Energy regulator approves power cost relief for ferrochrome makers

Energy regulator approves power cost relief for ferrochrome makers

South Africa's energy regulator on Thursday approved an application by Eskom to reduce electricity tariffs by 35% for two distressed ferrochrome operations battling high power costs.
Energy Regulator grants 87c/kWh tariff relief to ferrochrome smelters

Energy Regulator grants 87c/kWh tariff relief to ferrochrome smelters

The Electricity Regulator has approved an application by Eskom to extend temporary tariff relief to ferrochrome producers Samancor Chrome and the Glencore-Merafe Chrome Venture for a period of 12 months.
Foreign direct investment providing quantum progress

Foreign direct investment providing quantum progress

The mineral reserves of South Africa hold enormous potential for the country’s future economic growth, newly appointed MC Mining MD and CEO Christine (Yi) He emphasises in an Op-Ed released on Wednesday, December 17.
White House plans more ‘historic deals’ with mining sector

White House plans more ‘historic deals’ with mining sector

The Trump administration plans more "historic deals" with the US mining sector to boost production of critical minerals for the national defense and high-tech sectors, a senior official said on Monday.
Teck clears court hurdle in Anglo American merger process

Teck clears court hurdle in Anglo American merger process

Canadian miner Teck Resources has secured final court approval for its proposed merger of equals with Anglo American.
Shareholder approvals clear path for Anglo-Teck merger’s regulatory test

Shareholder approvals clear path for Anglo-Teck merger’s regulatory test

Anglo American and Teck Resources have secured overwhelming shareholder backing for their proposed merger of equals, clearing a key milestone and shifting the focus to the global regulatory approvals required to establish Anglo Teck – a Canada-headquartered critical minerals major and one of the world’s top copper producers.
Australia’s mining competitiveness at risk from excessive regulation

Australia’s mining competitiveness at risk from excessive regulation

Mining tycoon Gina Rinehart said on Wednesday the burden of excessive regulation on the Australian mining industry had put its global competitiveness at risk.
Thungela to respond to legal action over alleged shareholder rights breaches

Thungela to respond to legal action over alleged shareholder rights breaches

Thungela Resources – Just Share, Aeon Investment Management and Fossil Free South Africa – have instituted litigation in the Gauteng High Court seeking an order that the company has breached shareholder rights and its legal obligations by refusing to circulate and table shareholder-proposed resolutions.
CreditSights analysts surprised by BHP’s lack of fight for Anglo

CreditSights analysts surprised by BHP’s lack of fight for Anglo

Analysts at CreditSights say they are “surprised” by the speed at which BHP abandoned its latest approach for Anglo American, arguing that the miner’s quick retreat signals either limited appetite for a contentious takeover battle or an acknowledgement that Anglo’s board remains firmly opposed to the structure of any deal.
South Africa judges G20 summit a triumph of multilateralism despite US no-show

South Africa judges G20 summit a triumph of multilateralism despite US no-show

South Africa's President Cyril Ramaphosa said on Sunday that the declaration from this weekend's Group of 20 summit reflected a "renewed commitment to multilateral cooperation", concluding a meeting that pitted him against his US counterpart.