10+ mon, 5+ day ago   (516+ words) A MINE can take at least a decade to build. One rule of thumb is that a mineral deposit discovered during the exuberance of one commodity cycle is not converted into metal until the optimism of the next. There are…...

2+ mon, 1+ week ago   (816+ words) SOUTH32 is waiting for firm proposals from minority shareholders in Mozal Aluminium before progressing recently hatched plans to sell the 370,000 ton a year Mozambique smelter. South32, which has a 63.7% stake in Mozal, placed the facility on care and maintenance in March after…...

7+ mon, 1+ day ago   (506+ words) SOUTH32 confirmed its Mozambique aluminium smelter Mozal will be put on care and maintenance next month amid last minute efforts by local authorities to deliver a price for electricity that would keep the facility operating. Mozambique’s mineral resources and energy minister…...

6+ mon, 2+ week ago   (287+ words) SOUTH Africa’s Valterra Platinum is owed $100m in unpaid export proceeds by Zimbabwe’s government even as Harare has begun making partial payments to clear the arrears, said Reuters on Wednesday. Zimbabwe requires exporters to convert 30% of their foreign currency proceeds into…...

11+ mon, 4+ day ago   (430+ words) MINERALS Council SA president Paul Dunne warned that industry and Government discussions over the proposed minerals legislation should not result in “inappropriate policy responses to mis-diagnosed problems”. Speaking at the Joburg Indaba conference on Wednesday, Dunne called for rational decisions…...

7+ mon, 2+ day ago   (333+ words) SOUTH32 does not see a way back for its Mozal aluminium smelter which is expected to close in March, sources familiar with the company’s thinking say. This is despite reports the facility’s energy suppliers in Mozambique and South Africa are hoping…...

11+ mon, 1+ week ago   (396+ words) TECHMET’S growth in critical minerals production, processing and marketing is likely to get “bigger and quicker” with the backing of the Trump administration, says TechMet founder and CEO Brian Menell. That’s a positive for South Africa because Menell, the grandson…...

9+ mon, 4+ week ago   (612+ words) ENDEAVOUR Mining said it was committed to West Africa despite signing a joint venture to look for gold in Kazakhstan, and mining code uncertainty in the region. The JV with East Star Resources, a London-listed exploration firm, will see Endeavour…...

5+ mon, 3+ week ago   (719+ words) THE impending liquidation of Ekapa Mining following a deadly mudslide last month brings the curtain down on roughly 150 years of diamond mining in Kimberley, where the junior miner was based. As a historic footnote in Kimberley’s decline, the closure of…...