July 17 that it will contribute $485-million in debt finance to the $20-billion-plus Mozambique Liquefied Natural Gas (LNG) project, being developed by…
The local chromium industry is ostensibly being cut out of global ferrochrome production, owing to its eroding competitiveness and the comparatively ‘low-hanging fruit’ of supplying chromite. While it is seemingly…
latinum and palladium producer Platinum Group Metals (PTM) believes platinum-group metals (PGMs) will start to play a greater role in the development of more efficient lithium-ion batteries. PTM recently partnered with Anglo American Platinum (Amplats) to…
he world’s second largest gold miner, Barrick, says it remains open to negotiations with Papua New Guinea to reopen the Porgera mine, but stresses that negotiations have to be in…
Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International as the price of bullion soars to the highest in more than eight years. Landela Mining Ventures, which…
RioZim, one of Zimbabwe’s top gold miners, has halted operations at its mines, citing viability challenges caused by the country’s foreign currency policies. In a cautionary statement to shareholders released…
It is fair to say that although the South African mining industry represents 8% of our GDP and employs approximately 450,000 people, by 2019 figures, it is SA’s sweetheart industry.…