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Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow
Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow
19th February 2026 By: Reuters

Rio Tinto on Thursday reported flat annual earnings that missed expectations as weaker iron-ore prices weighed on its core business, while stronger copper prices and higher output helped limit the impact. The world's largest iron-ore producer,... 


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NWU centre awarded Phase 2 of the South African Circular Minerals and Metals Initiative
NWU centre awarded Phase 2 of the South African Circular Minerals and Metals Initiative
Updated 5 hours ago By: Sabrina Jardim

The Department of Science, Technology and Innovation (DSTI) has awarded Phase 2 of the South African Circular Minerals and Metals Initiative to North West University’s (NWU’s) Centre for... 


Sibanye-Stillwater CEO Richard Stewart.
Sibanye-Stillwater’s 2025 headline earnings soar 281%, R3.7bn dividend declared
Updated 5 hours ago By: Martin Creamer

The 2025 headline earnings per share of Sibanye-Stillwater soared by 285% and earnings before interest, taxes, depreciation and amortisation (Ebitda) came within a hair’s breadth of trebling with a... 


Trafigura and Kamoa Copper copper anode shipment
Trafigura, Kamoa Copper undertake maiden copper anode sale, Lobito Corridor slashes transport time
Updated 5 hours ago By: Marleny Arnoldi

Metals trader Trafigura and TSX-listed Ivanhoe Mines’ Kamoa Copper business in the Democratic Republic of Congo (DRC) has successfully completed its first sale of low-carbon copper anodes, which is... 


Mineral Resources swings to interim profit on stronger Onslow output, lithium rebound
Mineral Resources swings to interim profit on stronger Onslow output, lithium rebound
Updated 5 hours ago By: Reuters

Australia’s Mineral Resources reported stronger‑than‑expected interim earnings on Friday, buoyed by steady nameplate‑capacity output from its flagship Onslow Iron project and a rebound in lithium... 


Century's Iceland aluminium smelter to return sooner than expected
Updated 6 hours ago By: Reuters

US aluminium producer Century Aluminum said on Thursday that repairs would allow the shuttered capacity at its Grundartangi smelter in Iceland to restart by the end of April, around six months... 


Imerys freezes UK lithium project to focus on France
Updated 6 hours ago By: Reuters

Imerys has frozen its project to develop lithium production in Britain to focus on a more advanced venture in France, the minerals group said on Thursday. The Imerys British Lithium project in... 


Newmont flags mismanagement at NGM, sends default notice to Barrick
Newmont flags mismanagement at NGM, sends default notice to Barrick
Updated 6 hours ago By: Mariaan Webb

Gold major Newmont has escalated tensions with joint venture (JV) partner Barrick Mining, issuing a notice of default under their Nevada Gold Mines (NGM) agreement after alleging mismanagement at... 


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Unicorn Mineral Resources reports increased copper recovery in glycine leaching tests
Updated 6 hours ago By: Sabrina Jardim

London-listed Unicorn Mineral Resources has announced further positive results from the glycine leaching tests on the tailings samples from the Klein Aub copper mine, in Namibia, which the company... 


Oriole completes maiden drilling programme at Cameroon target
Updated 7 hours ago By: Sabrina Jardim

Aim-listed Oriole Resources has provided an update on the Mbe gold project, in Cameroon, where it has completed a maiden 3 000 m diamond drilling programme at the MB01-N target. The programme,... 


An image of De Beers diamonds
De Beers’ loss widens to $511m amid ongoing diamond market challenges
20th February 2026 By: Tasneem Bulbulia

A lower average rough price index and stock rebalancing initiatives had a significant impact on diamond miner De Beers’ earnings for the 2025 financial year, resulting in an underlying loss before... 


Safety equipment
Five miners presumed dead after mudslide in South African diamond mine
20th February 2026 By: Reuters

Five diamond miners missing since Tuesday following a mudslide deep underground are presumed dead, South Africa's mining minister said on Friday after assessing rescue efforts. Gwede Mantashe told... 


Nutrien expects higher potash demand despite tough conditions for farmers
Nutrien expects higher potash demand despite tough conditions for farmers
20th February 2026 By: Reuters

op world potash producer Nutrien expects increased demand for the crop nutrient in 2026 despite farmers cutting back on phosphate fertilizer and facing low returns. On its fourth-quarter financial... 


