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Gold rose to a record as markets waited for the Federal Reserve to begin easing monetary policy for the first time in more than four years. Bullion climbed as much as 0.4% to a high of $2...
Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US...
Conventional mining typically focuses on a single large operation. In contrast, what is unfolding on South Africa’s Northern Cape Copper Belt is the deployment of a cluster mining model, which...
Gold rose to another record high — after surging almost 2% to an all-time peak on Thursday — as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. Bullion...
An unexpected shutdown at one of China’s biggest lithium mines has left the industry scrambling to judge if the move will be enough to end the battery material’s prolonged price slump. The share...
JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and...
Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore...
The mining industry is currently one of the most significant contributors to planet-warming emissions — but it's on track to become one of the most important sectors for a net-zero future. Annual...
The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125...
China accounts for more than half of the world's pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. China is developing...
Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its...
Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)...
China Minmetals will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material from salt lakes in the far west of...
Iron-ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth. Futures for...
The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock...
Precious metals consultancy Metals Focus finds that combined Scope 1 and 2 greenhouse gas (GHG) emissions from gold mining companies decreased by 5.4% year-on-year in 2023, amounting to 27 249...
Australian mining services group Macmahon Holdings has been selected by PT Citra Palu Minerals (CPM) as the mining services contractor for the Poboya gold project, in Sulawesi, Indonesia. The...
Iron-ore steadied to remain on track for its worst week since March, with few signs of a recovery for China’s beleaguered steel market. “There is no significant improvement in demand for steel...
Johannesburg Stock Exchange-listed Harmony, which has 74 years of mining experience in South Africa and two decades in Papua New Guinea (PNG), is not only a mega gold mining specialist with an...
Chinese lithium processors are ratcheting up hedging to offset wild swings in the battery metal, a sign that local futures launched around a year ago are gaining traction. Several companies have...
Indonesia’s government sees nickel prices stabilizing near current levels in the future, as new plants in the world’s biggest producer offset rising demand and keep the market well supplied....
What Harmony Gold has achieved in the 12 months to June 30 is incredible with the true driver of value being quality gold ounces and a display of capability in regions beyond South Africa, upbeat...
The Dartbrook mine, in the Hunter Valley of New South Wales, has produced coal for the first time since the mine was placed into care-and-maintenance 18 years ago, Australian Pacific Coal (AQC)...
Iron-ore edged closer to its lowest since 2022 as the steelmaking material extended a selloff on fears for China’s crisis-wracked steel industry. Futures in Singapore fell 1.5% to $92.20 a ton by...
China signed an agreement Wednesday to revamp a railway that will help landlocked Zambia, Africa’s second-largest copper producer, export the metal through Tanzania. The heads of state of the three...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
Indian tycoon Anil Agarwal’s Vedanta approved a third tranche of dividend payout, its latest effort to improve the financial position of its indebted London-based mining parent. The Mumbai-based...
The most consequential action that price-hit platinum group metals (PGM) producers can take as an industry is the stimulation of demand. “But the issue is, are we doing enough to advance the...
China’s increasingly disappointing economic recovery will delay an expected rally in copper, said Goldman Sachs Group as it slashed its forecast for next year by almost $5 000/t. The sharp drop in...
The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
During the three months ended June 30, London-listed Mkango Resources continued to advance its recycling interests in the UK and Germany – held through its HyProMag subsidiary – towards commercial...
Diversified mining major Anglo American has signed memorandums of understanding (MoUs) with two major Chinese fertiliser companies Sinochem Fertilizer and BeiFeng to further develop the market for...
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