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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...
The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time...
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...
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...
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...
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...
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)...
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...
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...
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...
Mining services company Capital has announced first-half revenue of $169.4-million, marking a 9.8% increase from $154.3-million in the 2023 interim period. The company's full-year revenue guidance...
Copper demand is expected to rise by 75% to 56-million tonnes by 2050, necessitating substantial investment, a new report by data analytics firm Wood Mackenzie shows. The firm says that, as major...
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...
Mining and renewable energy company Exxaro Resources has declared an interim dividend in reporting its interim results for the six months to June 30. Half-year revenue of the Johannesburg Stock...
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...
Gold edged up to near a record, as investors awaited key inflation data that could prompt the Federal Reserve to cut interest rates next month. Bullion reached as high as $2 478.61 an ounce –...
The Africa region delivered its “usual reliable performance” with steady production and well contained costs, Barrick CEO Dr Mark Bristow reported this week when it maintained its quarterly...
Pandora A/S’s chief executive officer expects it will take less than ten years before consumers buy more lab-grown diamonds than mined stones because they increasingly weigh up costs and climate...
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VISIT SHOWROOMThe SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
VISIT SHOWROOMWeir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...
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