AngloGold’s $2.5bn takeover of Centamin approved by Egypt

There are still conditions to fulfill before closing the deal that would make AngloGold the world’s fourth largest gold producer.

Cecilia Jamasmie | October 15, 2024 | 9:25 am

Central bankers make rare comments in favor of bigger gold stash

Reserve managers from the central banks of Mexico, Mongolia and Czech Republic on Monday sang the praises of bigger holdings.

Bloomberg News | October 15, 2024 | 7:50 am

Critical Metals licence for Greenland rare earths deposit extended

Critical's majority-owned Tanbreez project in Greenland, is considered the world’s largest rare earth deposit.

Staff Writer | October 15, 2024 | 5:12 am

Gecamines announces first germanium exports to Europe

The concentrates, made in a new plant in the mining hub of Lubumbashi, will be shipped to Umicore in Belgium for further processing.

Reuters | October 14, 2024 | 12:29 pm

Israeli mining magnate Steinmetz awaits Greek court ruling on arrest warrant

Beny Steinmetz has been freed from custody in Greece but banned from travelling outside the country.

Reuters | October 14, 2024 | 11:26 am

Aluminum squeeze unravels on LME, easing pressure on sellers

For months, the October aluminum contract has been a focal point for traders due to its steep premium to later-dated futures.

Bloomberg News | October 14, 2024 | 9:24 am

Sibanye-Stillwater faces $522 million compensation claim over scrapped mine deal

The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines.

Cecilia Jamasmie | October 14, 2024 | 3:28 am

Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.

Frik Els | October 14, 2024 | 3:10 am

Inside China’s bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.

Reuters | October 14, 2024 | 12:25 am

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