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Diversified Miners

Anglo paid $23.5bn in taxes, economic contributions in 2023
27th June 2024 By: Darren Parker

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Panel explores relevance of listed market for mining capital   
26th June 2024 By: Tasneem Bulbulia

The world is infinitely more complex now, with the energy transition, longer lead times and geopolitical fracturing, than in previous years and this presents challenges and questions around mining... 


Nolitha Fakude, Thuli Madonsela, Mzila Mthenjane and Paul Miller.
Mining central to South Africa’s socioeconomic wellbeing, AGM hears
26th June 2024 By: Martin Creamer

Given its far-reaching multiplier effect, mining is the epicentre of South Africa’s economy and social wellbeing and has been at the heart of its economic progress and development for much of this... 


Resources Watch
Resources Watch
26th June 2024

This week: Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation; and, South Africa now a compelling world investment story, upbeat Orion highlights 


Employees working underground at an Implats mine
Mining sector employment holds up well despite first-quarter decline
26th June 2024 By: Creamer Media Reporter

Following five uninterrupted quarters of job gains, employment in the mining sector declined during the first quarter of this year, the Minerals Council South Africa reports. Citing Statistics... 


Anglo Executive Market Development Head Benny Oeyen
Anglo spearheading exciting new clean hydrogen mobility initiative across Europe
26th June 2024 By: Martin Creamer

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 


Sibanye CEO Neal Froneman
Sibanye CEO says may close metals streaming deal in third quarter
26th June 2024 By: Reuters

Sibanye Stillwater CEO Neal Froneman said on Tuesday it may close a metals streaming, or prepayment, deal to raise the cash it needs to boost its balance sheet in the third quarter. The... 


A solar farm in the Atacama desert
BHP Group's carbon emissions to rise slightly this year
26th June 2024 By: Reuters

BHP Group's operational carbon emissions are set for a "small increase" this financial year, an executive said on Wednesday, as the miner said its path to net zero would not be linear and requires... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Global miners to invest for growth, transformation amid financial pressure – PwC
25th June 2024 By: Simone Liedtke

The financial performance of the world’s Top 40 mining companies is under pressure owing to lower commodity prices and rising costs, which has resulted in revenues falling by more than 7% despite... 


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Exxaro warns of price, production dip in first half
25th June 2024 By: Darren Parker

Diversified miner and renewable energy company Exxaro Resources expects to report lower coal and iron-ore prices, as well as lower production, for the first six months of this year. With respect to... 


University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.
Global gold mining major highlights academic partnership with South Africa’s Fort Hare
21st June 2024 By: Martin Creamer

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti,... 


Orion, Thungela, Richards Bay Minerals make headlines
Orion, Thungela, Richards Bay Minerals make headlines
21st June 2024

Mining Weekly Editor Martin Creamer discusses South Africa becoming one of the world’s most compelling short-term investment stories, which is good news for Orion Minerals; Thungela Resources being... 


A generic image of an opencast mine
S America changing tack for in-demand minerals
21st June 2024 By: Lumkile Nkomfe

An emerging trend in Latin America, and South America in general, is the shift from mining certain commodities to mining commodities that are more critical for the energy transition, such as... 


Vale Base Metals chairperson Mark Cutifani
Vale unveils $3.3bn plan to boost copper and nickel output
20th June 2024 By: Reuters

Vale plans to spend as much as $3.3-billion on improvements at its mining operations in Brazil and Canada to boost copper and nickel production capacity over the next four years. The Brazilian... 


Resources Watch
Resources Watch
19th June 2024

This week: Copper 360 on home straight to produce quite a bit of cash, CEO reports; Reserve Bank concern about decline of public markets welcome development; and, Artificial intelligence used to... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


Copper360, public markets, TotalEnergies, Air Products deal make headlines
Copper360, public markets, TotalEnergies, Air Products deal make headlines
14th June 2024

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.
Vale, BHP make new offer on Mariana disaster reparations
12th June 2024 By: Reuters

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


An image of Sibanye CEO Neal Froneman
Sibanye-Stillwater changes covenant flexibility of its credit facilities
7th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 


Photo of Martin Creamer
Water pollution, traceability, exploration fund make headlines
7th June 2024

Mining Weekly Editor Martin Creamer discusses the role that Platinum Group Metal can play against water pollution; traceability in the mining sector and Petra Diamonds progress in this area; and... 


Men and women sitting on a stage in a panel discussion at the 2023 London indaba
Bigger attendance expected
7th June 2024 By: Halima Frost

Following the inaugural London Indaba in 2023, event organiser Resources4Africa (R4A) says this year’s conference aims to garner more attention from investors and the global mining sector. Set to... 


Botswana President President Mokgweetsi Masisi
Botswana may raise De Beers stake as Anglo weighs spin-off
6th June 2024 By: Reuters

The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell... 


The Khumani iron-ore mine
Mining input costs up by 7.2% y/y, Minerals Council says
5th June 2024 By: Darren Parker

The Minerals Council South Africa said on June 4 that its index of mining input costs increased by 7.2% year-on-year, matching the highest rate so far this year, which was recorded in January. This... 


A haul truck operating at a mine site in South Africa
Seventh administration needs to fast-track structural reforms to halt economic decline, Minerals Council says
5th June 2024 By: Darren Parker

The "concerning" economic growth dynamics across the South African mining sector should reinforce the need for the seventh administration, whatever shape it may take, to sustain and preferably... 


BHP CEO Mike Henry
BHP faces a test of patience after $49bn Anglo bid falters
4th June 2024 By: Bloomberg

Days after BHP Group failed to secure the $49-billion takeover of smaller rival Anglo American, investors have one message for CEO Mike Henry — keep your cool. BHP argues it showed restraint in... 


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