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Rio Tinto proposed retaining both chairperson and CEO roles. Pictured here is Rio Tinto CEO Simon Trott.
Rio Tinto proposed retaining both chairperson and CEO roles. Pictured here is Rio Tinto CEO Simon Trott.
Rio Tinto rules out Glencore deal
5th February 2026 By: Mariaan Webb

Diversified major Rio Tinto has ruled out a potential merger or business combination with Glencore, saying it is no longer considering a transaction after determining that it would not deliver sufficient value to shareholders. In a statement on... 


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runners
Ten runners to take on the world’s highest marathon on Ojos del Salado
6th February 2026 By: Darren Parker

Ten runners will attempt the world’s highest marathon, descending 42.2 km from the summit of Ojos del Salado, the world’s tallest volcano at 6 893 m, located on the Argentina-Chile border. The... 


The Richards Bay Coal Terminal
Transnet successfully rebuilding its coal (and other) rail transport capacity
6th February 2026 By: Rebecca Campbell

Transnet is on track to return to profitability by the end of next month, Group CEO Michelle Philips told delegates on the second day of the twenty-first annual Southern African Coal Conference, in... 


CGS CEO Mosa Mabuza and BHP group exploration officer Tom O'Connor
BHP, South Africa’s CGS partner to enrich geoscience data
6th February 2026 By: Marleny Arnoldi

Australian multinational mining company BHP has signed a memorandum of understanding (MoU) with South Africa’s Council for Geoscience (CGS) to collaborate on geoscientific research and exploration.... 


Rosh Pinah Zinc aerial
Rosh Pinah Zinc commissions paste backfill plant
6th February 2026 By: Darren Parker

Mine operator Rosh Pinah Zinc (RPZ) and investment adviser Appian Capital Advisory have announced the commissioning of Namibia’s first paste backfill plant at the Rosh Pinah mine, marking a key... 


Blencowe confirms thick, shallow graphite at Iyan deposit
6th February 2026 By: Darren Parker

London-listed Blencowe Resources has reported further assay results from 12 shallow drill holes at its Iyan deposit, part of the Orom-Cross graphite project, in Uganda, confirming consistent,... 


Lotus raises A$76m to fund uranium production ramp-up
6th February 2026 By: Darren Parker

ASX- and OTCQX-listed Lotus Resources has successfully completed its bookbuild for a non-underwritten placement to raise A$76-million at A$2.15 a share, providing additional working capital to... 


MGX completes $50m Central Tanami JV acquisition
6th February 2026 By: Creamer Media Reporter

Midtier miner MGX Resources has completed its acquisition of a 50% interest in the Central Tanami Gold Project Joint Venture (CTPJV) in Australia’s Northern Territory, finalising a transaction with... 


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Gold Fields to report big rise in earnings on higher gold price, consolidation of Gruyere mine
6th February 2026 By: Darren Parker

JSE-listed Gold Fields is expecting its headline earnings per share (HEPS) for the 12 months ended December 31, 2025, to be in between $2.79 and $2.97, representing a 110% to 123% increase on the... 


Sibanye-Stillwater’s K4 Marikana shaft.
More renewable energy secured for Sibanye-Stillwater's South African mines
6th February 2026 By: Martin Creamer

Precious and green metals mining company Sibanye-Stillwater has concluded a flexible renewable energy power purchase agreement (PPA) with energy trader Etana Energy, involving the supply of 220 MW... 


Randy Smallwood
Wheaton names Hodaly CEO as Smallwood steps up to chair
6th February 2026 By: Creamer Media Reporter

Precious metals streaming company Wheaton Precious Metals has announced a leadership transition that will see president Haytham Hodaly succeed co-founder Randy Smallwood as CEO from March 31, 2026,... 


Last quarter production rises to highest level of year.
Highest annual shareholder returns in Barrick history – ‘with more to come’
6th February 2026 By: Martin Creamer

The balance sheet of New York- and Toronto-listed gold and copper mining company Barrick is in phenomenally good shape, with future capital investment programmes well-funded. Significant excess... 


Canyon Resources targets first mining at Minim Martap early this year
6th February 2026 By: Darren Parker

ASX-listed Canyon Resources has said its Minim Martap bauxite project, in Cameroon, is transitioning into the mining phase, with commissioning of the surface miner scheduled for February, while... 


