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Africa|Coal|Energy|Mining|Resources
Africa|Coal|Energy|Mining|Resources
africa|coal|energy|mining|resources

Resources Watch

Resources Watch

21st August 2024

     

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

 

This week:

Africa delivers ‘usual reliable performance’ with steady output, lower costs

Merafe reports R720m half-year profit on higher chrome ore prices, weaker currency

And, Exxaro expecting interest rates to begin to lower during the remainder of this year

 

Africa delivers ‘usual reliable performance’ with steady output, lower costs

The Africa region delivered its “usual reliable performance” with steady production and well contained costs.

Barrick CEO Dr Mark Bristow...

 

Merafe reports R720m half-year profit on higher chrome ore prices, weaker currency

Merafe has reported a profit of R720-million for the six months ended June 30, on higher realised chrome ore prices and a weaker rand:dollar exchange rate.

Merafe CEO Zanele Matlala...

 

Exxaro expecting interest rates to begin to lower during the remainder of this year

Coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start lowering official or policy interest rates during the remainder of this year.

Exxaro CEO Dr Nombasa Tsengwa...

 

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

 

Edited by Creamer Media Reporter

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