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Fourmile is rapidly competing to be the largest and highest-grade gold discovery in the industry this century, Barrick CEO Dr Mark Bristow enthused during the quarterly presentation of the New...
The global demand for ferrochrome, which South Africa once provided overwhelmingly to the world to back 200 000 local jobs, was higher in the six months to June 30, the period in which this...
Africa received a strong thumbs up during the second-quarter presentation of Barrick as one of its “main cash generators”. “We saw solid performance across the portfolio,” Barrick CEO Dr Mark...
The world’s largest and India’s only integrated zinc producer Hindustan Zinc has joined mining and metals advocacy group ICMM as its twenty-fifth company member. In line with the ICMM’s member...
One of China’s biggest copper fabricators is set to reap a windfall from President Donald Trump’s efforts to boost US production of the metal. Zhejiang Hailiang Co., a major manufacturer of copper...
US President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up...
The South African ferrochrome and chrome ore sectors are at a crucial juncture, the Johannesburg Stock Exchange-listed Merafe Resources reported on Tuesday, August 12. Sustained pressure from the...
The high ferrous content of Kumba Iron Ore, which is produced in South Africa’s Northern Cape, is helping to lessen carbon dioxide (CO2) emission at a time when this is the global pursuit of...
Iron-ore futures rose on Monday, supported by strong restocking demand from steel mills in China amid healthy profit margins and low inventories, although expectations of production cuts in...
An industry consortium comprising some of the world’s biggest steelmakers and other value chain players has joined forces to assess the development of carbon capture, utilisation and storage (CCUS)...
Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its licence expired, sparking a surge in lithium futures and miners'...
“We’re working with government, looking at possible solutions,” Glencore Alloys CEO Japie Fullard tells Mining Weekly amid Glencore reporting this week that not one of its ferrochrome smelters is...
Indian billionaire Gautam Adani's group will build and operate a $3-billion coal-fired power plant in Bihar state with a 2.4 GW capacity, it said on Thursday, the biggest coal plant constructed in...
China's July coal imports fell 23% from a year earlier to 35.61-million metric tons, General Administration of Customs data showed on Thursday, as ample domestic supply curbed demand. While...
The minute that Eskom gives Khwelamet an economically feasible power price, the refurbishing of two of the four furnaces at the dormant former Metalloys plant in Meyerton will begin and take six to...
During the first half of this year, diversified mining and marketing group Glencore continued to optimise the business and position it for further value accretive growth, CEO Gary Nagle reported on...
A years-long supply crunch in platinum has come to a head, with banks scrambling for dwindling stocks in London as buyers in China and the US hoover up much of the available metal. The market...
ASX-listed Besra Gold’s newly elected board of directors has completed a visit to the company’s Bau gold project in Sarawak, Malaysia, and has kicked off an independent strategic review of the...
A development that is improving the demand outlook for South African platinum group metals (PGMs) is the announcement of a joint venture (JV) between Japan’s Toyota Motor Corporation and China’s...
Australian rare earths producer Lynas Rare Earths is well-positioned to meet the growing demand from a maturing “rest of world” market, with projects advancing in key regions outside China and new...
The Australian government said on Tuesday it will provide A$135-million in financial support for two smelters owned by Nyrstar, a unit of commodity trader Trafigura, in the country's south....
Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India....
Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost...
Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that...
US Trade Representative Jamieson Greer sounded a cautiously optimistic note on discussions with China on rare earth flows, following trade talks that further steadied ties between the economies....
The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights...
China's refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through a global shortage of copper ore that is forcing some overseas...
The commitment of Anglo American to exit De Beers is unwavering, despite the belief of this secondary-listed Johannesburg Stock Exchange company that its iconic diamond mining and marketing...
Indian metals-to-oil conglomerate Vedanta missed quarterly profit estimates on Thursday, as lower aluminium and copper prices and higher tax expenses overshadowed the impact of strong local...
Base and precious metals miner Ivanhoe Mines reported a second-quarter profit of $35-million and adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of $123-million,...
Amid a high price environment, the World Gold Council (WGC) has reported that total gold demand, including over-the-counter investment, increased by 3% year-on-year to 1 249 t for the second...
In the 2025 transition year, Johannesburg Stock Exchange-listed Anglo American has maintained an earnings before interest, taxes, depreciation and amortisation (Ebitda) margin for its go-forward...
Platinum group metals (PGM) mining company Valterra Platinum, which experienced severe flooding in the first half of this year at its Amandelbult mine owing to extremely abnormal rainfall, is...
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