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Unhedged gold mining company West African Resources has lifted its net profit after tax for the six months ended June 30 by 133% year-on-year to A$214.63-million, on the back of a 39% year-on-year...
JSE-listed Harmony Gold Mining Company expects to report a 64% to 81% year-on-year increase in earnings per share (EPS) to between $1.20 and $1.32, or an increase of between 57% and 77% in EPS in...
Following the seismic activity that occurred at the Kakula copper mine, in the Democratic Republic of Congo, in May, Kamoa-Kakula’s engineering team implemented a three-stage plan to dewater the...
Sasol CEO Simon Baloyi has confirmed that the JSE-listed group has applied to the National Energy Regulator of South Africa (Nersa) for an electricity trading licence, and is also planning to take...
Energy and chemicals group Sasol reports that construction of its coal destoning plant has been completed and that the facility, which should be ramped up to full production by December, is...
Iron-ore futures touched a one-week high on Monday as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of a potential delay in production start at...
Mining companies have often needed to navigate disordered markets; however, unprecedented pressure is currently being imposed by export restrictions, resource nationalism, fragmented supply chains,...
South African petrochemical firm Sasol said on Monday it swung to an annual profit on the back of higher chemicals prices, tighter cost controls and lower asset writedowns. The company, which...
ASX-listed exploration company Zeus Resources is on an accelerated path to project identification and acquisitions in Morocco, announcing on Monday that it has executed a five-year licence...
Another agreement involving collaboration between the public sector and the private sector in the field of rail transport service has been signed, this time between the Johannesburg Stock...
Diversified miner Rio Tinto Group suspended operations at its giant Simandou iron-ore project in Guinea after a contractor employee died in a workplace accident on Friday. “All activity at the...
While the Marikana Renewal Programme has made some progress in addressing the impacts of the Marikana massacre, there is still more work to be done, with some issues outstanding, families still...
In The Hague Summit Declaration, issued on June 25, the North Atlantic Treaty Organisation (Nato) Heads of State and Government committed to spending 5% of GDP yearly on defence requirements by...
ASX-listed Resolute Mining has maintained its full-year production guidance, despite reporting a 9.3% year-on-year decrease in output to 151 460 oz for the six months ended June 30, as lower...
There’s a wonderful gold-price tailwind behind all gold companies at the moment but it’s the self-generation of solar electricity that served as the key catalyst of change for Ergo. Following the...
London-listed Blencowe Resources has completed all major infrastructure workstreams within the definitive feasibility study (DFS) for its Orom-Cross project, in Uganda, alongside the recent...
Transport Minister Barbara Creecy has announced that 11 of the 25 private train operating companies (TOCs) that applied to operate routes on Transnet’s rail network have met the requirements to do...
Globally diversified gold miner Gold Fields has declared a dividend of R7 a share for the six months ended June 30, compared with the dividend of R3 a share declared for the first half of the 2024...
Botswana's President Duma Boko announced on Thursday an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12-billion...
The Seriti Power Community Trust has invested R19-million in early childhood development (ECD) infrastructure across Mpumalanga and the Free State. Currently, 543 learners are enrolled and...
Banhu Zhang has been appointed CEO and executive director of JSE-listed Wesizwe Platinum, with effect from August 21. Moreover, Daqiang Pang, Yulong Tian and Kaiyu Kang have been appointed...
Mining Weekly Editor Martin Creamer unpacks DRDGOLD's R7.8-billion investment in its Big Five capital growth projects; Exxaro's spend of R5.2-billion on a coal mine expansion and R4.7-billion on a...
The National Union of Mineworkers (NUM) is concerned about potential retrenchments having been announced by diversified miner Glencore and Samancor at their South African ferrochrome operations....
Johannesburg Stock Exchange-listed Exxaro Resources will be spending R5.2-billion on a life-of-mine expansion project at its Matla colliery and R4.7-billion on the development of the 140 MW...
South Africa is set to open its first new underground gold mine in 15 years – an increasingly rare event for a country that was once the world’s largest producer of the precious metal. West Wits...
Diamond mining major De Beers says it has made meaningful progress in areas such as emission reduction, safety and conservation, while advancing work on diamond provenance and traceability. In its...
London-listed Premier African Minerals has announced a subscription to raise £1.38-million, before expenses, for its Zulu lithium and tantalum project, in Zimbabwe. The company’s principal priority...
London-listed Andrada Mining has completed construction of the second processing, or jig, plant at its flagship Uis mine, in Namibia, on time and within budget. Commissioning of the jig plant will...
ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the...
Perth-based gold miner Regis Resources has dismissed speculation over a possible acquisition of its joint venture (JV) partner AngloGold Ashanti’s 70% stake in the Tropicana gold mine, saying it is...
Johannesburg- and New York-listed DRDGOLD on Wednesday outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on...
ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year...
Seriti Resources and Nafasi Water Technologies have launched a project to finance, build and operate a water treatment project at the Arnot Closed Colliery near Middelburg, Mpumalanga. The project,...
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