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Gold heads for weekly loss on strong US economic data
28th July 2023 By: Reuters

Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient US economy soured bets for a dovish tilt in US monetary... 


De Beers Group CFO Sarah Kuijlaars.
Strong half-year De Beers production in tough macro environment
28th July 2023 By: Martin Creamer

The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond... 


Vale sells 13% of its base metals unit for $3.4bn
Vale sells 13% of its base metals unit for $3.4bn
28th July 2023 By: Mariaan Webb

In a strategic move to accelerate growth in its energy transition metals platform, Brazilian major Vale on Thursday announced the sale of a 13% interest in its base metals unit for $3.4-billion.... 


Anglo American CE Duncan Wanblad.
Southern Africa is now Anglo’s only business region not on renewable energy
27th July 2023 By: Martin Creamer

Southern Africa is now the only region in the Anglo American business fold that is not on renewable energy because the company cannot go to a market and acquire that energy in the same way that it... 


New Anglo American Platinum CEO Craig Miller.
Craig Miller is new Anglo American Platinum CEO
27th July 2023 By: Martin Creamer

Anglo American Platinum FD Craig Miller is the new CEO of Anglo American Platinum, with effect from October 1. This follows incumbent CEO Natascha Viljoen’s decision in February 2023 to take up the... 


JPMorgan sees gold charging to records in 2024 as Fed cuts rates
JPMorgan sees gold charging to records in 2024 as Fed cuts rates
26th July 2023 By: Bloomberg

JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2 000 an ounce by year-end and hit fresh records in 2024 as interest rates start... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview.... 


Department of Mineral Resources Regional Manager Siyabonga Vezi (left) and Pan African Resources CEO Cobus Loots at the official sod-turning ceremony for the construction of the R2.5-billion Mogale Tailings Retreatment project.
Mogale gold-from-dumps project takes off on West Rand
25th July 2023 By: Martin Creamer

The official sod-turning ceremony for the Mogale Tailings Retreatment project on Gauteng's West Rand took place on Tuesday, July 25. The R2.5-billion project, near Krugersdorp and Kagiso, received... 


Deep-sea mining authority targets 2025 for regulations
25th July 2023 By: Bloomberg

The International Seabed Authority (ISA) on Friday reached an agreement that gives the United Nations-affiliated regulator breathing room to finish rules for strip-mining deep ocean ecosystems for... 


Anglo American Platinum FD Craig Miller.
Hydrogen economy momentum building, Anglo American Platinum FD reports
24th July 2023 By: Martin Creamer

Momentum is building in the hydrogen economy, which is important for the planet and for platinum group metals (PGMs), Anglo American Platinum FD Craig Miller said on Monday. “There have been over 1... 


Outgoing Anglo American Platinum CEO Natascha Viljoen.
Opencast production expected at Anglo Platinum’s Middelaagte mine by year-end
24th July 2023 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) is finalising the permitting process for the future opencast Middelaagte mine, one of three areas of the... 


Anglo Platinum FD Craig Miller.
Anglo Platinum declares R3bn half-year dividend, spending R3bn on growth capex
24th July 2023 By: Martin Creamer

Platinum group metals (PGM) mining and marketing company Anglo American Platinum on Monday declared an interim dividend after achieving results in line with changed guidance. An interim dividend of... 


ECS Associates MD Mile Sofijanic.
ECS partnering Anglo Platinum in delivery of mining company’s project pipeline
21st July 2023 By: Martin Creamer

Integrated procurement and project management needs to be actively adopted by South Africa’s private and public sectors to ensure optimal return on investment, job creation, skills development, and... 


Chinese researchers considering more ways to manage diabetes using platinum
21st July 2023 By: Marleny Arnoldi

Platinum continues to demonstrate its importance in medical applications, particularly in continuous glucose monitoring devices that enable people to manage their Type 1 and 2 diabetes in... 


Glencore CEO Gary Nagle.
Glencore expects 2023 marketing earnings to beat guidance
21st July 2023 By: Martin Creamer

Diversified mining and marketing company Glencore expects this year’s marketing earnings to exceed the top end of its guidance range. The London- and Johannesburg-listed producer and marketer of... 


At international deep sea mining meeting, debate moves behind closed doors
At international deep sea mining meeting, debate moves behind closed doors
21st July 2023 By: Bloomberg

Delegates to the UN-affiliated organization that regulates seabed mining cut a livestream of their negotiations Wednesday and retreated behind closed doors in an attempt to resolve a dilemma the... 


Anglo’s second-quarter production up 11%
20th July 2023 By: Martin Creamer

Diversified mining company Anglo American lifted second-quarter production by 11% compared with the second quarter in 2022, reflecting the ramp-up of its new Quellaveco copper mine in Peru, which... 


