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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...
Australia- and London-listed Resolute Mining has reported a robust net cash position of $96.6-million and remains fully unhedged as of June 30. With the release of Resolute's financial results for...
Amid an operating environment constrained by macroeconomic headwinds and low prices for platinum group metals (PGMs), Implats delivered guided production volume and cost control in the 12 months to...
The provision of more renewable energy at the South Deep gold mine 50 km south-west of Johannesburg is under intense scrutiny by Gold Fields, which describes the mine’s two-year-old 50 MW solar...
In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy...
Russia's largest gold miner Polyus on Tuesday posted a 183% jump in first-half profit to $1.58 billion despite Western sanctions, boosted by higher global prices for gold that hit successive record...
Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock...
Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The...
Indonesian State-controlled miner PT Aneka Tambang (Antam) is planning to acquire a smelter owned by a subsidiary of Chinese stainless steel giant Tsingshan Holding Group, its chief executive said...
London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,...
Canada-based mineral exploration company Pasofino Gold has reported that significant progress is being made with the ongoing strategic review process aimed at advancing the Dugbe gold project, in...
BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for...
South African gold mining major Harmony Gold has been elevated to new heights owing to sustained operational excellence, high recovered grades and record gold prices. In the 12 months to June 30,...
Major Chinese copper and gold producer Zijin Mining Group said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions. Net...
Uranium-focused investors in North America are plowing into in miners of the nuclear reactor fuel after the world’s largest producer, Kazatomprom released guidance that fell short of market...
Johannesburg- and New York-listed Gold Fields said on Friday that it is taking steps to set up its big South Deep gold mine on Gauteng’s West Rand for the long-term production of quality gold...
Market analysis firm BMI, a Fitch Solutions company, has revised down its 2024 iron-ore price forecast from an average of $120/t to $110/t, as subdued demand in mainland China amid the ongoing...
Societe Generale SA is withdrawing from the London Metal Exchange’s open-outcry trading floor, in a move that will raise fresh questions about the viability of the iconic “Ring” as a key...
South Africa’s small-end diamond producers are battling to survive in a diamond situation in South Africa which is under severe pressure, South African Diamond Producers Organisation (Sadpo)...
JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The...
Critical minerals and precious metals miner Sibanye-Stillwater on Wednesday announced the termination of a key commercial supply contract for its Sandouville nickel refinery in France. The...
The big win for surface gold recovery company DRDGOLD is the 60 MW solar farm built at Ergo in the 12 months to June 30. “I call it a R3-billion prepaid electricity facility that will take care of...
Iron-ore rose for a third day — recovering more of its 9% plunge last week — on signs Chinese authorities will take more steps to try and revive the country’s moribund property market. The...
Mining companies need mechanisms to solve conflicts by reaching consensus with stakeholders on dealing with grievances and disputes, former Minerals Council South Africa VP and current Transnet...
Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting beneficiated manganese to the world. “It’s an exciting...
Aim-listed Rome Resources has struck visible tin mineralisation in several intervals in the first hole of its drilling campaign on the Bisie North projects, in the Democratic Republic of Congo...
Aim-listed Shuka Minerals, which operates the Rukwa coal project in Tanzania, has asked to draw down £500 000 for general working capital purposes from a £2-million convertible note instrument with...
Aim-listed Kefi Gold and Copper is on track with early works at its Tulu Kapi gold project, in Ethiopia, which is expected to start production at a rate of 140 000 oz/y from mid-2026. Some of the...
Iron-ore is poised to extend declines into the $80/t range as China’s steelmakers reduce production, according to Citigroup Inc., which pared price forecasts and said that market dynamics have...
For the first time ever, a bar of gold is worth a cool one million dollars. The milestone was reached Friday, when the precious metal’s spot price surpassed $2 500 per troy ounce, an all-time...
In less than six years, at the end of the decade, 2030, Barrick will have grown its gold output by 30% and will be a copper miner up there with some of the biggest. It goes to the upper 400 000...
Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate...
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