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During a Capital Markets Day media conference call, on November 13, gold miner Gold Fields CEO Mike Fraser pointed out that the company was targeting incremental production growth over the next...
Chinese copper exports are on pace to set a record in 2025, with October shipments set to exceed 100 000 metric tons for only the third time ever, as rising domestic supply and higher foreign...
The South Africa-Europe iron-ore trade route could go green as soon as 2029 and scale toward full decarbonisation by 2035, according to a study released by the Global Maritime Forum. The...
AngloGold Ashanti is constantly coming up with the same answer during its continual assessment of where this 40 000-employee gold mining major can generate the most value. “The answer is clear,”...
In the three months to September 30, the free cash flow of AngloGold Ashanti rose 141% year-on-year to a record $920-million as continued cost discipline helped to capture the benefits of a higher...
In the three months to September 30, the Africa region of Barrick Mining Corporation delivered the largest quarter-on-quarter increase of all the Barrick regions. Moreover, the costs of the Africa...
Copper-focused Teck Resources has filed its meeting materials ahead of a special shareholder meeting on December 9 to approve a merger with Anglo American, creating a new global mining leader...
Guinea will fast-track the development of alumina refineries and iron-ore pellet plants to end decades of raw ore exports, its mines minister told reporters, as the country prepares for the first...
Botswana is working on acquiring a majority stake in De Beers, President Duma Boko said on Monday, after Angola announced a rival bid to control the giant diamond company. Botswana, which owns 15%...
The strong gold price, which increased by 40% to average $3 434/oz, combined with higher production, resulted in a 52% increase in revenue and a significant uplift in free cash flow for...
Iron-ore pellet producer Ferrexpo has temporarily suspended production and exports from its Ukrainian operations after missile attacks on the country’s power infrastructure disrupted electricity...
South Africa’s rare earths endowment at Phalaborwa in Limpopo province is a gift that just keep on giving through the ongoing effort of Rainbow Rare Earths. In December, Mining Weekly reported that...
Aim-listed Andrada Mining, a critical raw materials producer with mining and exploration assets in Namibia, has published its Sustainability Report for the financial year ended February 29. The...
A strong renewed thrust is under way for the creation of a platinum group metals (PGM) commodities exchange in South Africa to take advantage of South Africa's massive PGMs endowment at a time when...
The mining ministers of Botswana and Angola held talks in Botswana's capital on Friday on cooperation in the diamond sector, as the two Southern African countries seek to take control of Anglo...
Scandinavian gold producer Akobo Minerals, which owns and operates the Segele mine, in Ethiopia, has produced about 7 kg of doré gold in October, exceeding its monthly target of 5 kg. Cumulative...
The significant leverage of Sibanye-Stillwater to precious metals prices is clearly illustrated by the skyrocketing of its South African gold and platinum group metals (PGMs) earnings in the three...
Diamond producer De Beers has appointed Kevin Smith, currently corporate affairs & strategy executive VP, as interim COO, with effect from December 1. He succeeds Burger Greeff, who is retiring...
The South Deep gold mine in South Africa’s Gauteng province sold 20% more gold in the September quarter and 22% more gold than in the corresponding quarter of last year. The 86 300 oz of...
Chinese-owned mining firm MMG’s $500-million purchase of Anglo American's Brazilian nickel business has been hit by an in-depth European Union probe after regulators warned that the deal threatens...
Johannesburg and Pilgrim’s Rest, two locations steeped in South African gold mining history, are both making it clear that their gold resources are far from done. Mining Weekly chalked up reads...
Russian President Vladimir Putin on Tuesday ordered the Russian cabinet to draw up by December 1 a road map for the extraction of rare earth minerals. In a list of tasks for ministers published on...
UK-based motor efficiency company Energy Drive has appointed Dr Nick Moelders COO. Based in the US, his appointment marks a significant step in the company’s global expansion and enhancing its...
Deep in the rainforests of Indonesia, a group of miners is betting there’s still billions to be made from the world’s dirtiest fossil fuel. Global mining giants have largely retreated from coal...
The CEO of US-backed investment vehicle TechMet is evaluating portfolio additions, including bidding for a Ukraine lithium deposit, but worries that Europe is lagging behind the US in building a...
Aim-listed Kodal Minerals says operations at the Bougouni lithium project in southern Mali, located about 180 km from Bamako, continue to run as usual. This follows recent press speculation...
Mining Weekly has just visited West Wits Mining, where Johannesburg’s former golden glow is beginning to re-show – and at a cracking pace. The gold project is a close 15 km west of Johannesburg’s...
Disagreements between governments and investors over resources are at a ten-year high, law firm DLA Piper said, driven by resource nationalism and growing competition between the US and China for...
Angola will not fund state-owned miner Endiama's proposed acquisition of a stake in De Beers through the national budget, Finance Minister Vera Daves de Sousa said on Friday. Endiama has bid for a...
Rio Tinto Group’s new boss has told staff that plans to focus the miner’s sprawling corporate structure on its most profitable metals will be a blueprint for a “sharper, simpler” operation, though...
Platinum group metals (PGM) mining and marketing company Implats delivered higher refined and saleable production and sales volumes into improved PGM pricing in the three months to September 30....
Mexico’s Fresnillo announced on Friday it would buy Probe Gold for C$780-million in cash, giving the world’s biggest primary silver producer control of the Canadian explorer’s Novador gold project...
London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, reports that decisive measures to conserve cash have been completed, with the anticipated $1.5-million in monthly saving...
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