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Rusal sanctions seen risk to Kazakh coal venture – Samruk Energy

24th April 2018 The Bogatyr Komir coal mining joint venture between Kazakhstan's state-run Samruk Energy and Rusal could face risks linked to US sanctions against the Russian aluminium producer, Samruk said on Tuesday. Bogatyr Komir produces 41-million tonnes of coal a year, which it sells in Kazakhstan and... 

After 2017 consolidation, mining to pre-empt future metals demand – EY

20th February 2018 With stronger balance sheets across the mining and metals sector, miners are increasingly returning to an investment-led strategy, which is driving a renewed focus on building portfolios that deliver sustainable shareholder returns, says multinational consultancy Ernst & Young (EY). The focus... 

Steel tycoon considers bid for Rio Tinto's Dunkirk aluminum smelter - sources

14th December 2017 Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters. The Dunkirk plant, which the... 

Rainbow ships first rare earths from Burundi mine

5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 
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ISAF Ithubalethu launches IPO for student accommodation

Inkunzi Student Accommodation Fund (ISAF) Ithubalethu is aiming to counter the shortage of affordable student accommodation, while enabling access to the property market for the general public, and delivering returns to investors, ISAF Ithubalethu CEO Owen Nkomo outlined on Monday, during a... 

Armscor grants CEO special leave to prepare for State capture inquiry

Armaments Corporation of South Africa (Armscor) CEO Kevin Wakeford has requested special leave, after his name was mentioned during testimony before the Zondo Commission Inquiry into State Capture last week. IOL News reported on Sunday that Bosasa’s former COO Angelo Agrizzi last week told the... 
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