In the three months to September 30, the free cash flow of AngloGold Ashanti rose 141% year-on-year to a record $920-million as continued cost discipline helped to capture the benefits of a higher gold price. A quarterly dividend of $460-million...
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Canada's Barrick Mining interim CEO Mark Hill says the company’s greatest opportunity lies in North America, as a company-wide operational review nears its halfway mark. Hill, who stepped into the...
Toronto- and New York-listed i-80 Gold has released a mineral resource update for its FAD project in north-eastern Nevada, confirming significant high-grade gold, silver, lead and zinc...
Canadian critical minerals developer Fortune Minerals has secured a C$3.8-million loan from Prosper NWT, a public agency of the government of the Northwest Territories, to complete the purchase of...
Diversified miner BHP has been ordered to compensate 85 coal mine workers employed by its Operations Services labour hire arm for requiring them to work Christmas and Boxing Day without providing a...
Canadian polymetallic developer BMC Minerals has lodged a prospectus with the Australian Securities and Investments Commission for an initial public offering (IPO) to raise A$100-million, paving...
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Brazilian miner Vale is preparing to meet rising iron ore demand from India, which could double its steel production by the end of the decade, CEO Gustavo Pimenta told Reuters. Rising sales to...
Australia's Ionic Rare Earths (IonicRE) has signed a memorandum of understanding (MoU) with Missouri-based US Strategic Metals (USSM) to establish a vertically integrated rare earth magnet...
The strong gold price, which increased by 40% to average $3 434/oz, combined with higher production, resulted in a 52% increase in revenue and a significant uplift in free cash flow for...
ASX-listed West Wits Mining has issued 100.39-million unlisted options to Absa Bank – acting through its Corporate and Investment Banking division – to settle fees of R7.66-million payable to Absa...
London-listed Switch Metals has signed a memorandum of understanding (MoU) with financial services company Xcelsior Capital Advisors. Xcelsior provides financing to producers of critical metals and...
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Chemicals and mining explosives company AECI unveiled trinitrotoluene- (TNT-) and pentaerythritol tetranitrate- (PETN-) free booster technology at the European Federation of Explosives conference,...
ASX-listed Core Lithium has delivered an upgraded ore reserve and optimised mine plan for the Grants deposit at its 100%-owned Finniss lithium project in the Northern Territory, reducing...
Iron-ore pellet producer Ferrexpo has temporarily suspended production and exports from its Ukrainian operations after missile attacks on the country’s power infrastructure disrupted electricity...
JSE-listed African Rainbow Minerals (ARM) has advised shareholders that there are ongoing discussions among the directors of mining company Assmang, who have been appointed by ARM and Assore South...
Premiums for consumers buying aluminium on the physical market in the US have hit record highs, driven by steep import tariffs and tight supplies globally. President Donald Trump doubled tariffs...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
A total of 57 runners from 18 countries, including South Africa, completed the world’s deepest marathon last month. Held 1 120 m below sea level in Boliden’s Garpenberg zinc mine in Sweden, runners...
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South Africa is taking steps to build infrastructure projects that have the potential to grow our economy, provided their implementation is accompanied by integrity, accountability, and strategy....
Given the many moving parts in play currently within the electricity industry, there is a real risk of becoming distracted from what is truly important. Developments over the past few months alone...
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This week we profile Wojciech Kulma, MD of BASF South Africa, which manufactures and sells chemical products
The world economy is on a roller-coaster ride that includes sharp and unpredictable tariff twists, gut-dropping geopolitical dips and violent turns. Yet the stock markets have floated above the...
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