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DRDGOLD CEO Niël Pretorius.
DRDGOLD CEO Niël Pretorius.
DRDGOLD production up 10%, operating profit up 42%, free cash inflow R725m
20th October 2026 By: Martin Creamer

Gold tailings mining company DRDGOLD has reported a strong start to its 2027 financial year (FY27), with higher gold production, improved yields and stronger operating profit for the quarter ended September 30. Gold production increased despite a... 


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Magazine round up | 16 October 2026
Magazine round up | 16 October 2026
16th October 2026
Resources Watch
Resources Watch
14th October 2026

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Latest News

Gold Dealer Assurance Programme designed to boost trust in global retail gold market
Gold Dealer Assurance Programme designed to boost trust in global retail gold market
20th October 2026 By: Sabrina Jardim

The British Standards Institution (BSI) has launched the Gold Dealer Assurance Programme (GDAP) as an independently operated global programme designed to strengthen trust and transparency in the... 


EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says
20th October 2026 By: Reuters

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according to a new Arctic strategy presented by the European Commission... 


Lithium ore
Australia's Lithium Plus outlines simple, quick returns lithium operation for Bynoe
20th October 2026 By: Marleny Arnoldi

ASX-listed Lithium Plus Minerals has outlined a rapid development pathway and high returns for the Bynoe lithium project, in Australia's Northern Territory. The company finds in a scoping study... 


Osisko Metals' Gaspé copper project
Evolve increases exposure to copper through seven new royalty assets in Canada
20th October 2026 By: Marleny Arnoldi

Vancouver-based Evolve Royalties has entered into binding agreements with certain private royalty holders pursuant to which Evolve will acquire a portfolio of five royalties and two rights to be... 


Neo Performance Materials' magnet plant in Estonia
Neo secures €126m grant from EU Innovation Fund ahead of permanent magnet scale-up
20th October 2026 By: Marleny Arnoldi

TSX-listed permanent magnet producer Neo Performance Metals has secured an EU Innovation Fund grant for up to €126-million, or $141-million. The funding will support an expanded rare earth magnet... 


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Tamboran drilling in the Beetaloo Basin
Natural gas producer Tamboran adds MD role for CEO Abbott
20th October 2026 By: Marleny Arnoldi

NYSE- and ASX-listed Tamboran Resources has appointed Todd Abbott MD in addition to his role as CEO effective immediately. He retains 25 years of upstream oil and gas experience spanning... 


ExxonMobil oil and gas infrastructure
Upstream energy investor EnCap secures $3.5bn commitments for EnCap Minerals continuation vehicle
20th October 2026 By: Marleny Arnoldi

Houston-based private equity firm EnCap Investments has successfully closed a continuation vehicle for EnCap Minerals and Rock River Minerals - together EnCap Minerals - with aggregate capital... 


Coal mine in Australia
China's Australian coal imports surge to six-year high
20th October 2026 By: Reuters

China's coal imports from Australia surged in September to their highest level since April 2020, before Beijing's unofficial ban on Australian coal imports disrupted trade, customs data showed on... 


Westwin Elements demo nickel plant
High-purity nickel producer Westwin secures extended offtake with Traxys worth $3.9bn
20th October 2026 By: Marleny Arnoldi

US-based nickel refiner Westwin Elements has announced an amended agreement with metals trader Traxys whereby Westwin may extend its existing feedstock and nickel offtake arrangements with Traxys... 


Boats and ships near the Strait of Hormuz
Hormuz could be 'redundant' in five years, replaced by new routes, HSBC CEO says
20th October 2026 By: Reuters

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz "redundant" in the next five years, HSBC Group CE Georges Elhedery said... 


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South Crofty tin mine
Cornish proposes £135m financing, secures tin offtake agreement with Glencore
20th October 2026 By: Marleny Arnoldi

Aim-listed Cornish Metals is undertaking a proposed financing to raise £135-million, which will be available to new and existing institutional investors. The company has announced conditional... 


Glencore's Antapaccay mine
Glencore secures land access agreement for Coroccohuayco expansion project in Peru
20th October 2026 By: Marleny Arnoldi

Diversified miner Glencore's Peruvian subsidiary Antapaccay has completed the access agreements required for the last blocks of land to unlock the brownfield Coroccohuayco copper project in... 


Hindustan Zinc's Debari smelter
India's Hindustan Zinc records two-fold profit jump, cuts annual production cost forecast
20th October 2026 By: Reuters

The world's largest integrated zinc producer Hindustan Zinc posted a more than two-fold jump in quarterly profit on Monday, helped by higher metal prices, while cutting its annual zinc production... 


Cleveland-Cliffs operation
Cleveland-Cliffs shares jump on raising 2027 outlook, first quarterly profit in 2 years
20th October 2026 By: Reuters

US steelmaker Cleveland-Cliffs raised its 2027 core profit forecast on Monday, after stronger prices and lower costs helped it post its first quarterly profit in more than two years. Shares of... 


Anglo's Quellaveco mine
Anglo sticks to copper forecast after snow in Chile hits quarter
20th October 2026 By: Reuters

Anglo American reported a 5% fall in third-quarter copper production on Tuesday after record snowfall in Chile, but maintained its 2026 forecast for the metal and raised its diamond production... 


Sector News

Magazine

Magazine round up | 16 October 2026
Magazine round up | 16 October 2026

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

Transnet Pipelines has invited private entities to bid to operate and maintain five strategic fuel storage facilities located in three provinces for lease terms of not less than ten years. The inland facilities include the Bethlehem, Kroonstad and Magdala liquid petroleum depots in the Free State, the Ladysmith fuel storage facility in KwaZulu-Natal and the Standerton petroleum depot in Mpumalanga. The bid submission deadline has been set as December 4.
FUEL STORAGE

Transnet Pipelines has invited private entities to bid to operate and maintain five strategic fuel storage facilities located in three provinces for lease terms of not less than ten years. The... 

Photo of Martin Creamer
Merit appointments within local government sphere are an absolute must

Demand for meritocracy within South Africa’s struggling local governments must be emphasised with more force than ever before. Coming with those merit appointments must be insistence on far more... 

Photo of Terence Creamer
AI preparedness

The extraordinary pace at which AI is advancing is at once exciting and terrifying. Exposure to the public-facing systems leaves one blown away by the speed and accuracy of the outputs. These... 

Business Leader

Avhurengwi Nengovhela, CEO of Coaltech Research Association
Avhurengwi Nengovhela

This week we profile Avhurengwi Nengovhela, CEO of Coaltech, the South African coal industry's collaborative research association funded by members to commission applied research with universities... 

South Africa is entering the final weeks of campaigning ahead of what is poised to be a highly competitive local government election. Unlike the national and provincial polls, when ideological positions and political allegiances often dominate, voters on November 4 are likely to be far more motivated by their real experiences of service delivery, or the lack thereof. For many, the upcoming vote is about improved roads, reliable water, affordable electricity, and consistent waste management. Not to mention clean governance.
LOCAL FOCUS

South Africa is entering the final weeks of campaigning ahead of what is poised to be a highly competitive local government election. Unlike the national and provincial polls, when ideological... 

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pqt: 0.026s - ct: 0.092s - 114pq - 3rq
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