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The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch...
Chester Goodburn will step down as Zimbabwe-focused gold miner Caledonia Mining Corporation's CFO on March 24 and will be succeeded by Ross Jerrard. Jerrard, aged 50, brings extensive experience in...
JSE-listed Salungano Group, which owns coal mining operations in South Africa, has announced the resignation of CFO and executive director Kabelo Maroga, with effect from February 18. Acting CFO of...
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with...
JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the...
Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings...
Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind...
Operationally, 2024 was a strong year for Glencore, CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets...
Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would...
South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend...
In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed...
Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both...
ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key...
Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical...
London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect. The company says in a statement that it reserves its right to continue its investigations into all...
An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced....
Materials handling and mining equipment company Metso has been awarded an order to provide repairs and upgrades for a bucket-wheel stacker reclaimer at a customer’s stockyard operations in Africa....
TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3...
Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The...
French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production...
A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export...
Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the...
Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total...
TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap...
Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing...
Manganese producer and exporter Manganese Metal Company (MMC) has awarded crystallisation and evaporation plant and systems provider JordProxa Africa a contract to supply it with a crystalliser...
Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the...
JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The...
World leader in the design, development and production of synthetic diamond advanced material solutions Element Six, part of the De Beers Group, and global leader in drilling technology solutions...
This week: Barrick signs MoU with Zambia to boost mining and exploration and, Pan African says it can operate and grow in South Africa ‘very successfully’
Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes...
Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people...
Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted...
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