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KCGM mine
Northern Star shines with new record net profit after tax of A$1.7bn
Updated 1 hour 36 minutes ago By: Marleny Arnoldi

Australia's largest gold miner Northern Star has posted a record net profit after tax of A$1.7-billion, or A$1.17 apiece, in the year ended June 30, marking a 24% year-on-year increase from the prior year's net profit after tax of A$1.3-billion.... 


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Iron-ore mining landscape
Fortescue hires law firm to investigate sexual harassment allegations against senior executive
Updated 3 hours ago By: Reuters

A senior executive under investigation for sexual harassment and bullying is still working at Fortescue while an inquiry is underway, the company's energy chief Gus Pichot said on Thursday.... 


Fortescue signage
Fortescue, Queensland gov reach truce over scrapped electrolyser facility dispute
Updated 1 hour 42 minutes ago By: Marleny Arnoldi

The State of Queensland, Minister for Economic Development Queensland and iron-ore major Fortescue have reached a confidential settlement to resolve their dispute over the former state government’s... 


Coal
Colombia coal output could rise 40% by 2030 with right measures, group says
Updated 3 hours ago By: Reuters

Colombian coal industry association Fenalcarbon said on Wednesday the country's annual production could return to 90-million tons by 2030 if certain steps are taken, up from the group's 2026... 


Molten copper
Greater regulatory scrutiny no bar to mining mergers, bosses say
19th August 2026 By: Reuters

Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical... 


Copper mine in Chile
Mining operations in northern Chile continue despite heavy rains
Updated 3 hours ago By: Reuters

Major mining operations in northern Chile continued as usual on Wednesday despite the heavy rains that hit the northern part of the South American country. President Jose Antonio Kast visited the... 


Nyrstar incoming chairperson Dirk Tirez
Nystar NV announces new chairperson
Updated 2 hours 54 minutes ago By: Marleny Arnoldi

Belgium-based global multi-metals business company Nyrstar NV has announced the retirement of chairperson Martyn Konig effective August 21. The board has unanimously recommended that independent... 


Asia Broadband gold and silver processing facility in Mexico
Asia Broadband withdraws legal proceedings against market makers for now
Updated 2 hours 23 minutes ago By: Marleny Arnoldi

Mexico-focused gold and silver producer Asia Broadband has filed a voluntary notice of dismissal without prejudice regarding its civil against in the US District Court for the Central District of... 


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Graphite drill core
Canadian graphite developer Abasca confirms promising early economics for Loki
Updated 58 minutes ago By: Marleny Arnoldi

TSX-V-listed Abasca Resources highlights in an independent preliminary economic assessment (PEA) on the Loki flake graphite deposit, in Saskatchewan, the potential for a long-life 2 750 t a day... 


American Tungsten's newly acquired Del Sol refinery
American Tungsten subsidiary engages US Department of Energy for potential $18m funding
Updated 42 minutes ago By: Marleny Arnoldi

ASX-listed American Tungsten and Antimony's US subsidiary Trigg Minerals has been selected by the US Department of Energy (US DoE) for a potential financial award of up to $18-million. The US DoE... 


Capital provides integrated drilling and blasting services
Capital raises full-year revenue guidance on strong first-half performance
Updated 56 minutes ago By: Creamer Media Reporter

London-listed mining services group Capital has raised its full-year revenue guidance to between $430-million and $450-million, from the previous guidance of $410-million to $440-million, after a... 


Gold jewellery
India's Aditya Birla Capital to enter gold loan market, targets 1 000 branches
Updated 3 hours ago By: Reuters

Financial services company Aditya Birla Capital will enter India's gold loan market and plans to open about 1 000 dedicated branches over the next three years to expand its secured lending... 


World Gold Council launches Gold Dealer Assurance Standard
19th August 2026 By: Schalk Burger

Global organisation the World Gold Council has launched the Gold Dealer Assurance Standard (GDAS) – a global framework designed to strengthen trust and transparency in the retail gold market. The... 


Artisanal gold mining in Africa
Central African Republic artisanal gold mine collapses, killing more than 100
Updated 3 hours ago By: Reuters

More than 100 people were killed when an artisanal gold mine collapsed in Central African Republic on Tuesday, a senior official at a local mining association said. A prosecutor confirmed there had... 


Iron-ore piles
Singapore authorities begin looking into trader Radiant World
Updated 3 hours ago By: Bloomberg

Singapore’s police force has begun looking into Radiant World after receiving reports on the iron-ore trader, a spokesperson said on Thursday. A Radiant World spokesperson was not immediately... 


