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        <title>Mining Weekly | Home</title>
        <description><![CDATA[Mining Weekly covers real-time news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals.]]></description>
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            <title>AngloGold delivers record free cash flow</title>
            <link>https://www.miningweekly.com/article/anglogold-delivers-record-free-cash-flow-2026-05-08</link>
            <description><![CDATA[The record first-quarter (Q1) free cash flow of $1.2-billion delivered by AngloGold Ashanti is almost triple the Q1 2025 amount, following steady performances from most of its operating assets and the continued high gold price. The company, headed by CEO Alberton Calderon, remains on track to meet its 2026 annual guidance. (Also watch attached Creamer Media video.)]]></description>
            <author>Martin Creamer</author>
            <category>GOLD</category>
            <pubDate>Fri, 08 May 2026 16:18:00 +0200</pubDate>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>AngloGold Ashanti CEO Alberton Calderon.</image_title>
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        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/96556_2026-05-08_angloashanti_-_3.mp4</url><size>45723457</size><title>AngloGold Ashanti, headed by CEO Alberton Calderon, remains on track to meet its 2026 annual guidance.</title></attachment></attachments>
        <media:group><media:content url="https://cisp.cachefly.net/assets/articles/attachments/96556_2026-05-08_angloashanti_-_3.mp4" fileSize="45723457" type="video" medium="video" expression="full"><media:description type="plain">AngloGold Ashanti, headed by CEO Alberton Calderon, remains on track to meet its 2026 annual guidance.</media:description></media:content></media:group>
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            <title>Sibanye-Stillwater prices oversubscribed $500-million notes offering</title>
            <link>https://www.miningweekly.com/article/sibanye-stillwater-prices-oversubscribed-500-million-notes-offering-2026-05-08</link>
            <description><![CDATA[Green metals and gold mining company Sibanye-Stillwater on Friday May 8 took another step to strengthen its balance sheet, extend its debt maturity profile, and enhance its financial flexibility. The Johannesburg- and New York-listed company did so through the pricing of a new oversubscribed $500-million senior notes offering due in 2031, issued through the group’s wholly owned Sibanye-Stillwater UK Financing plc as a single tranche of $500-million, maturing in five and a half years at a 6.25% per annum coupon.]]></description>
            <author>Martin Creamer</author>
            <category>PLATINUM GROUP METALS</category>
            <pubDate>Fri, 08 May 2026 11:52:00 +0200</pubDate>
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        <updated>1778236284</updated>
        <published>1778233920</published>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>Sibanye-Stillwater has a diverse portfolio of operations, projects and investments across five continents.</image_title>
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            <title>Hillside’s marks 30 years amid push for long-term power solution</title>
            <link>https://www.miningweekly.com/article/hillsides-marks-30-years-amid-push-for-long-term-power-solution-2026-05-08</link>
            <description><![CDATA[ Diversified miner South32’s Hillside Aluminium smelter in Richards Bay, KwaZulu-Natal, could continue operating for another 20 to 30 years if a competitive long-term electricity agreement is secured with State-owned power utility Eskom.

This was stated by South32 executives at a gala event to celebrate the smelter's 30 years in operation.

