The share price of nickel miner Panoramic Resources tumbled by more than 30% on Wednesday, after the company announced that its Savannah operation, in Western Australia, would be placed on care and maintenance.
Mining, earthmoving and plant hire specialist Close-Up Mining is currently contracted by mining heavy weights Anglo Coal and Glencore, as well as various midtier and junior miners in Mpumalanga.
Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold.
The Competition Tribunal has approved a request by South African industrial and base metals producer Zimco Group to lift certain conditions imposed by the Competition Commission in 2014, when it approved the merger of Zimco and lead anodes producer Atlantis Me...
ICBC Standard Bank has appointed Mark Thompson, a former executive at trading house Trafigure’s asset management business, head of its global base metals trading.