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Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds...
Anglo American offered to sell about 13-million shares in Anglo American Platinum (Amplats) in a move aimed at increasing the South African firm’s free float ahead of a full exit. The shares...
Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its...
Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)...
The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock...
Multinational mining and metals processing group Sibanye-Stillwater reports that it has improved its broad-based black economic empowerment (BBBEE) rating to Level 4, from Level 6 in 2023 and Level...
South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe told attendees at this year's Africa Down Under conference, in Perth, Australia, on September 4, that the country's Department...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
The most consequential action that price-hit platinum group metals (PGM) producers can take as an industry is the stimulation of demand. “But the issue is, are we doing enough to advance the...
Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between 250.8c and 277.2c, or about $0.13 and $0.15, for the six months ended June 30, mainly...
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...
The development of the hydrogen economy and the latent potential offtake for platinum group metals (PGMs) is a key underpin to the long-term view of future demand and the role PGMs will play in a...
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...
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
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...
Mining Weekly Editor Martin Creamer talks about Menar's plans to revive the Metalloys smelter and sell ferromanganese to the world; gold miner DRDGold's renewable energy infrastructure; and the...
To develop an improved understanding of the extent to which mining matters to nearby communities, and more broadly to South Africa as a whole, mining industry lobby association Minerals Council...
Clients in the platinum group metals (PGMs) and chrome sectors continue to hold a significant market share for opencast mining, bulk materials handling, and drilling and blasting service provider...
This year’s platinum insight conference, the Shanghai Platinum Week 2024, served as a “core platform” for industry innovation and collaboration, reports global platinum body World Platinum...
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...
US critical metals company Ivanhoe Electric has appointed Mike Patterson VP of investor relations and business development, with effect from August 19. Patterson is a seasoned professional with a...
Platinum miner Zimplats has reported a 20% year-on-year decrease in revenue, dropping from $962.3-million at the end of the 2023 financial year to $767.1-million at the close of the 2024 financial...
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...
A updated scoping study on Aim-listed platinum group metals (PGM) producer and developer Sylvania Platinum's Volspruit project, located on the southern end of the northern limb of the Bushveld...
Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of...
South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected...
Platinum group metals (PGM) miner Northam Platinum says it expects to report a year-on-year decrease of between 76.6% and 86.6% in headline earnings per share (HEPS) to between R3.24 and R5.66 for...
Platinum group metal (PGM) and chrome miner Eastern Platinum (Eastplats) has reported net income attributable to equity shareholders of $2.6-million for the six months ended June 30, compared with...
South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions....
The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an...
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