Yaouré mine
Perseus posts $185.5m interim after-tax profit, increases dividend
20th February 2026 By: Sabrina Jardim

ASX-listed Perseus Mining has reported material improvements across all key financial metrics including revenue, earnings before interest, taxes, depreciation and amortisation (Ebitda), profit... 


Lithium Americas sets up to $1.6bn 2026 capex for Thacker Pass
Lithium Americas sets up to $1.6bn 2026 capex for Thacker Pass
20th February 2026 By: Mariaan Webb

North American developer Lithium Americas has guided capital expenditure (capex) of between $1.3-billion and $1.6-billion for 2026 as construction accelerates at its Thacker Pass lithium project in... 


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Anglo American CEO Duncan Wanblad
Anglo sees growth in refocused portfolio earnings despite reporting wider loss of $3.7bn
20th February 2026 By: Marleny Arnoldi

Global diversified miner Anglo American is starting to see underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) gains from its simplified portfolio that focuses on... 


First Never Never ore marks milestone for Ramelius
First Never Never ore marks milestone for Ramelius
20th February 2026 By: Mariaan Webb

Mid-tier producer Ramelius Resources has delivered first ore from the high-grade Never Never underground at Dalgaranga to its Mt Magnet processing hub. The maiden haul comes as the company... 


Richards Bay Dry Bulk Terminal
Transnet starts process to find private partner for Richards Bay Dry Bulk Terminal
20th February 2026 By: Terence Creamer

State-owned freight logistics group Transnet has initiated the first stage of a process to select a private partner for the Richards Bay Dry Bulk Terminal (RBDBT), a key export terminal in... 


Paladin gets environment nod for Patterson Lake South
Paladin gets environment nod for Patterson Lake South
20th February 2026 By: Mariaan Webb

Australia-listed uranium miner Paladin Energy has cleared a key regulatory hurdle for its Canadian growth pipeline, securing Ministerial approval of the environmental impact statement (EIS) for the... 


An image of the Eland operation
Northam increases credit facility by R2bn to support renewables programme
20th February 2026 By: Tasneem Bulbulia

JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its... 


AMCU calls for enforcement of missing persons locator systems in mining sector
20th February 2026 By: Schalk Burger

Trade union the Association of Mineworkers and Construction Union (AMCU) says various incidents of mineworkers going missing underground point to possible failures in the implementation, monitoring... 


Santos signs gas supply agreement for Whyalla Steelworks
20th February 2026 By: Reuters

Australia's Santos said on Friday it has signed an agreement with the South Australian government to supply 20 petajoules (PJ) of gas annually over 10 years to help transform Whyalla Steelworks... 


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Magazine

Magazine round up | 20 February 2026
Magazine round up | 20 February 2026

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

BILATERAL TRADE: South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market for more South African products and facilitating Chinese investment into South Africa. The China-Africa Economic Partnership Agreement was signed in Beijing, China, on February 6 by South Africa’s Trade, Industry and Competition Minister Parks Tau and his counterpart from the People’s Republic of China, Minister Wang Wentao.
BILATERAL TRADE

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... 

Photo of Martin Creamer
Eskom’s concerning powerline zig-zag must be quickly reversed

Eskom and the Electricity Ministry should be advised by the Cabinet to sit at the knee of their national transport cousin Transnet to learn just how positive public-private collaboration can be for... 

Photo of Terence Creamer
Moral hazard

There is currently a marked difference between how Eskom and Transnet are being assessed against their respective reform milestones. While the State electricity producer is being adjudged,... 

Business Leader

Nicolaas Jonker, CEO of Jonker Kontrakteur
Nicolaas Jonker

This week we profile Nicolaas Jonker, CEO of Jonker Kontrakteurs, a multidisciplinary civil construction and mining-services company specialising in underground safety innovation, patented... 

TRANSMISSION TUSSLE: Organised business won a major victory when President Cyril Ramaphosa intervened to roll back an Eskom unbundling plan approved by the Department of Electricity and Energy in December. In his State of the Nation Address, he said the new State-owned Transmission System Operator must own the grid assets, which Eskom wanted retained by a subsidiary, and set a three-month deadline for coming up with a solution.
AT ODDS:

Organised business has expressed strong reservations about an Eskom unbundling plan approved by the Department of Electricity and Energy in December. It contends that the decision not to transfer... 

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