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Middle East

Saudis in talks with Pakistan on Reko Diq
Saudis in talks with Pakistan on Reko Diq
6th November 2023 By: Bloomberg

Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7-billion copper project jointly owned with Barrick Gold, according to the head of the mining company.... 


Barrick CEO Dr Mark Bristow.
Barrick’s Bristow spotlights obsessive dismissal of long-term nature of mining
3rd November 2023 By: Martin Creamer

The current global metals and minerals environment is reminiscent of 2015, when the mining industry stalled after a very good run – compounded this time, however, by inflation pressures, few or no... 


Menar MD Vuslat Bayoglu
South Africa has the skills to resolve the Transnet issue – Menar
3rd November 2023 By: Martin Creamer

South Africa has the skills to resolve the Transnet issue, says Vuslat Bayoglu, the MD of Menar, a private investment company with an actively managed and growing portfolio of mining assets... 


Stillwater mine in the US.
Sibanye-Stillwater continuing to assess operational positioning
2nd November 2023 By: Martin Creamer

With the global macroeconomic environment remaining challenging, Sibanye-Stillwater is continuing to assess the positioning of its operations for optimal performance and sustainability through the... 


BHP CEO Mike Henry.
Potash presenting BHP with exciting growth path, CEO tells AGM
1st November 2023 By: Martin Creamer

Johannesburg-listed diversified mining major BHP has an exciting growth path ahead in potash used in fertilisers essential for food security and more sustainable farming, the company’s CEO Mike... 


BurnStar CEO Dr Johan Brand with test reactor.
Hydrogen plant buildout plan under way at metals smelter in Rustenburg
1st November 2023 By: Martin Creamer

Work has begun on the development of a hydrogen plant at the smelting site in Rustenburg of Ironveld, the London Aim-listed speciality metals producer. The required funds have been raised to... 


A sign at an Anglo American office
John Heasley appointed Anglo American FD
1st November 2023 By: Creamer Media Reporter

John Heasley has been appointed FD of diversified mining group Anglo American with effect from December 1. This comes as Stephen Pearce, who has served as FD since April 2017, retires. 


Marula platinum group metals mining operation.
Implats implementing mitigating response to current PGMs price weakness
31st October 2023 By: Martin Creamer

Platinum group metals (PGM) mining and marketing company Implats is implementing a comprehensive operational and expenditure response to mitigate the current weakness in PGM pricing and the... 


Orion is developing three complementary base metal production hubs in the Northern Cape.
Orion advancing towards operational commencement at Prieska in Northern Cape
31st October 2023 By: Martin Creamer

Johannesburg- and Sydney-listed Orion Minerals has continued its transition to mine developer and operator at the Prieska copper/zinc mine in South Africa’s Northern Cape. The diversified base... 


The Chrysos PhotonAssay delivers fast, accurate gold analysis
Chrysos, MSALABS to provide PhotonAssay technology to Barrick's mine sites
31st October 2023 By: Creamer Media Reporter

ASX-listed Chrysos Corporation and International laboratory business MSALABS – a subsidiary of London-listed Capital – have entered into an agreement to provide Chrysos' PhotonAssay technology to... 


WGC senior analyst for Europe, the Middle East and Africa Krish Gopaul t
Third-quarter gold demand solid, as central bank buying is already ahead of 2022
31st October 2023 By: Marleny Arnoldi

Although central bank gold demand in the third quarter of the year fell short compared with the same quarter of last year, year-to-date demand reached a new record of 800 t. Central bank gold... 


A diamond mine operated by Alrosa
G7 plan to ban Russian diamonds to further dim industry sparkle
31st October 2023 By: Reuters

The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems, with consumers and producers battling to manage ever more complex supply chains against a backdrop of... 


Glencore chrome ore conveyance.
Full-year Glencore production guidance remains largely in line
30th October 2023 By: Martin Creamer

Full-year 2023 production guidance of London- and Johannesburg-listed diversified mining and marketing company Glencore remains largely in line with previous guidance. An exception is nickel,... 


Gold hits $2 000 as Israel-Hamas clash raises safe-haven allure
Gold hits $2 000 as Israel-Hamas clash raises safe-haven allure
28th October 2023 By: Bloomberg

Gold rose to $2 000 an ounce for the first time since May as concerns over conflict in the Middle East outweigh the impact of high bond yields. Israeli forces are expanding their activity in the... 


Arc Minerals chairperson Nick von Schirnding
Anglo, Arc agree $90m Zambia exploration joint venture
27th October 2023 By: Martin Creamer

London Aim-listed Arc Minerals on Friday closed out a joint venture (JV) agreement with Anglo American in a deal worth $90-million. Parties have completed the subscription of shares in the JV... 


FCEVs to reach 1.5m units by 2030
27th October 2023 By: Darren Parker

Fuel cell electric vehicles (FCEVs) are poised for rapid growth and are expected to reach nearly 1.5-million units globally by 2030, according to the World Platinum Investment Council (WPIC). 


