Mining Indaba News
Randgold proposes 52% dividend-payout increase as FY16 profits rise 38%
Africa-focused Randgold Resources has increased production for the sixth consecutive year in 2016, while reducing total cash cost per ounce, and remains upbeat about its future prospects despite...
DMR to focus on supporting junior miners; MPRDA to be finalised by June
Mineral Resources Minister Mosebenzi Zwane has welcomed signs of a new “spring” in the mining industry, noting the recovery in commodities prices, and has signalled that he will intensify support...
Cutifani encourages mining sector to focus on constructive dialogue
Anglo American CE Mark Cutifani has advocated a new future for mining, through innovation, a sharper focus on resilience and, in South Africa in particular, a recognition that “capital has no...
Despite subdued uranium prices, GoviEx remains upbeat about industry’s prospects
Although uranium prices remain weak, Canadian mineral resources company GoviEx Uranium CEO Daniel Major believes they are turning the corner. Speaking to Mining Weekly Online on the sidelines of...
US recession on way as deglobalisation bites – Moyo
Falling global trade, decreasing cross-border capital flows and tightening immigration are the backdrop to the upcoming recessionary environment that will eventuate in the US in 2018 along with...
Latin America event announced as Indaba declares mining on the way back up
The mining industry is on the way back up and the time to take advantage of that is now, the new Investing in African Mining Indaba MD Alex Grose said on Monday. Speaking at the opening of the...
Minerals Minister urged to make new legislative start
South Africa’s Minerals Minister Mosebenzi Zwane has been urged to withdraw the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill and to make a new legislative start that...
Local fuel cell manufacturing launch boost for platinum demand
The government-backed fuel cell plant launch scheduled to take place on the sidelines of the Mining Indaba in Cape Town has important potential demand implications for South Africa’s...
Latest News by Mining Weekly
Snow Lake, Global Uranium agree to merger
ASX-listed Global Uranium and Enrichment has entered into a binding scheme implementation deed (SID) with US natural resource exploration company Snow Lake Resources, pursuant to which they have...
Freeport recovers remains of last five missing Grasberg workers
NYSE-listed copper and gold miner Freeport has advised that the five workers it was still searching for at its Grasberg block cave mine, in Indonesia, have been found deceased. Seven workers...
Discovery Green, Glencore sign 20-year renewables deal to power coal mines
To support South Africa’s transition to clean energy, Discovery Green, the renewable energy business of Discovery Limited, and Glencore Operations South Africa, part of the global diversified...
