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Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million...
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto...
JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to...
Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its...
Chilean state-run copper giant Codelco and London-listed miner Anglo American are set to announce a deal to jointly operate neighboring copper mines in central Chile, according to a report by...
Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings...
Operationally, 2024 was a strong year for Glencore, CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets...
South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend...
Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical...
A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export...
Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing...
Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the...
Chilean copper miner Antofagasta posted an 11% jump in annual core profit on Tuesday, helped by higher metal prices. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the...
Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes...
Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted...
Soon-to-be renamed Anglo American Platinum is being positioned to be as competitive as possible for the long term and to deliver on its full potential for all of stakeholders, CEO Craig Miller made...
Diversified mining major Anglo American plc reported on Monday that it had made significant progress towards its demerger of Anglo American Platinum, which has announced dividends totalling...
The acronyms are becoming more intense, with PTE, which stands for porous transport electrodes, the latest one, amid the already tried and trusted proton exchange membrane (PEM) popping up for...
Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion)...
Gold steadied following its largest one-day decline in two months, with the slump sparked by investor concern that the metal’s recent record-breaking rally may have been overdone. Bullion traded...
The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on...
After decades overseeing some of Peru’s biggest mines, Victor Gobitz has reemerged at the helm of a Canadian startup that has plans to begin copper production in a year and go public in the medium...
One of the major subjects the London Bullion Market Association (LBMA) talked to governments about at the Investing in African Mining Indaba was how to move an informal gold mining landscape to a...
NYSE- and Aim-listed gold miner Caledonia Mining has appointed Stefan Buys and Lesley Goldwasser as independent nonexecutive directors, effective immediately. The company also announces the...
Canadian miner McEwen Copper, a subsidiary of McEwen Mining, has submitted a request to join an Argentine government incentives program that would give it significant tax breaks for its Los Azules...
While ‘high-carbon’ is the value-lowering label being put on aluminium from South Africa’s Hillside Aluminium in KwaZulu-Natal, the Sydney-, Johannesburg- and London-listed South32 benefits from...
JSE- and NYSE-listed mining and metals processing group Sibanye-Stillwater has announced that Neal Froneman will retire as CEO and executive director, effective September 30. Chief regional...
US President Donald Trump's tariffs on aluminium are more likely to be part of a bargaining strategy than a long-term policy of his administration, said CEO Graham Kerr of Australian diversified...
China's Ganfeng Lithium mining company has begun producing lithium at its Mariana project in northern Argentina, it said on Wednesday, kicking off one of several of its new lithium projects under...
Brazilian miner Vale will announce on Friday a 70-billion real ($12.2-billion) investment to expand its iron ore and copper mining operations at the Carajas complex in northern Brazil, the...
Gold and copper mining company Barrick has signed a memorandum of understanding (MoU) with a resources organisation of the government of Zambia, which is aimed at boosting exploration and mining in...
Gold prices are hovering around record highs, but Barrick Gold and Newmont have frustrated investors by failing to capitalise on bullion’s rally. The next ten days gives the top producers a chance...
The CEO of Aim-listed mining services group Goldplat, Werner Klingenberg, has applauded the work undertaken at its gold recovery operations in South Africa and Ghana during the quarter ended...
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