Court orders sheriff to seize Kego Mining’s assets over R51m debt
The junior miner has until 8 May to explain why the order should not be made final.
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Nersa approves interim tariff discount for Glencore-Merafe and Samancor smelters
How it will be funded is still unclear.
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commodities | Economy | Federal Reserve | gold | John Reade | Mineweb
Gold, silver stumble after their best year since the 1970s
The surprise of the year ‘was how safe-haven metals turned into momentum trades’.
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china | electricity | Emalahleni | Eskom | Industry | Mineweb
SA’s last manganese smelter warns 600 jobs at risk
Claims that it cannot compete with international smelters whose electricity costs are roughly half of its own.
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Copper rally boosts Zambia’s kwacha
As Africa gains from commodities.
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Anglo American | Australian miner | BHP | china | Fast News | Mineweb
China’s Jiangxi to buy copper miner SolGold in $1bn deal
Many in the industry are forecasting a shortage of the metal as the global economy electrifies, leading to a series of approaches among big miners, including a failed bid by BHP for Anglo American Plc.
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Australia set for desalination boom as water shortages loom
Oxford Economics reckons that over the next 10 years, demand for drinkable water will increase by more than 10% in some areas.
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Donald Trump | gold | gold price | Manav Modi | Mineweb | Nigeria
Gold, platinum and silver smash records again
Spot gold rose as much as 1.2% to a peak above $4 530 an ounce, while platinum traded above $2 400 an ounce for the first time.
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bullion | Donald Trump | gold | gold mining | gold price | Mineweb
Gold’s historic rally above $4500
While it pulled back in afternoon trade, it is still a record year for bullion.
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Platinum soars to all-time high
The recent surge has come as the London market shows signs of tightening, with banks parking metal in the US to insure against the risk of tariffs.