The emerging use of electrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group... 

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold, people with knowledge of the matter said. Manara Minerals Investment,... 

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 

Canada-headquartered Barrick Gold has announced its preliminary figures for the first quarter of 2024, reporting gold output of 940 000 oz and copper output of 40 000 t. Gold production fell by... 

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 

New York- and Toronto-listed Platinum Group Metals, which is emerging in South Africa’s Waterberg, on Tuesday provided an update on its new light battery technology that points to increasing... 

China's coal output fell 4.2% in March, statistics bureau data showed on Tuesday, as miners cut back production on lower demand from power generators and ample inventories of the fuel limited... 

Gold is set to reach $3 000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup said,... 

Vancouver-based OceanaGold has obtained regulatory approvals for an initial public offering (IPO), which will involve 20% of the outstanding shares of its Philippines subsidiary. The Phillippine... 

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong... 

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 

Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the weekend drove demand for haven assets. Bullion traded near a record high set on Friday as the conflict in the... 

Metal markets analyst Dr David Davis, who passed away this week at the age of 77, was closely associated with the platinum, gold and uranium mining and investment for more than four decades.  Known... 

Copper continued its upwards charge, hitting the highest level in 22 months, as investors bet that curtailed mine supply will struggle to keep up with resurgent global demand. Copper has found... 

China will build more coal mines in its push for higher domestic supply and to tame price increases, according to the National Development and Reform Commission. The world’s biggest coal producer... 

Gold touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data. Bullion climbed as much as 1% to $2 395.48 in early Asia hours.... 

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 

The world's coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published... 

Representatives of the producers of 90% of the world’s climate-vital platinum group metals (PGMs) heard during Wednesday’s PGMs Industry Day that market development of the full PGMs basket – and... 

Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2 352.78... 

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 

Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project. The accords provide funds for rail... 

A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is... 

Nasdaq- and TSX-listed Perpetua Resources has received a letter of interest from the Export-Import Bank of the US (Exim), signalling a step forward in its financing endeavours for the Stibnite gold... 

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up...