Strike action pushes Sibanye into the red in first half
Gold production was hit by the strike that ended in April and cost Sibanye more than $100 million in lost revenue.
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Amplats completes buyout of prospecting rights from Atlatsa
As part of the deal, the platinum miner said it would waive debt owing by Atlatsa.
Teck’s zinc production to take hit following equipment failure
The incident could cost the miner between 20,000 and 30,000 tonnes in lost production.
New projects for battery material nickel need a price spur
Consultancy Roskill estimates most new greenfield nickel projects would need prices at $22,000 a tonne or above.
Zambian court suspends KCM wind-up hearing pending appeal ruling
Zambia’s High Court has suspended hearings until the Court of Appeal rules on the lower court’s refusal to let the matter go to arbitration.
Central banks just love gold and it’s going to stay that way
Gold has surged 19% this year as the trade war flared up, bond markets signaled that a US recession may be on the horizon, and the Federal Reserve cut rates.
Seriti may turn to equipment makers as coal IPOs shunned
It has been approached by heavy earth-moving equipment suppliers interested in providing funding in exchange for securing contracts.
Chinese venture to start mining battery metal antimony in Tajikistan
TALCO Gold aims to eventually produce 10% of the global output of antimony.
Lithium glut, EV subsidy cuts take toll on major producers
Prices for the battery metal have fallen by more than 40% over the past year, knocking top producers' profits and share price gains.