Anglo American projects and development director Alison Atkinson.
Finland may be site of Anglo’s next greenfield mining project
27th October 2023 By: Martin Creamer

Sakatti, with its metal concentrations of platinum group metals (PGMs), copper, nickel, cobalt, and others, may be the site of the next greenfield project of diversified Johannesburg- and... 


South32 annual general meeting.
South32 continuing to investigate reducing Hillside Aluminium’s emissions intensity
26th October 2023 By: Martin Creamer

The long-term energy transition solutions on which South32 is focused are renewable energy and electrification. The Sydney-, Johannesburg- and London-listed diversified mining company has... 


Graphite ore
Tesla supplier Syrah expects more graphite buys ahead of China export ban
26th October 2023 By: Reuters

Australian producer Syrah Resources on Thursday said it expects buyers outside of China to step up their purchases of natural graphite before stricter export controls on the battery material came... 


Anglo American Strategy & Sustainability Director Helena Nonka.
Anglo carbon emissions cut by transition to 100% renewables in South America
25th October 2023 By: Martin Creamer

The transition of Anglo American to 100% renewable electricity supply across its South America operations has helped the London- and Johannesburg-listed diversified mining company to reduce its... 


Anglo American reports third-quarter production.
Anglo: copper production up, rough diamond production down
24th October 2023 By: Martin Creamer

The copper production of diversified mining company Anglo American increased by 42% in the third quarter owing to the ramping up of the new Quellaveco copper mine in Peru. However, this was offset... 


Saldanha Bay Transnet port terminal.
Anglo’s Kumba achieves iron-ore prices above benchmark in third quarter
24th October 2023 By: Martin Creamer

Iron-ore prices strengthened during the third quarter of this year despite a 7% increase in global iron-ore supply and thin steel mill margins. Steel production in China has In the year to date... 


Anglo American Platinum's Mogalakwena operation.
Anglo Platinum reports higher PGM sales volumes but much lower prices
24th October 2023 By: Martin Creamer

Anglo American Platinum on Tuesday reported an increase in the sales volumes of platinum group metals (PGMs) from production, excluding trading, in the three months ending September 30. Owing to a... 


An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The... 


South Africa Manganese's Hotazel mine in the Northern Cape.
South32 reports record quarterly production at South Africa Manganese
23rd October 2023 By: Martin Creamer

South Africa Manganese continued its strong performance in the three months to September 30, when it increased saleable production by 7% to a record 628 000 wet metric tonnes (wmt), South32... 


Copper drops to lowest since November as demand outlook darkens
Copper drops to lowest since November as demand outlook darkens
23rd October 2023 By: Bloomberg

Copper tumbled to the lowest in nearly eleven months, offering fresh evidence that soaring borrowing costs and slower spending are beginning to bite in all corners of the industrial economy.... 


Gold slips from 5-month peak as investors look to US economic data
Gold slips from 5-month peak as investors look to US economic data
23rd October 2023 By: Reuters

Gold prices retreated from last session's five-month peak on Monday as the US dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs... 


Zimbabwe’s biggest diamond miner shifts sales to Dubai auctions
20th October 2023 By: Bloomberg

Zimbabwe’s biggest diamond producer has shifted almost all of its sales to Dubai, targeting cutters, polishers and traders and eliminating middlemen. Zimbabwe Consolidated Diamond Co. has auctioned... 


Quinton Van der Burgh
South Africa’s QGC secures $1bn for push into green metals
20th October 2023 By: Bloomberg

Q Global Commodities, owned and run by South African coal investor Quinton Van der Burgh, has agreed a partnership with Abu Dhabi’s F9 Capital Management to invest $1-billion in mines producing... 


Gold scales 3-month peak as Middle East conflict spurs demand
Gold scales 3-month peak as Middle East conflict spurs demand
20th October 2023 By: Reuters

Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve's rate hikes... 


Lion ferrochrome smelter.
Merafe reports 21% lower ferrochrome production in first nine months
20th October 2023 By: Martin Creamer

Third-quarter attributable ferrochrome production of Merafe Resources from the Glencore Merafe Chrome Venture was 40 000 t, which resulted in a production decrease of 21% for the first nine months... 


Envusa's energy trading area.
Anglo's Envusa applies to trade 520 MW of green electricity with seven operations
19th October 2023 By: Martin Creamer

Renewables company Envusa Energy, which is owned jointly by Anglo American in partnership with EDF Renewables, this week lodged an application for a licence to trade electricity in South Africa’s... 


Taliban says plans to formally join China's Belt and Road Initiative
19th October 2023 By: Reuters

The Taliban administration wants to formally join Chinese President Xi Jinping's huge 'Belt and Road' infrastructure initiative and will send a technical team to China for talks, Afghanistan's... 


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