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Valterra's Amandelbult Tumela mine.
Valterra's Amandelbult Tumela mine.
Valterra Platinum’s market cap of soars to R450bn, final R11.5bn dividend declared
Updated 1 hour 26 minutes ago By: Martin Creamer

The market capitalisation of South Africa’s Valterra Platinum has soared to R450-billion from R300-billion at year-end and a gross final 2025 dividend of R11.5-billion has been declared. Earnings before interest, taxes, depreciation and... 


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Resources Watch
24th February 2026
Magazine round up | 20 February 2026
Magazine round up | 20 February 2026
20th February 2026

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Latest News

Barrick announces new appointments
Updated 1 hour 33 minutes ago By: Creamer Media Reporter

Toronto-listed Barrick Mining has announced the appointments of James J. McGuire as chief legal and policy officer and Woo Lee as chief global affairs officer. Both executives will report to... 


Denison takes FID on Phoenix uranium mine, construction to start in March
Denison takes FID on Phoenix uranium mine, construction to start in March
Updated 2 hours 16 minutes ago By: Mariaan Webb

Canadian miner Denison Mines has taken a final investment decision (FID) to proceed with construction of the C$600-million Phoenix in-situ recovery (ISR) uranium mine, with site preparation and... 


Newmont to invest $800m in Argentina's Cerro Negro
Updated 2 hours 25 minutes ago By: Reuters

Gold producer Newmont will invest approximately $800-million in Argentina's Cerro Negro mine, the country's Economy Minister, Luis Caputo, said on Tuesday. The investment will be used to restart... 


Kalgoorlie rare earth processing facility
Niche Australian metals miner Lynas has grown bigger than Qantas
Updated 2 hours 29 minutes ago By: Bloomberg

Lynas Rare Earths has overtaken Australian blue-chip stalwart Qantas Airways by market capitalisation, as concerns about China’s dominance of critical minerals lift the miner’s stock. Both... 


LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
Updated 2 hours 33 minutes ago By: Reuters

outh Korea's LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419-million, in Australian lithium producer Liontown in a block trade, according to a term sheet. The South... 


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Fortescue half-year profit jumps on record shipments
Fortescue half-year profit jumps on record shipments
Updated 3 hours ago By: Mariaan Webb

Australia's Fortescue reported a 23% rise in first-half profit on Wednesday, powered by record iron-ore shipments and higher realised prices for the commodity. Iron-ore shipments in the first half... 


Future Metals progresses Savannah study for ore processing
Future Metals progresses Savannah study for ore processing
24th February 2026 By: Mariaan Webb

ASX-listed Future Metals has started a detailed engineering assessment of the Savannah processing plant as part of a revised strategy to develop its Panton platinum group metals (PGM) project in... 


Catalina sells Tasmania iron-ore project, raises capital at premium
24th February 2026 By: Creamer Media Reporter

ASX-listed Catalina Resources has agreed to divest its Nelson Bay River (NRB) iron-ore project in Tasmania and secured additional equity funding, moves it says will simplify its asset base and... 


The Gamsberg mine
Aveng narrows basic interim loss to A$1.5m
24th February 2026 By: Marleny Arnoldi

Infrastructure and contract mining group Aveng has reported higher gross earnings of A$69.4-million for the six months ended December 31, compared with the prior half-year's gross earnings of... 


Altona applies to trade on OCTCQB Market
24th February 2026 By: Sabrina Jardim

London-Listed Altona Rare Earths has announced that it has applied for its ordinary shares to be admitted to trading on the OTCQB Venture Market in the US. The company, in a statement to... 


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Sylvania CEO Jaco Prinsloo
Sylvania posts healthy financials on the back of higher production, prices
24th February 2026 By: Sabrina Jardim

Aim-listed Sylvania Platinum has reported a 110% year-on-year increase in its net revenue for the six months ended December 31, to $99.8-million, owing to a 25% year-on-year increase in platinum,... 


Resources Watch
Resources Watch
24th February 2026

This week: DRDGOLD capitalises on gold price despite lower production and, With BHP Xplor, Orion’s looking to longer-term South Africa exploration potential 


Redmont promoted to COO at Emerald Resources
24th February 2026 By: Creamer Media Reporter

Gold exploration company Emerald Resources has appointed Josh Redmond as COO with immediate effect. Redmond will oversee operational performance across the group’s portfolio, including the planned... 


True North Copper awarded Qld grant to assess Mt Oxide legacy materials
24th February 2026 By: Creamer Media Reporter

ASX-listed True North Copper has been awarded A$400 000 under the Queensland government’s Collaborative Development Programme (CDP) to assess legacy mine waste streams at its Mt Oxide project. The... 


US President Donald Trump
New US tariffs come in at lower 10% rate
24th February 2026 By: Reuters

The US imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by US Customs and Border Protection said, the rate initially announced by President... 


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Magazine

Magazine round up | 20 February 2026
Magazine round up | 20 February 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

BILATERAL TRADE: South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market for more South African products and facilitating Chinese investment into South Africa. The China-Africa Economic Partnership Agreement was signed in Beijing, China, on February 6 by South Africa’s Trade, Industry and Competition Minister Parks Tau and his counterpart from the People’s Republic of China, Minister Wang Wentao.
BILATERAL TRADE

South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market to more South African products and facilitating Chinese... 

Photo of Martin Creamer
Eskom’s concerning powerline zig-zag must be quickly reversed

Eskom and the Electricity Ministry should be advised by the Cabinet to sit at the knee of their national transport cousin Transnet to learn just how positive public-private collaboration can be for... 

Photo of Terence Creamer
Moral hazard

There is currently a marked difference between how Eskom and Transnet are being assessed against their respective reform milestones. While the State electricity producer is being adjudged,... 

Business Leader

Nicolaas Jonker, CEO of Jonker Kontrakteur
Nicolaas Jonker

This week we profile Nicolaas Jonker, CEO of Jonker Kontrakteurs, a multidisciplinary civil construction and mining-services company specialising in underground safety innovation, patented... 

TRANSMISSION TUSSLE: Organised business won a major victory when President Cyril Ramaphosa intervened to roll back an Eskom unbundling plan approved by the Department of Electricity and Energy in December. In his State of the Nation Address, he said the new State-owned Transmission System Operator must own the grid assets, which Eskom wanted retained by a subsidiary, and set a three-month deadline for coming up with a solution.
AT ODDS:

Organised business has expressed strong reservations about an Eskom unbundling plan approved by the Department of Electricity and Energy in December. It contends that the decision not to transfer... 

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