Is this the start of a hot new metals bull market?

By Frank Holmes — Major US indices slid for a second straight week as President Donald Trump and North Korea both escalated their saber-rattling, with Kim Jong-un explicitly targeting Guam, home to a number of American military bases, and Trump tweeting Friday th...
Posted On 16 Aug 2017

South Africa withdraws plan for moratorium on mining rights

JOHANNESBURG – South Africa’s Department of Minerals withdrew plans to impose a moratorium on granting and renewing mining rights and will explore other measures to ensure companies are compliant with the industry charter.
Posted On 04 Aug 2017

Zimplats’ quarterly revenue rises

Mapakame HARARE – Zimbabwe Platinum Holdings Limited (Zimplats) has reported a 9 percent rise in revenue for the quarter ended June 30, 2017 to $143 million.
Posted On 02 Aug 2017

Caledonia NYSE listing a boon for Blanket Gold Mine

HARARE – Canadian junior miner Caledonia Mining Corporation says it has received approval for the listing of its common shares on the New York Stock Exchange (NYSE).
Posted On 24 Jul 2017

Forecasts for uranium price all point up

By Frik Els — Uranium was the glaring exception amid a broad-based rally in metals and minerals in 2016. The price of U3O8 fell 41 percent in 2016 with the industry tracker UxC’s broker average price hitting 12-year lows below $18 per pound in November.
Posted On 14 Jul 2017

Oil retreats after bull-run

LONDON -Oil prices fell more than 1 percent today, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish.
Posted On 05 Jul 2017

Zim tungsten producer gets permits to ship concentrate to SA

HARARE – Zimbabwe-focused mining group Premier African Minerals Limited says it now in a position to commence the shipment of wolframite concentrate from its RHA mine to Durban after receiving the requisite permits from Zimbabwean authorities.
Posted On 06 Jun 2017

Is coking coal pricing moving away from quarterly benchmarks?

By Andrew Topf —- Metallurgical coal miners could be exposed to more pricing volatility if a move afoot to do away with quarterly pricing comes to anything. Coking coal, the kind used in steelmaking, is currently set at quarterly benchmarks between Australian mining...
Posted On 05 Jun 2017

Cabinet okays investor for platinum project

CABINET has approved Luxembourg registered Eurasia Resources Group’s takeover of Todal Mining, as it seeks to facilitate development of its Bokai concession into a producing mine, despite concerns that the original lease holders sold the claims in a speculative deal on the London...
Posted On 22 May 2017

Zimplats moves for greater engagement with local manufacturers

HARARE – The country’s largest platinum producer, Zimbabwe Platinum Holdings (Zimplats), says it has begun engagements with the manufacturing sector to help resuscitate ailing local firms.
Posted On 19 May 2017