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The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD...
Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The...
The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold market, needs to do more to exclude gold linked to human rights abuses or criminality from...
The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg...
The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100-billion and building up a mountain of cash to spend on assets and breaking into new markets....
TSX-listed gold and base metals miner First Quantum Minerals CEO Tristan Pascal is pleased with the level of progress on the ground at the S3 expansion project, at the Kansanshi mine, in Zambia....
Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30-trillion rupiah ($1.91-billion), its...
Chile is betting that components made with its lithium will qualify for subsidies under the US Inflation Reduction Act, potentially attracting a wave of fresh investment from companies seeking to...
Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of...
Global lithium mining firm Arcadium Lithium said on Friday that its operations in the northern Argentina region of Catamarca would not be impacted by a ruling by a provincial court blocking the...
Gold and copper miner Barrick has experienced “teething problems” at its flagship Dominican Republic growth project, CEO Mark Bristow said on Friday, but added that the Pueblo Viejo expansion...
A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the...
Copper rallied above $9 000 a ton — its highest level in 11 months — as investors react to the risk that global supply challenges will tilt the market back into deficit. The metal, seen as a...
Dual-listed Hot Chili has executed a memorandum of understanding (MoU) with Puerto Las Losas (PLL) to evaluate bulk tonnage loading alternatives for copper concentrates from the Costa Fuego...
The world’s biggest lithium producer, Albemarle, plans to sell some of its metal in auctions, which it says will help make an opaque market more transparent. Albemarle has outlined a bidding model...
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa...
Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and...
Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has...
Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African...
To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on...
Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments...
Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport...
After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery. The...
Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in...
South African gold producer Aurous, which owns and operates the Blyvoor gold mine and the Gauta tailings retreatment project on Gauteng's West Rand, has announced plans to go public through a...
Full ownership and execution of factors that are within management’s control are being elevated to the highest possible level by African Rainbow Minerals (ARM) CEO Phillip Tobias. ARM has sharpened...
Aim-listed Mkango Resources and partner TSX-V-listed CoTec have appointed two US-based engineering solutions companies to engineer and design a rare earth elements magnet recycling plant and...
Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying...
JSE- and NYSE-listed Gold Fields’ board has approved a A$296-million, or $195-million, renewable energy project to be built at the St Ives mine, in Western Australia. The plant, comprising 42 MW...
Iron-ore slumped almost 5% — heading toward the $110 a ton mark — as disappointing demand in China left the market lumbered with bulging inventories. The steelmaking material has tumbled by almost...
Chilean state-owned mining company Codelco said that a worker died in an accident on Friday afternoon at Radomiro Tomic copper mine in the country's north. Activities were suspended at the area of...
Vale CEO Eduardo Bartolomeo will retain his job through December while one of the world’s biggest mining companies conducts a search for a successor, according to people familiar with the matter....
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