Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to provide about R200-million in concessional financing to support Bingelela Alloys’ continued production of rim alloys in Richards Bay, KwaZulu-Natal. Hillside Aluminium supplies Bingelela Alloys with liquid aluminium which is manufactured into a rim alloy product at its semi-fabrication facility at the former Bayside Casthouse, supporting local jobs.
Bristow’s exit sparks speculation of asset sales and potential breakup, as analysts ponder future moves for Barrick.
St-Georges Eco-Mining (CSE:SX) has identified new high-priority targets for the next phase of exploration at the Julie Nickel-Copper-Cobalt-Platinum Group Elements Project in Canada, after conducting a surface prospecting program. Detailed mapping, additional channel sampling, and a geophysical interpretation integrated the new showings to refine drill targets will be undertaken for the next exploration phase. The […]
GM and a partner paused the second phase of a cathode factory, leading to Vale's cancellation of a nickel sulphate project.
The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard at the Precious Metals Summit
Copper CEO Katie Jackson said rising US interest in the copper supply chain may lead to approval for the stalled mine.