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What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold. Among wealthy investors under the age of 43, 45% own gold as a physical...
The basic earnings of iron-ore mining company Kumba for the six months to June 30 are expected to between 24% and 29% lower than for the first six months of last year. The decreased R6 847-million...
Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to...
Gold hit another record as traders placed stronger bets on Federal Reserve rate cuts this year and weighed an uncertain outlook for US politics. Bullion advanced in Asia hours to touch an all-time...
Under current market conditions, many platinum mines will close prematurely due to a lack of financial resources – and even without financial constraint, closure of depleting mines will result in...
With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery...
Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development...
Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being produced today — wagering it will become integral to the...
Trafigura Group and Mubadala Capital are exploring the sale of a Brazilian iron-ore port terminal operator they acquired from former billionaire Eike Batista about a decade ago, according to people...
The United Nations' International Seabed Authority (ISA) will meet on Monday to consider new rules allowing firms to extract minerals from the ocean floor, despite mounting concerns about the...
Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment...
Toronto- and New York-listed Platinum Group Metals, the near-term objectives of which are to advance the Waterberg project in Limpopo to a development and construction decision, is working with the...
For 30 years, 800 people at the now defunct Chamber of Mines Research Organisation (COMRO) devoted intense ongoing effort to research and development to advance mining in general and gold mining in...
An escalation in geopolitical conflicts is the biggest risk to the global economy, according to central bank reserve managers, who are generally positive about the world's economic outlook,...
With South Africa's mineral endowment and its public capital markets being two of its greatest advantages, both need to be put to work in a manner that is common in other global mining...
Iron-ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that...
Global gold exchange-traded funds (ETFs) recorded inflows for two consecutive months to end-June, with Asian buying offsetting outflows in North America. Gold-backed ETFs attracted $1.4-billion of...
When South African listed companies raise money locally, they rarely include smaller shareholders. Now, collaboration between Johannesburg- and Sydney-listed Orion Minerals, headed by CEO Errol...
Platinum and palladium have been spotlighted on day two of Shanghai Platinum Week, where South Africa is well represented by Minerals Council South Africa as well as platinum group metals (PGM)...
Thrifted platinum is continuing to play its critical catalytic role in the significant strides that have been made towards making liquid organic hydrogen carrier (LOHC) competitive, SherLOHCk...
Over the course of April and May, an inflow of more than half a million ounces of platinum poured into exchange-traded fund (ETF) holdings in the UK, the biggest since South Africa’s ETF initial...
ASX-listed European Lithium has announced a shareholders agreement with Obeikan Group to construct and commission a large-scale hydroxide processing plant in Saudi Arabia to convert spodumene...
The pace of platinum group metals- (PGM-) enabled green hydrogen generation and clean PGM-catalysed fuel cell electricity adoption is building up steadily worldwide. In a global online...
The UAE's International Resources Holding (IRH) has withdrawn a bid to buy a stake in Vedanta Resources' Zambian copper mines, it said on Wednesday, after talks collapsed because of a failure to...
The reputation of the large Kibali gold mine, run by Barrick Gold in the Democratic Republic of Congo (DRC), is being significantly enhanced by its far-reaching contribution to the development and...
Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put...
Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s...
Hedge funds including Anchorage Capital Advisors and Squarepoint Capital have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures...
Canada’s NextSource is exploring the establishment of a battery anode facility (BAF) in Saudi Arabia, drawn by the kingdom’s attractive incentives for value-added processing. The proposed facility...
South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event...
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024....
Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022....
South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is...
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