During a media briefing, South32 CEO Graham Kerr said the decision to build the Hillside Aluminium smelter in the early 1990s required courage and belief in South Africa’s future at a time of political and economic uncertainty, adding that the smelter has since become a key contributor to industrialisation, employment and regional economic development.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>ALUMINIUM</category>
            <pubDate>Fri, 08 May 2026 20:25:00 +0200</pubDate>
        <a_id>720907</a_id>
        <updated>1778265310</updated>
        <published>1778264700</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>RBM hosts Ramaphosa during landmark visit as company marks 50 years</title>
            <link>https://www.miningweekly.com/article/rbm-hosts-ramaphosa-during-landmark-visit-as-company-marks-50-years-2026-05-08</link>
            <description><![CDATA[Mining giant Rio Tinto’s subsidiary Richards Bay Minerals (RBM) hosted president Cyril Ramaphosa during his visit to the Richards Bay region on May 7, marking his first official visit to the company’s operations. As RBM celebrates its fiftieth anniversary, the company expresses that the visit provided a pivotal moment to reflect on its historical impact in the region, its role as a key contributor to the South African economy and the company's future trajectory.]]></description>
            <author>Sabrina Jardim</author>
            <category>MINERAL SANDS</category>
            <pubDate>Fri, 08 May 2026 15:18:00 +0200</pubDate>
        <a_id>720896</a_id>
        <updated>1778248866</updated>
        <published>1778246280</published>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>President Cyril Ramaphosa</image_title>
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            <title>Petra mulls options for Finsch mine amid cost pressures, suspends production guidance at Cullinan </title>
            <link>https://www.miningweekly.com/article/petra-mulls-options-for-finsch-mine-amid-cost-pressures-suspends-production-guidance-at-cullinan-2026-05-08</link>
            <description><![CDATA[London-listed Petra Diamonds has embarked on an immediate cost and capital expenditure (capex) reduction assessment to preserve liquidity across the group and is considering suspending further capex at its Finsch mine in South Africa, owing to cost pressures. In an operational update to shareholders for the quarter ended March 31 – the third quarter of Petra’s 2026 financial year – the group notes that while sales for the period increased to $68-million, supported by the sale of a 41.82 ct Type IIb blue diamond, pricing remains under pressure especially across the smaller size fractions within the product mixes at both the mines.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>DIAMONDS</category>
            <pubDate>Fri, 08 May 2026 10:52:00 +0200</pubDate>
        <a_id>720848</a_id>
        <updated>1778250315</updated>
        <published>1778230320</published>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Finsch mine </image_title>
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            <title>Successful Karowe financing strategy ensures ‘transformational’ quarter for Lucara</title>
            <link>https://www.miningweekly.com/article/successful-karowe-financing-strategy-ensures-transformational-quarter-for-lucara-2026-05-08</link>
            <description><![CDATA[Diamond miner Lucara Diamond Corporation has reported a ‘transformational’ first quarter of the year, with the successful completion of its equity and bond financings for the Karowe underground project (UGP), in Botswana, having strengthened the company's balance sheet and positioned it for long-term value creation. The company has reported revenue of $21.8-million for the three months ended March 31, from a higher proportion of stockpile processing during the period owing to unseasonal weather having impacted openpit mining.]]></description>
            <author>Sabrina Jardim</author>
            <category> Breaking News</category>
            <pubDate>Fri, 08 May 2026 12:38:00 +0200</pubDate>
        <a_id>720870</a_id>
        <updated>1778237896</updated>
        <published>1778236680</published>
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        <editor>Marleny Arnoldi</editor>
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        <image_title></image_title>
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            <title>Masterclass unpacks global mining waste opportunity </title>
            <link>https://www.miningweekly.com/article/masterclass-unpacks-mining-waste-opportunity-2026-05-08</link>
            <description><![CDATA[As traditional ore grades continue to decline and global demand for critical minerals increases, historic tailings dams and mine waste deposits present strategic, high-value resource assets, with the potential to turn mining waste from an environmental liability into a multitrillion-dollar economic opportunity, and South Africa stands to benefit from this with its resources. This was noted by Northbound Processing MD Dr Duarte da Silva, presenting at the Investment Analysts Society of South Africa Masterclass: “Circular capitalism: unlocking the $3.4-trillion opportunity in mining waste”, at the University of the Witwatersrand, on May 6.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>MINING WASTE</category>
            <pubDate>Fri, 08 May 2026 12:53:00 +0200</pubDate>
        <a_id>720873</a_id>
        <updated>1778244347</updated>
        <published>1778237580</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Northbound Processing MD Dr Duarte da Silva, presenting at the Investment Analysts Society of South Africa Masterclass </image_title>
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            <title>Minerals Council hosts Missing Persons Locator Systems Day of Learning</title>
            <link>https://www.miningweekly.com/article/minerals-council-hosts-missing-persons-locator-systems-day-of-learning-2026-05-08</link>
            <description><![CDATA[Industry organisation the Minerals Council South Africa on May 8 hosted the Missing Persons Locator Systems Day of Learning Workshop, aimed at enhancing safety, improving emergency response capabilities and saving lives. The workshop brought together representatives from organised labour, mining companies, regulators, technology providers and safety experts to share leading practices, innovative technologies and lessons learned in locating persons who go missing during mining incidents.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>MINE SAFETY</category>
            <pubDate>Fri, 08 May 2026 12:07:00 +0200</pubDate>
        <a_id>720860</a_id>
        <updated>1778236452</updated>
        <published>1778234820</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Minerals Council safety and sustainable development head Dushendra Naidoo </image_title>
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