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Liquid gold
Sustained operations, profit recovery in focus for Goldplat
19th August 2026 By: Lumkile Nkomfe

Aim-listed Goldplat has reported that its two recovery operations have achieved a strong combined operating profit of £3.2-million for the quarter ended June 30. The company’s net finance cost and... 


Weak market conditions impact Kenmare’s financial performance
Weak market conditions impact Kenmare’s financial performance
19th August 2026 By: Sabrina Jardim

London-listed Kenmare Resources has reported that weak market conditions for its products, combined with the slower-than-expected commissioning of wet concentrator plant (WCP) A, continued to... 


World Gold Council launches Gold Dealer Assurance Standard
19th August 2026 By: Schalk Burger

Global organisation the World Gold Council has launched the Gold Dealer Assurance Standard (GDAS) – a global framework designed to strengthen trust and transparency in the retail gold market. The... 


Iron ore
BMI revises iron-ore price forecast downward to reflect weak global market activity, demand
19th August 2026 By: Lumkile Nkomfe

BMI, a Fitch Solutions company, is revising down its iron-ore forecast to an average of $99/t from $101/t previously, noting that strong downside risks remain as weak mainland Chinese activity... 


The Manganese Metal Company
Nersa approves discounted Eskom tariff for Manganese Metal Company
19th August 2026 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has confirmed the approval of a two-year Negotiated Pricing Agreement (NPA) between Eskom and Mpumalanga-based Manganese Metal Company (MMC).... 


Molten copper
Greater regulatory scrutiny no bar to mining mergers, bosses say
19th August 2026 By: Reuters

Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical... 


White Mesa Mill, in Utah
US rare earths producer Energy Fuels' terbium meets Japanese magnet maker qualification
19th August 2026 By: Marleny Arnoldi

TSX-listed, US-based rare earths producer Energy Fuels' terbium oxide has successfully passed all qualifications for use by one of the world's largest manufacturers of permanent magnets, in Japan.... 


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Magazine

Magazine round up | 14 August 2026
Magazine round up | 14 August 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

LOCOMOTIVE DELIVERY: Private railways company Traxtion has taken delivery of the first eight of 46 Wabtec C28 locomotives it is buying from KiwiRail in New Zealand for R1.8-billion. The shipment through the Port of Durban this month is the first of four planned shipments over the next two years. The procurement comes as South Africa undertakes market reforms aimed at increasing private sector participation in freight rail.
LOCOMOTIVE DELIVERY:

Private railways company Traxtion has taken delivery of the first eight of 46 Wabtec C28 locomotives it is buying from KiwiRail in New Zealand for R1.8-billion. The shipment through the Port of... 

Photo of Martin Creamer
Local development of value adding technology should be given more encouragement

New South African smelting technology that uses 70% less electricity has reached the commercialisation phase. Domestically advanced ultra-high-dense-media-separation processing is poised to... 

Photo of Terence Creamer
TSO close, but not yet

There is no question that President Ramaphosa’s endorsement of the Phase I report of the Eskom Restructuring Task Team (ERTT) is a key milestone in the ongoing reform of South Africa’s electricity... 

Business Leader

David Meintjes, CEO of Telviva, a South African market leader in cloud-based communications
David Meintjes

This week we profile David Meintjes, CEO of Telviva, a South African market leader in cloud-based communications  

COMPETITIVE PRESSURE: President Cyril Ramaphosa continues to drive for electricity competition as a way of addressing the structural problems that led to years of supply disruptions. His latest intervention in this regard was the endorsement of the Phase I report of the Eskom Restructuring Task Team. The report recommends establishing an independent Transmission System Operator (TSO) outside of Eskom, which is viewed as key to levelling the playing field. Much attention now will be on the timing of the grid-asset transfer to the TSO.
COMPETITIVE PRESSURE:

President Cyril Ramaphosa continues to drive for electricity competition as a way of addressing the structural problems that led to years of supply disruptions. His latest intervention in this... 

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Tsurumi Pumps Africa
Tsurumi Pumps Africa

Tsurumi Pumps Africa is a specialist supplier of Japanese-engineered submersible pumping solutions, serving customers across the African continent.

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Mitsubishi Chemical Group
Mitsubishi Chemical Group

Mitsubishi Chemical Advanced Materials South Africa (Pty) Ltd is a leading manufacturer of high-performance engineering plastics for the mining...

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