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African Rainbow Minerals (ARM) CEO Mike Schmidt.
Turn energy, logistics threats into opportunities, African Rainbow Minerals CEO urges
6th March 2023 By: Martin Creamer

South Africa's energy and logistics threats should be turned into opportunities, says African Rainbow Minerals (ARM) CEO Mike Schmidt. Speaking to Mining Weekly in a Zoom interview following ARM’s... 

ARM's growth outlook.
African Rainbow Minerals to deliver early ounces from Bokoni platinum mine
6th March 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has invested R1-billion of capital to deliver early ounces at the Bokoni platinum group metals (PGMs) mine, the company said on Monday when... 

African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals declares R3bn interim dividend
6th March 2023 By: Martin Creamer

The headline earnings of African Rainbow Minerals rose by 40% to R5 171 million in the six months to December 31, when the JSE-listed company maintained a robust financial position, with net cash... 

Implats group executive refining and marketing Sifiso Sibiya.
Hydrogen economy continuing to build, Implats’ Sifiso Sibiya reports
3rd March 2023 By: Martin Creamer

Momentum in the hydrogen economy is continuing to build, Implats group executive refining and marketing Sifiso Sibiya reported when he presented an Implats slide outlining global market trends for... 

Gold bars
Central banks continue net gold buying streak
3rd March 2023 By: Marleny Arnoldi

The World Gold Council (WGC) says central bank gold demand has remained good so far this year following consistent additions of gold in 2022. In January, central banks collectively added net 31 t... 

Fuel inflation hit Implats' Canada operation at the sky-high level of 71%.
Implats unable to stem inflation tide as well as hoped, says CEO
3rd March 2023 By: Martin Creamer

Platinum group metals mining and marketing company Implats was unable to stem the high global inflation tide in the six months to December 31. Half-year group unit costs per six element (6E) ounce... 

A Vale sign at the PDAC conference in Toronto in 2022.
Mining dealmakers set for year of hot M&A after monster gold bid
2nd March 2023 By: Bloomberg

There’s never a shortage of dealmaking gossip at Toronto’s annual mining show, though past gatherings have brought more speculation than actual transactions. This year feels different. Newmont... 

Oman to offer new mining concessions in Q1 2023
2nd March 2023 By: Reuters

Oman is in the preparation process to offer a new batch of mining concession areas in the first quarter of 2023, the Oman Energy and Minerals Ministry said in a tweet on Thursday. This process... 

Dr Tsakani Mthombeni
Implats reports big response to request for information on wheeled renewables
2nd March 2023 By: Martin Creamer

Platinum group metals mining and marketing company Impala Platinum (Implats) has had a major response to its request for information (RFI) for electricity through wheeling from renewable energy... 

Implats CEO Nico Muller.
Implats benefits from strong demand, R4.3bn allocated to energy, decarbonisation
2nd March 2023 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Implats benefitted from strong demand for its primary products in the half-year to December 31, amid a robust rand PGMs pricing... 

First two phases alone will save R425-million a year.
Harmony’s cheaper electricity and productivity surge can extend mine life
1st March 2023 By: Martin Creamer

The three-phase renewable energy rollout of Harmony Gold is not only driving decarbonisation but also the reduction of electricity costs, which has the potential to extend mine life through a... 

Harmony's Mponeng Gold Mine.
Harmony CEO hails strong performance of South African mines despite loadshedding
1st March 2023 By: Martin Creamer

The South African operations of Harmony Gold did very, very well in the six months to the end of December last year load curtailment notwithstanding, Harmony Gold CEO Peter Steenkamp said during a... 

Harmony CEO Peter Steenkamp.
Harmony Gold’s net profit soars 36%, 30 MW solar by mid-year
1st March 2023 By: Martin Creamer

The Harmony Gold strategy of allocating growth capital towards high-margin, long-life assets has started to deliver the desired results. Good recovered underground grades along with the strong... 

The Two Rivers platinum mine
DRA secured new contracts, rebased the business in 2022
28th February 2023 By: Donna Slater

Deals worth A$638-million were awarded to multidisciplinary engineering, project management and operations management group DRA Global in 2022, as the group sought to strengthen its relationships... 

Nel helped to develop a hydrogen-powered mine haul truck for Anglo American Platinum.
Nel's revenue rises as large-scale electrolyser contracts roll in
28th February 2023 By: Darren Parker

Norwegian hydrogen solutions company Nel ASA has reported revenue of NKr414-million for the fourth quarter of 2022, up from NKr248-million in the same quarter of 2021. The increase in revenue was... 

South African mining remained a trillion rand industry for the second year in 2022.
Higher commodity prices failing to spur fixed mining investment
28th February 2023 By: Martin Creamer

The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment... 