US DFC backs Serra Verde with $565m for rare earths expansion
6th February 2026 By: Creamer Media Reporter

Rare earths miner Serra Verde has secured a $565-million financing package from the US International Development Finance Corporation (DFC). The financing includes an option for the US government... 


South Africa’s Minister Parks Tau and his counterpart from the People’s Republic of China, Minister Wang Wentao at the signing ceremony in Beijing, China.
South Africa and China sign trade and investment framework agreement
6th February 2026 By: Terence Creamer

South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market to more South African products and facilitating Chinese... 


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Peabody’s Centurion mine to begin longwall mining ahead of schedule
Peabody’s Centurion mine to begin longwall mining ahead of schedule
6th February 2026 By: Mariaan Webb

US-based Peabody Energy is set to begin longwall mining this week at its Centurion mine in Australia’s Bowen basin, two months ahead of schedule. Centurion is Peabody’s flagship Tier 1 premium hard... 


Mining evolution, BHP bootcamp, gold revival make headlines
Mining evolution, BHP bootcamp, gold revival make headlines
6th February 2026

Mining Weekly Editor Martin Creamer talks about the Minerals Council's view that South Africa’s mining industry is at a pivotal point in its evolution; BHP’s biggest-ever explorer-technology-data... 


Berkeley claims $1.25bn from Spain over Salamanca project
Berkeley claims $1.25bn from Spain over Salamanca project
6th February 2026 By: Creamer Media Reporter

Dual-listed Berkeley Energia has filed a $1.25-billion compensation claim against Spain at the International Centre for Settlement of Investment Disputes (ICSID) in Washington DC, as part of its... 


Barrick reviews Pakistan project amid security concerns
Barrick reviews Pakistan project amid security concerns
6th February 2026 By: Mariaan Webb

Toronto-headquartered Barrick Mining has delayed the closing of financing for its Reko Diq copper/gold project in Pakistan’s Balochistan province amid rising security concerns. Barrick CFO Graham... 


Capstone to resume full production at Chile's Mantoverde mine as strike ends
6th February 2026 By: Reuters

Canada's Capstone Copper said on Friday that the largest union at its Mantoverde copper‑gold mine in Chile had approved a new three‑year labour contract, ending a strike that started on January 2... 


Rio Tinto's Australian investors applaud end to Glencore takeover talks
Rio Tinto's Australian investors applaud end to Glencore takeover talks
6th February 2026 By: Reuters

Australian shareholders in Rio Tinto have welcomed the mining giant's decision to end merger talks with Glencore, and said it is now up to the company to deliver on a new strategy that it has put... 


Magazine round up | 06 February 2026
Magazine round up | 06 February 2026
6th February 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


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Magazine

Magazine round up | 06 February 2026
Magazine round up | 06 February 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

HOT STUFF: Having breached the historic $5000/oz level in January, some analysts are now forecasting that gold could climb toward the $6000/oz level this year on mounting global tensions as well as strong central-bank and retail demand. Photograph: Creamer Media
HOT STUFF

Having breached the historic $5 000/oz level in January, some analysts are now forecasting that gold could climb toward the $6 000/oz level this year on mounting global tensions as well as strong... 

  • Engineering News Features
Photo of Martin Creamer
South Africa simply must get going on the mining exploration front

It’s extremely bad for the South African economy that it’s taking so long to get going on the mining exploration front. As is being pointed out around the resources world, mining success depends on... 

Photo of Terence Creamer
Welcome visibility

A new data portal made publicly available recently by the National Transmission Company South Africa (NTCSA) provides some encouraging insight into the country’s power generation project pipeline.... 

Business Leader

Clement Kgatla, responsible pharmacist at Bidvest International Logistics
Clement Kgatla

This week we profile Clement Kgatla, responsible pharmacist at Bidvest International Logistics, which is involved in the warehousing and distribution of various commodities, including pharmaceuticals 

FEELING BULLISH: The gold bulls are definitely having their day. The upward price trend has been in place since late 2022 and there are no signs yet of a reversal. This, despite the fact that the precious metal has already broken all previous records. The only pity for South Africa is that the country is far from the leading producer it once was.
FEELING BULLISH

The gold bulls are definitely having their day. The upward price trend has been in place since late 2022 and there are no signs yet of a reversal. This, despite the fact that the precious metal has... 

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