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Harmony Gold Mining Company, South Africa’s biggest gold mining company, is proving itself to be a great South African asset and it’s booming at the moment, not only because the gold price is so...
It’s records all round for South Africa’s largest gold mining company Harmony, which on Thursday reported record-high free cash flow of R11-billion-plus at a 16% margin and a record final dividend...
African nations can leverage their critical mineral endowments to move beyond traditional extraction models and capture significantly greater value across the entire mining-to-manufacturing value...
The new mining technology being advanced by Master Drilling promises “continuous”, round-the-clock mining uplift – even when it comes to narrow reef extraction. On the new technology being...
Three major developments, which are poised to move the needle for South African mining, were outlined to Mining Weekly by the Johannesburg Stock Exchange-listed drilling and mechanised rock...
Another agreement involving collaboration between the public sector and the private sector in the field of rail transport service has been signed, this time between the Johannesburg Stock...
There’s a wonderful gold-price tailwind behind all gold companies at the moment but it’s the self-generation of solar electricity that served as the key catalyst of change for Ergo. Following the...
Botswana's President Duma Boko announced on Thursday an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12-billion...
Johannesburg Stock Exchange-listed Exxaro Resources will be spending R5.2-billion on a life-of-mine expansion project at its Matla colliery and R4.7-billion on the development of the 140 MW...
Johannesburg- and New York-listed DRDGOLD on Wednesday outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on...
Johannesburg Stock Exchange-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an...
The global defence industry is expected to stimulate considerable demand for nickel as the world invests in more armaments that require nickel-containing steels. “I think there's going to be a big...
Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices...
Australia's Santos said on Tuesday that Abu Dhabi's National Oil Company (ADNOC)-led international consortium would not be able to finalise an $18.7-billion takeover bid for at least another four...
UBS on Monday raised its gold target price for end-March 2026 by $100 to $3 600 per ounce as persistent US macroeconomic risks, de-dollarization trends, and strong investment demand — especially...
Mining energy supplier CrossBoundary has secured a $40-million investment from Impact Fund Denmark to expand its portfolio of clean energy projects across Africa. The investment supports...
“We are, in my view, fairly close to a possible solution,” Glencore Alloys CEO Japie Fullard said during Merafe Resources question time earlier this week amid South Africa going all out to prevent...
Iron-ore futures slipped on Friday, on track for a weekly loss, as property demand in China weakened. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1...
China is warning western companies against stockpiling rare earths or risk even greater shortages, as Beijing tightly controls supply of the metals that are vital for electric vehicles and other...
Fourmile is rapidly competing to be the largest and highest-grade gold discovery in the industry this century, Barrick CEO Dr Mark Bristow enthused during the quarterly presentation of the New...
The global demand for ferrochrome, which South Africa once provided overwhelmingly to the world to back 200 000 local jobs, was higher in the six months to June 30, the period in which this...
Africa received a strong thumbs up during the second-quarter presentation of Barrick as one of its “main cash generators”. “We saw solid performance across the portfolio,” Barrick CEO Dr Mark...
US President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up...
The South African ferrochrome and chrome ore sectors are at a crucial juncture, the Johannesburg Stock Exchange-listed Merafe Resources reported on Tuesday, August 12. Sustained pressure from the...
The high ferrous content of Kumba Iron Ore, which is produced in South Africa’s Northern Cape, is helping to lessen carbon dioxide (CO2) emission at a time when this is the global pursuit of...
“We’re working with government, looking at possible solutions,” Glencore Alloys CEO Japie Fullard tells Mining Weekly amid Glencore reporting this week that not one of its ferrochrome smelters is...
The minute that Eskom gives Khwelamet an economically feasible power price, the refurbishing of two of the four furnaces at the dormant former Metalloys plant in Meyerton will begin and take six to...
During the first half of this year, diversified mining and marketing group Glencore continued to optimise the business and position it for further value accretive growth, CEO Gary Nagle reported on...
A years-long supply crunch in platinum has come to a head, with banks scrambling for dwindling stocks in London as buyers in China and the US hoover up much of the available metal. The market...
A development that is improving the demand outlook for South African platinum group metals (PGMs) is the announcement of a joint venture (JV) between Japan’s Toyota Motor Corporation and China’s...
Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India....
Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost...
Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that...
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