Resources Watch

6th September 2023

Resources Watch

Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:

Harmony swings to profit, declares a higher dividend

Vedanta aims to complete $1bn investment in South Africa soon

And, Mistra reiterates call for PGMs Exchange as hydrogen economy looms

 

Harmony swings to profit, declares a higher dividend

Gold miner Harmony Gold has posted a 46% increase in production profit to just under R14-billion, or $774-million, for the financial year ended June 30.

Harmony Gold CEO Peter Steenkamp...

 

Vedanta aims to complete $1bn investment in South Africa soon

Vedanta Resources aims to complete its commitment to invest $1-billion in South Africa in the near future, although its plans are being held up by a lack of reliable infrastructure and energy security.

Vedanta chairperson Anil Agarwal...

 

Mistra reiterates call for PGMs Exchange as hydrogen economy looms

Think tank the Mapungubwe Institute for Strategic Reflection has reiterated its call for the formation of a Platinum Group Metals Exchange in South Africa, given that many stakeholders are losing out on value that could have been created in a less volatile market system.

Mistra executive director Joel Netshitenzhe...

 

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