We’ve delivered strong second-quarter production – Anglo CE

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 

Anglo Platinum anticipating 15% to 25% lower half-year earnings

The basic earnings and earnings per share of platinum group metals (PGM) mining company Anglo American Platinum for the first six months of this year are anticipated to be between 15% and 25% lower... 

Kumba Iron Ore expecting half-year earnings to be 24% to 29% lower

The basic earnings of iron-ore mining company Kumba for the six months to June 30 are expected to between 24% and 29% lower than for the first six months of last year. The decreased R6 847-million... 

Petra Diamonds focusing on refinancing $250-million loan notes

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 

Minerals Council VP spells out platinum production decline expectation to Shanghai

Under current market conditions, many platinum mines will close prematurely due to a lack of financial resources – and even without financial constraint, closure of depleting mines will result in... 

Petra expects diamond prices to show modest recovery in 2025

With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery... 

Green ammonia ousting coal in power stations, R105bn hydrogen developer reports

Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development... 

Shanghai Week's platinum futures poised to manage price risk, boost demand

Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment... 

Platinum mine developer working with govt on export of concentrate to Saudi Arabia

Toronto- and New York-listed Platinum Group Metals, the near-term objectives of which are to advance the Waterberg project in Limpopo to a development and construction decision, is working with the... 

On-The-Air (12/07/2024)

Martin Creamer talks about mineral and stock exchange strength and mining collab. 

Anglo spearheading exciting new clean hydrogen mobility initiative across Europe

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 

Business model of Western mining industry needs new power, London Indaba highlights

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 

Faster economic growth is a must because it serves the interests of everyone

It has been estimated that an increase in gross domestic product (GDP) from 1% to 2.5% would create an additional 21-million jobs within a decade and add something like R330-billion a year to the... 

Mining’s dormant gold analyser seen as potential gold optimiser with help of today’s tech

For 30 years, 800 people at the now defunct Chamber of Mines Research Organisation (COMRO) devoted intense ongoing effort to research and development to advance mining in general and gold mining in... 

South Africa's mineral endowment, public market advantages must be put to work, Utshalo insists

With South Africa's mineral endowment and its public capital markets being two of its greatest advantages, both need to be put to work in a manner that is common in other global mining... 

Collaboration opens way for smaller investors to buy into Northern Cape copper opportunity

When South African listed companies raise money locally, they rarely include smaller shareholders. Now, collaboration between Johannesburg- and Sydney-listed Orion Minerals, headed by CEO Errol... 

Shanghai Platinum Week highlights unique platinum, palladium futures innovation

Platinum and palladium have been spotlighted on day two of Shanghai Platinum Week, where South Africa is well represented by Minerals Council South Africa as well as platinum group metals (PGM)... 

Platinum still playing key role in hydrogen carrier’s journey towards competitiveness

Thrifted platinum is continuing to play its critical catalytic role in the significant strides that have been made towards making liquid organic hydrogen carrier (LOHC) competitive, SherLOHCk... 

On-The-Air (05/07/2024)

Martin Creamer talks about platinum, new mining technologies and SA's GNU.  

More than half-million ounces flow into platinum ETFs in two months in UK

Over the course of April and May, an inflow of more than half a million ounces of platinum poured into exchange-traded fund (ETF) holdings in the UK, the biggest since South Africa’s ETF initial... 

South Africa now a compelling world investment story, upbeat Orion highlights

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the... 

Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 

Thungela planning R3.9bn capex in South Africa

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 

All South Africans must put shoulder to wheel to create essential economic growth

South Africa’s national debate must be centred mainly on growing our economy as inclusively and as effectively as possible and this must be coupled to patriotic country-wide action at public sector... 

Pace of platinum-enabled green hydrogen adoption building up steadily worldwide

The pace of platinum group metals- (PGM-) enabled green hydrogen generation and clean PGM-catalysed fuel cell electricity adoption is building up steadily worldwide. In a global online... 

Renewables component of DRC gold mine’s energy mix to hit 85% next year

The reputation of the large Kibali gold mine, run by Barrick Gold in the Democratic Republic of Congo (DRC), is being significantly enhanced by its far-reaching contribution to the development and... 

High hopes for potentially game-changing technology at platinum group metal mines

Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put... 

Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

On-The-Air (28/06/2024)

Martin Creamer talks about new clean hydrogen transport technology and mining growth. 

South Africa will be well represented at Shanghai Platinum Week, Minerals Council assures

South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event... 

Copper 360 on home straight to produce quite a bit of cash, CEO reports

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom... 

Reserve Bank concern about decline of public markets a welcome development – Miller

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 

TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further

A 15-year agreement involving the supply of an initial 70 000 t of green hydrogen a year has been signed by TotalEnergies and Air Products. TotalEnergies, which is active in some 120 countries and... 

Improved economy, good job creation, much better service delivery are GNU musts

What South Africans must collectively demand from the Government of National Unity (GNU) is commitment to interventions that lift the performance of the South African economy, attract investment,... 

Mining needs one-stop regulatory environment to boost growth – Minerals Council

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 

Mining central to South Africa’s socioeconomic wellbeing, AGM hears

Given its far-reaching multiplier effect, mining is the epicentre of South Africa’s economy and social wellbeing and has been at the heart of its economic progress and development for much of this... 

Anglo spearheading exciting new clean hydrogen mobility initiative across Europe

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 

Business model of Western mining industry needs new power, London Indaba highlights

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 

Johannesburg-listed Jubilee gains two more Zambia copper mining operations

Johannesburg- and London-listed Jubilee Metals has acquired two opencast Zambia copper mining operations. “The strategic acquisition of the two opencast operations is an example of our ability to... 

On-The-Air (21/06/2024)

Martin Creamer discusses investment stories and clean, green electricity.