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ASX-listed Perseus Mining has posted a 26% increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $352-million for the six months ended December 31, 2024. This...
Following a preliminary independent technical evaluation of a potential copper exploration and development project, in Namibia, London-listed Unicorn Mineral Resources’ management team and...
Technology group Heraeus has described gold’s price performance over the last 18 months as “remarkable”, noting that, as the price nears $3 000/oz, signs of “excess frothiness are becoming...
South African petrochemical firm Sasol on Monday skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol's headline...
Operations at JSE-listed Anglo American Platinum's (Amplats’) Amandelbult complex in Limpopo, except for the Tumela mine, have restarted following heavy rains and widespread flooding in the region....
London-listed Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13...
Botswana-focused diamond miner Lucara Diamond Corp has reported a record-breaking 2024, highlighted by the recovery of two exceptional stones – the 2 488 ct ‘Motswedi’ diamond and the 1 094 ct...
Toronto-listed Orezone Gold has announced its intention to fast track the expansion of its Bomboré mine, in Burkina Faso, while enhancing its capital markets presence through a planned listing on...
After taking the shock decision to ramp up loadshedding to Stage 6 in the early hours of Sunday February 23 - having declared Stage 3 on Saturday - Eskom is aiming to bring a halt to rotational...
London-listed rare earths miner Pensana chairperson Paul Atherley says mining can be both environmentally sustainable and socially developmental. He tells British radio station BBC Radio 4 that...
ASX-listed West African Resources expects this year to be a transformative year for the company, with its new Kiaka mining centre due to start production. The company expects to produce between...
Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the...
South Africa- and UK-listed Marula Mining has advised it will host a site visit at its Kinusi copper mine, in Tanzania, to show a European commodity trading group its high-grade copper concentrate...
Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having...
Mining Weekly Editor Martin Creamer unpacks DRDGold dividends no longer being just a policy but a value; Anglo American Platinum becoming an independent fit-for-purpose PGM company; and the new...
Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex...
Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively...
Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million...
Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the...
ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,...
ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala...
TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is...
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto...
Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko...
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...
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