Gold set for biggest drop in 20 months on rate hike worries
28th February 2023 By: Reuters

Gold prices slipped to a two-month low on Tuesday and were on track for their biggest monthly decline since June 2021 pressured by a stronger dollar and prospects of more rate hikes from the US... 

From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.
Trackless mobile machine safety next big challenge, says Minerals Council
27th February 2023 By: Martin Creamer

Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines –... 

Anglo American CEO Duncan Wanblad.
World warming at rate well above what Paris Agreement requires, Anglo CEO warns
24th February 2023 By: Martin Creamer

The world is on a trajectory to reach 2.7°C of warming above pre-industrial levels, which is quite a long way mathematically from the 1.5°C that is required by the Paris Agreement. This was pointed... 

De Beers Group CFO Sarah Kuijlaars.
De Beers delivers excellent set of 2022 results
23rd February 2023 By: Martin Creamer

Diamond company De Beers last year delivered a revenue of $6.6-billion and earnings before interest tax depreciation and amortisation (Ebitda) of $1.4-billion built on operational excellence across... 

Gold Fields interim CEO Martin Preece
Gold Fields’ production exceeds guidance but its full-year profit falls
23rd February 2023 By: Donna Slater

JSE- and NYSE-listed gold miner Gold Fields produced 2.4-million ounces of gold for the year ended December 31 – a 3% year-on-year increase and exceeding guidance of between 2.31-million and... 

Tin prices to take a dip this year as global economy slows
23rd February 2023 By: Marleny Arnoldi

Research agency Fitch Solutions Country Risk & Industry Research expects tin prices to remain under pressure over the first half of this year as the global economy continues to slow. The agency... 

Anglo American CEO Duncan Wanblad.
Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad
23rd February 2023 By: Martin Creamer

All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy... 

Minerals Council welcomes 125% energy tax break in Budget speech
22nd February 2023 By: Martin Creamer

Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous... 

AngloGold's Obuasi mine, in Ghana, which achieved special mention.
Do everything to fight inflation, says AngloGold, which is growing fastest in US
22nd February 2023 By: Martin Creamer

Everything must be done to fight inflation, says AngloGold Ashanti CEO Alberto Calderon, a former International Monetary Fund luminary, who has reported vigilant cost control in a year dominated by... 

Kumba Iron Ore CEO Mpumi Zikalala.
Green steel to cut Scope 3, solar to cut Scope 2, hydrogen to cut Scope 1 – Kumba Iron Ore
21st February 2023 By: Martin Creamer

South Africa’s Kumba Iron Ore sees itself as a critical player in the decarbonisation journey. Regarding tricky Scope 3 emission reduction, the Anglo American company is partnering with top... 

IEA executive director Dr Fatih Birol
IEA warns on continuing high methane gas emissions from the global energy sector
21st February 2023 By: Rebecca Campbell

The International Energy Agency (IEA) has warned that emissions of methane remained “stubbornly high”. It did so in its “Global Methane Tracker 2023” report, published on Tuesday.   Methane is a... 

Dense media separation plant at Kumba Iron Ore's Kolomela operation.
Kumba Iron Ore resilient in tough environment, declares cash dividend
21st February 2023 By: Martin Creamer

South African iron-ore producer Kumba has delivered a resilient financial performance in 2022, despite the year being characterised by a volatile macro environment, lower iron-ore prices,... 

Anglo American Platinum CEO Natascha Viljoen (left) and FD Craig Miller at the results presentation.
South Africa’s hydrogen corridor will create 14 000 jobs, says Anglo Platinum CEO
20th February 2023 By: Martin Creamer

South Africa’s hydrogen corridor, which has been declared a strategic project, will create 14 000 jobs and consume 63 000 oz of platinum, Anglo American Platinum CEO Natascha Viljoen told Mining... 

An image of an oil tanker
G20 watchdog says commodity market concentration poses threat to wider economy
20th February 2023 By: Reuters

The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens to transmit losses to the... 

South32 COO Noel Pillay.
Opportunity to commercialise greenness of South Africa’s nuclear power, says South32
17th February 2023 By: Martin Creamer

Nuclear power is part of the green taxonomy in Europe, where South Africa places most of its aluminium products and where most of the price pressures on non-green aluminium are going to arise in... 

Glencore faces fresh UK lawsuit in the wake of bribery scandal
17th February 2023 By: Bloomberg

Legal & General Group Plc have launched a fresh lawsuit against Glencore, months after the commodities giant pleaded guilty to allegations of market manipulation and bribery. A group of Legal &... 

South32 CEO Graham Kerr.
New US legislation providing strong platform for South32’s manganese push in Arizona
17th February 2023 By: Martin Creamer

The new Inflation Reduction Act (IRA) in the US has improved the business case for producing manganese in that country. Well-established South African manganese mining group South32 has confirmed... 

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