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State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated...
The world’s biggest mining company, BHP, is sticking with its ‘Plan A’ of growing organically, CEO Mike Henry told investors this week. “We have been clear throughout that we are not driven by M&A...
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...
Brazilian miner Vale's decision this week to announce a new chief executive sought to avoid further market speculation over other potential candidates, the company's chairman told Reuters on...
Australia's Fortescue reported a rise in annual profit on Wednesday, boosted by higher iron-ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend, sending...
Australia is positioned to meet strong demand from China for green iron, Fortescue said on Wednesday as it readies a pilot plant to begin production of the product using renewable energy next...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
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...
Copper is taking centre stage in diversified mining giant BHP’s growth strategy, with CEO Mike Henry on Tuesday outlining the group’s plans to double its copper production in Australia, while...
Brazilian miner Vale on Monday said that current CFO Gustavo Pimenta will become its next CEO, wrapping up a noisy succession process that had seen board members depart amid accusations of...
Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed for the energy transition at its...
Brazilian miner Samarco expects to reach 60% of its output capacity by the end of 2024, bringing forward a previous timeline, as it continues to resume activities after halting operations due to a...
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...
Africa-focused Arrow Minerals has announced the successful raising of A$5-million to progress its bauxite and hematite fines projects, in Guinea. The funds raised through the placement of...
Diversified major BHP has reported a milestone in its decarbonisation strategy with the introduction of its first electric excavator at the Yandi iron-ore mine in Pilbara, Western Australia. The...
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...
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...
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...
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...
Iron-ore headed for a brutal weekly loss, hitting the lowest level since 2022, on concern that a steel-industry crisis rippling across China will sap demand, while supplies from miners remain...
Engineering company Monadelphous has secured new construction contracts in the iron-ore and renewable energy sectors, with the revenue contribution attributable to the company expected to total...
Australian iron-ore major Fortescue has partnered with multinational equipment manufacturer Liebherr Mining to jointly develop and validate a fully integrated autonomous haulage solution (AHS) at...
Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start...
Chinese steelmakers slashed output last month as woeful demand forced steep cuts on an industry contending with a collapse in margins. Steel production in July plunged about 9% on both the month...
Turkish steelmaker Tosyali Holding said on Thursday that it will form a partnership with Angola's state oil company Sonangol to establish an integrated iron and steel plant. Tosyali's subsidiary in...
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...
China’s steel industry is facing a crisis more serious than the downturns of 2008 and 2015, the leading producer warned, highlighting a need to preserve cash and likening conditions to a “severe...
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....
Iron-ore slumped — following its fourth weekly loss in five — on concerns that a slowdown in steelmaking at Chinese mills, combined with record shipments from Australia and Brazil, would lead to a...
Snaking through the russet-colored expanse of Australia’s remote Outback, vast mile-long trains ferry iron-ore — the nation’s most valuable export — across a crucial mining district that’s...
Diversified mining company Exxaro says it expects its headline earnings per share (HEPS) for the six-month period ended June 30 to be between 31% and 45% lower than that reported for the six-month...
Astron Energy, which has successfully rebranded one of South Africa’s transport fuel forecourt networks, is described by Glencore CEO Gary Nagle as being a terrific asset. With the restart to full...
South Africa’s ports — ranked among the world’s worst — are improving and state-owned operator Transnet will fix them within the next 12 to 14 months, Minister in the Presidency Khumbudzo...
Mid-tier mining and materials company Afrimat reports that steady progress is being made with the integration of the Lafarge business, which it acquired earlier this year, and that the suspension...
Industrial metals found firmer footing on Tuesday, the day after commodities were swept up in a tumultuous global selloff of risk assets. Copper, aluminum and zinc all steadied after a frenzied...
London-listed Kavango Resources has identified several new, previously unknown induced polarisation (IP) zones at its Nara gold exploration project, in Zimbabwe, in addition to further extensions...
The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater...
This week: Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize; Seriti’s wind move may be further energy transitioned by solar and, Kumba Iron-Ore says public-private partnership...
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