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.
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Zambia to start trading its own copper, competing with Glencore
The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.
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.
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.
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.
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.
New process turns scrap aluminum into usable construction materials
Twisted aluminum mesh, banged-up bicycle frames and used car parts languishing in junk yards could gain new life as building structures.
Gates, Bezos-backed KoBold Metals says Zambia copper find largest in a century
It estimates the Mingomba project, in the northern Copperbelt province, will become one of the world’s highest-grade copper mines.
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.
