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Gold rose to another record high — after surging almost 2% to an all-time peak on Thursday — as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. Bullion...
JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and...
The mining industry is currently one of the most significant contributors to planet-warming emissions — but it's on track to become one of the most important sectors for a net-zero future. Annual...
The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125...
Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its...
Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)...
Iron-ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth. Futures for...
The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock...
Precious metals consultancy Metals Focus finds that combined Scope 1 and 2 greenhouse gas (GHG) emissions from gold mining companies decreased by 5.4% year-on-year in 2023, amounting to 27 249...
What Harmony Gold has achieved in the 12 months to June 30 is incredible with the true driver of value being quality gold ounces and a display of capability in regions beyond South Africa, upbeat...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
The most consequential action that price-hit platinum group metals (PGM) producers can take as an industry is the stimulation of demand. “But the issue is, are we doing enough to advance the...
The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
Amid an operating environment constrained by macroeconomic headwinds and low prices for platinum group metals (PGMs), Implats delivered guided production volume and cost control in the 12 months to...
The provision of more renewable energy at the South Deep gold mine 50 km south-west of Johannesburg is under intense scrutiny by Gold Fields, which describes the mine’s two-year-old 50 MW solar...
In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy...
Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The...
South African gold mining major Harmony Gold has been elevated to new heights owing to sustained operational excellence, high recovered grades and record gold prices. In the 12 months to June 30,...
Major Chinese copper and gold producer Zijin Mining Group said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions. Net...
Johannesburg- and New York-listed Gold Fields said on Friday that it is taking steps to set up its big South Deep gold mine on Gauteng’s West Rand for the long-term production of quality gold...
Market analysis firm BMI, a Fitch Solutions company, has revised down its 2024 iron-ore price forecast from an average of $120/t to $110/t, as subdued demand in mainland China amid the ongoing...
Societe Generale SA is withdrawing from the London Metal Exchange’s open-outcry trading floor, in a move that will raise fresh questions about the viability of the iconic “Ring” as a key...
South Africa’s small-end diamond producers are battling to survive in a diamond situation in South Africa which is under severe pressure, South African Diamond Producers Organisation (Sadpo)...
The big win for surface gold recovery company DRDGOLD is the 60 MW solar farm built at Ergo in the 12 months to June 30. “I call it a R3-billion prepaid electricity facility that will take care of...
Iron-ore rose for a third day — recovering more of its 9% plunge last week — on signs Chinese authorities will take more steps to try and revive the country’s moribund property market. The...
Mining companies need mechanisms to solve conflicts by reaching consensus with stakeholders on dealing with grievances and disputes, former Minerals Council South Africa VP and current Transnet...
Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting beneficiated manganese to the world. “It’s an exciting...
Iron-ore is poised to extend declines into the $80/t range as China’s steelmakers reduce production, according to Citigroup Inc., which pared price forecasts and said that market dynamics have...
For the first time ever, a bar of gold is worth a cool one million dollars. The milestone was reached Friday, when the precious metal’s spot price surpassed $2 500 per troy ounce, an all-time...
In less than six years, at the end of the decade, 2030, Barrick will have grown its gold output by 30% and will be a copper miner up there with some of the biggest. It goes to the upper 400 000...
Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate...
Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of...
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