Two Rivers platinum group metals operation.
Big platinum group metals pull in return for small fuel cell car market push
20th July 2023 By: Martin Creamer

If fuel cell electric vehicles can capture 10% of the global car market, demand will be created for five-million to six-million ounces of incremental platinum group metals (PGMs) a year, this... 


Energy transition faces metals gap unless investment rises, report finds
20th July 2023 By: Reuters

 Rapid demand growth as a result of the energy transition could lead to a shortage of several metals in the next decade unless investment is increased, a global group of energy producers, consumers... 


Anglo American Platinum Projects and Environment Executive Head Prakashim Moodliar.
South Africa dare not fail in securing future demand for platinum
19th July 2023 By: Martin Creamer

South Africa dare not fail in securing future demand for its ‘incredible’ platinum group metals (PGM) endowment, the Hydrogen Economy Discussion heard on Wednesday. Anglo American Platinum projects... 


Impala Platinum's 16 Shaft in Rustenburg.
Impala Platinum taking steps to develop solar energy plant in Rustenburg
19th July 2023 By: Martin Creamer

Impala Platinum on Wednesday announced its intention to develop a 100 MW-plus solar energy plant at its platinum group metals operations in North West province. The subsidiary of the Johannesburg... 


UAE delegation signs $1.9bn mining partnership with Congo
18th July 2023 By: Bloomberg

A delegation of United Arab Emirates officials signed a $1.9-billion partnership to develop several mines in eastern Democratic Republic of Congo. The deal was signed Monday with state miner... 


Shumba cofounder, chairperson and director Alan Clegg.
As gold demand rises, South Africa has opportunity to recover 30Moz of gold from dumps
18th July 2023 By: Martin Creamer

With demand for gold currently off the charts, South Africa has a huge opportunity to recover gold from its surfeit of gold mine dump material at relatively high speed, a mining event in the Golden... 


Employees in rubber boots
ICMM member companies report lower fatalities for 2022
18th July 2023 By: Cameron Mackay

Global body the International Council on Mining and Metals (ICMM) reveals that its member companies lost 33 people in work-related incidents during 2022. This compares with the 45 fatalities in... 


Tunnel at Anglo American Platinum’s Mogalakwena mine.
Anglo Platinum's half-year earnings expected to be sharply down
17th July 2023 By: Martin Creamer

The earnings of Anglo American Platinum (Amplats) for the first half of this year are expected to be sharply down. Headline earnings and headline earnings per share (HEPS) are likely to decrease by... 


Platinum Group Metals CEO Frank Hallam.
Platinum group metals company assessing economic feasibility of furnace and refinery
14th July 2023 By: Martin Creamer

Toronto- and New York-listed Platinum Group Metals (PTM) is assessing the economic feasibility of constructing a matte furnace and base metal refinery in South Africa, either with or without... 


Northam Platinum CEO Paul Dunne.
Northam Platinum reports production uplift
14th July 2023 By: Martin Creamer

In a voluntary update, platinum group metals mining company Northam Platinum reports that a key feature of its financial year has been the strong production performance and contribution from all of... 


Magazine cover story
High rand gold price only one part of the story for SA miners
14th July 2023 By: Sabrina Jardim

Amid global geopolitical uncertainties, concerns about lower economic growth and rising inflation, gold has reinforced its position as a safe-haven asset for investors, and the World Gold Council... 


Rare earths prices sink to lowest since 2020 as China ramps up supply
Rare earths prices sink to lowest since 2020 as China ramps up supply
13th July 2023 By: Reuters

Prices for rare earths sank to their lowest since late 2020 this week as soft demand from green energy companies and the automotive sector combined with rising supply from top producer China,... 


Copper 360 CEO Jan Nelson.
Copper 360 launching Camborne-modelled mining school in Northern Cape
12th July 2023 By: Martin Creamer

Northern Cape copper mining and marketing company Copper 360 is launching a mining school in the Northern Cape, with its eye on how the highly successful Camborne School of Mines in the UK does... 


A showdown in Jamaica is deciding the fate of the deep ocean
12th July 2023 By: Bloomberg

In June, the United Nations approved a landmark treaty to preserve ocean biodiversity, seeming to augur a transformation in how countries and corporations do business on the high seas. But as the... 


Deep-sea mining: a new gold rush or environmental disaster?
Deep-sea mining: a new gold rush or environmental disaster?
11th July 2023 By: Reuters

In the depths of the Pacific Ocean between Mexico and Hawaii, trillions of potato-shaped rocks are scattered across the seabed - containing minerals such as nickel, cobalt and manganese vital for... 


Qala Shallows.
IDC expresses interest in helping to fund Joburg’s West Wits gold project
11th July 2023 By: Martin Creamer

South Africa’s State-owned Industrial Development Corporation (IDC) has issued a written expression of interest and indicative funding terms in connection with the financing of Qala Shallows, which... 


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