Mining Weekly covers real-time news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals.
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Copper 360 on home straight to produce quite a bit of cash, CEO reports

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom interview with the head of the only pure copper play listed on the Johannesburg Stock Exchange (JSE).

Thu Jun 13, 2024 17:09
Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after Indonesia slowed production permits. "Our belief is that we've seen the bottom, we've seen the supply adjustments, we see the uncertainty in future supply,...

Thu Jun 13, 2024 17:09
MRG enters into JV with Sinowin to develop mineral sands projects in Mozambique

ASX-listed MRG Metals has entered into a binding joint venture (JV) agreement with Chinese mineral investment companies Sinowin Lithium and Sinowin Lithium Cobalt (SLC) to develop its Mozambique Corridor Sands projects, including Corridor Central and Corridor South, as well as other heavy mineral sands (HMS) projects in Mozambique. Under the terms of...

Thu Jun 13, 2024 17:09
Bezant marks progress at Namibia project

Aim-listed Bezant Resources has completed the chain of contractor services that will make up the Hope and Gorob mining operation, chairperson Colid Bird outlines in an update on the copper/gold project in Namibia. Letters of preparedness have been received from the main contractors responsible for future mining, processing plant construction and concentrate...

Thu Jun 13, 2024 17:09
Demand for Krugerrands up as consumers diversify

Financial institution First National Bank (FNB) says it has seen strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify their investment portfolios. Over the past year, FNB assisted with facilitating the delivery of over 2 200 Krugerrands on its trading platforms.

Thu Jun 13, 2024 13:01
South32’s Samancor Manganese to sell Metalloys smelter to South African company

South32 subsidiary Samancor Manganese has entered into a binding agreement for the sale of the Metalloys manganese alloy smelter, in Gauteng, to Khwelamet, an entity jointly owned by Menar and Ntiso Investing Holdings. Completion of the transaction is subject to certain conditions, including competition approval and regulatory approvals, which are expected...

Thu Jun 13, 2024 13:01

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