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With the 1P1P fast tracking, the province hopes construction can start on Crawford by the end of the year.
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News
Tharisa raises nearly $300 million for Zimbabwe platinum project
1+ day, 20+ hour ago (342+ words) Tharisa Plc (JSE: THA) said on Friday it had raised $294 million through a Nordic bond issue mainly to complete the construction of its Karo platinum mine in Zimbabwe, which is expected to start production in the final quarter of 2027. Tharisa…...
Op-Ed: Chile’s copper sector faces a growing power problem
3+ day, 20+ hour ago (814+ words) Chile’s copper mines are using substantially more electricity for each tonne of metal they produce as declining ore grades increase the physical demands of mining, a trend that could intensify pressure on the country’s power system as the industry electrifies....
Sibanye weighs cuts at ageing platinum shaft, over 1,000 jobs at risk
4+ day, 19+ hour ago (374+ words) Sibanye-Stillwater (JSE: SSW) said on Tuesday it plans to restructure the Kwezi shaft at its South African platinum group metal (PGM) operations to stem losses, a move that could impact 1,114 jobs. The diversified miner said in a statement that the…...
Glencore was Radiant World’s ‘senior partner,’ executive says
1+ week, 1+ day ago (1087+ words) The relationship between Glencore Plc and the network of companies linked to Radiant World was one of “senior partner-junior partner,” a top executive at one of the firms alleged in an interview with Bloomberg. Rakesh Sethi, who is chairman of…...
BHP commercial chief exits amid China iron ore strain
1+ week, 3+ day ago (494+ words) BHP (ASX: BHP) chief commercial officer Rag Udd will leave the world’s largest miner at the end of January, opening a key leadership vacancy as China intensifies pressure for better terms on iron ore purchases. Udd, who is based in…...
Copper price stalls short of record as Chile's storm-hit output slumps to 2011 low
1+ week, 4+ day ago (744+ words) Copper slipped in New York on Tuesday, giving back an advance in London, as a global bond selloff and a firmer dollar cut into a rally that has carried the metal to within touching distance of record highs. Comex copper…...
Military Metals names former Glencore executive as chairman
1+ week, 5+ day ago (142+ words) Thomas Hüser. Image: Linkedin Military Metals announced that former Glencore executive Thomas Hüser will assume the role of executive chairman of the company to support chief executive Scott Eldridge. In connection with his transition to this executive position, Hüser will…...
Glencore stands between Anglo-Teck and $1.4B copper prize
1+ week, 5+ day ago (772+ words) Glencore (LON: GLEN) could complicate Anglo American’s efforts to capture the biggest gains from its $53-billion merger with Teck (TSX: TECK.A TECK.B, NYSE: TECK) as the miners negotiate how to combine neighbouring copper operations in Chile. Anglo and…...
Glencore took $480 million provision on Radiant World exposure
1+ week, 6+ day ago (303+ words) Glencore Plc took a provision of about $480 million on its exposure to Radiant World, the iron ore trader that is under pressure amid concerns it provided falsified documents to banks, according to people familiar with the matter. The provision effectively…...
Michael Oliver says miners could outperform gold as bond market risks mount
2+ week, 4+ day ago (89+ words) August 25, 2026 | 07:26 am CRU now calls its forecast 639kt surplus "at best balanced", while Southern Copper's mad surge leaves Wall Street price targets more than 20% behind. The suspension comes a week after the company said the executive would continue to work as…...