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Russian mining giant Nornickel said on Friday its earnings before interest, tax, depreciation and amortisation (EBITDA) fell 17% year-on-year in 2022 to $8.7-billion, as it grappled with a drop in...
Rawbank forecasts its lending to the Democratic Republic of Congo’s mining industry will jump more than 20% to over $1-billion this year, buoyed by rising demand and strong prices for the country’s...
Through the just energy transition investment plan, R1.5-trillion could be invested in South Africa over the next five years in new frontiers of renewable energy, green hydrogen and electric...
Nickel miner PT Vale Indonesia broke ground on a 37.5-trillion rupiah ($2.48-billion) ferronickel smelter Sulawesi island on Friday, an Indonesian senior minister said. The Bahodopi project will...
Commodity trader Trafigura Group is facing more than half a billion dollars in losses after discovering metal cargoes it bought didn’t contain the nickel they were supposed to. Trafigura has spent...
SMS Group subsidiary Paul Wurth notes that its INBA slag granulation and dewatering system is the proven route for converting molten slag into a value-added product not only in the field of blast...
General Motors (GM) is competing for a stake in Brazilian mining giant Vale's base metals unit, people familiar with the matter said, underscoring automakers’ desire for easy access to the...
The expansion programme at the Moa nickel and cobalt joint venture (JV), in Cuba, is on time and budget for completion next year, says Canadian firm Sherritt. The $77-million two-phase expansion...
Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told the Investing in African Mining Indaba on Wednesday at an event themed on the...
Diversified miner Anglo American has agreed to acquire a 9.9% minority interest in Canada Nickel Company, which owns the Crawford nickel project in Ontario, Canada. Anglo will also provide...
Junior Azure Minerals has reported a 28% increase in the mineral resource estimate at its Andover nickel project, in Western Australia. Azure on Wednesday reported a maiden mineral resource...
Test results have indicated that the nickel concentrate from Lifezone Metals’ Kabanga nickel project, in Tanzania, is amenable to processing using the company’s proprietary hydrometallurgical...
The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba...
Mining was essential if the world was to create a circular economic system, Finnish Geological Survey director-general Kimmo Tiilikainen has pointed out. He was addressing a Sustainable Mining...
Development finance institution Africa Finance Corporation (AFC) is partnering with airborne geophysics expert Xcalibur Multiphysics to map, develop and co-finance natural resource projects that...
Sibanye-Stillwater is not interested in gold mergers and acquisitions, CEO Neal Froneman said on Monday, after Newmont's $16.9-billion bid for Newcrest increased the pressure on gold miners to...
The United States of America wants to support mineral producing countries to build enabling environments for investment throughout the critical minerals supply chain and not just focusing on...
With one Apple you can buy the world’s 50 largest mining companies, says Eurasian Resources Group CEO and Global Battery Alliance (GBA) co-chair Benedikt Sobotka. Speaking at the Investing in...
Minerals Council South Africa CEO Roger Baxter said on Monday that the council is encouraged by the board level engagement it has undertaken so far with State rail enterprise Transnet and is hoping...
Ever greater acknowledgement is being given to the need to decarbonise global energy and transport systems ever more urgently. At the same time, ever greater global recognition is being given to...
Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal...
Wind farm builder Seriti Green, which is planning substantial electricity storage capacity at its big renewable energy project in Mpumalanga, has raised the need for vanadium to be appraised as a...
Innovative Proudly South African membraneless technology has caught the eye of the engineers involved in the huge global ITER fusion project as a possible solution to recover tritium from tritiated...
Sprott Asset Management, a subsidiary of precious metals and energy transition investment group Sprott, has launched four exchange traded funds (ETFs) focused on providing investors pure-play...
US mines produced $98.2-billion in nonfuel mineral commodities in 2022, an estimated $3.6-billion increase over the 2021 revised total of $94.6-billion, the US Geological Survey (USGS) announced on...
South African President Cyril Ramaphosa has confirmed his attendance at the Mining Indaba taking place in Cape Town next week, from Monday to Thursday. Ramaphosa, accompanied by eight ministers and...
The Minerals Council of Australia (MCA) has called on the federal government to implement a number of reforms in order to ‘seize a once in a generation opportunity’ to grow investment in the...
Indonesian President Joko Widodo is confident Tesla will finalise a deal to invest in a production facility in his country, having offered the US car maker incentives ranging from tax breaks to a...
Mining and marketing company Glencore produced 40% more cobalt last year, along with 16% more oil, 5% more nickel and 1% more ferrochrome. Although coal production of 110-million tonnes was...
Brazil's Vale, one of the world's largest mining companies, on Tuesday reported a fourth-quarter 1% fall in iron ore production from a year earlier, while the sales volume of nickel soared The...
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