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Implats group executive: refining and marketing Sifiso Sibiya.
Implats experiencing strong PGMs demand, working on pulling hydrogen uptake closer
1st March 2024 By: Martin Creamer

Platinum group metals (PGM) mining, refining, and marketing company Implats, which reported solid production in a low-price environment on Thursday, is ironically still experiencing strong demand... 


Photo of Terence Creamer
Full transparency
1st March 2024 By: Terence Creamer

The decision to drawdown R150-billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce government borrowings and surging debt-servicing costs was the major feature... 


Implats CEO Nico Muller
Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

A phased reduction in group output owing to a probable decline in production from Impala Canada and Mimosa in Zimbabwe is likely from platinum group metals (PGMs) mining and marketing company... 


SSR retracts guidance for Çöpler, workers remain missing
SSR retracts guidance for Çöpler, workers remain missing
29th February 2024 By: Mariaan Webb

Vancouver-based SSR Mining has retracted its previously issued 2024 and long-term guidance forecasts for the Çöpler mine, in Türkiye, following a significant slip on the heap leach pad earlier this... 


Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


Harmony Gold CEO Peter Steenkamp.
Harmony Gold board approves R7.9bn project on back of superb half-year results
28th February 2024 By: Martin Creamer

The board of mining company Harmony Gold has approved the commencement of a R7.9-billion life-of-mine (LoM) extension project at the rich Mponeng gold mine in the West Wits region of South Africa's... 


Drill core recovered from the Segele mine, in Ethiopia
Akobo finalises debt restructuring agreement
28th February 2024 By: Darren Parker

Scandinavia-based gold exploration and mining company Akobo Minerals, which has operations in Ethiopia, has finalised an agreement regarding completion of its debt restructuring. This follows the... 


Osisko establishes technical committee for Gaspe dewatering plan
28th February 2024 By: Creamer Media Reporter

Exploration and development company Osisko Metals has created a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper openpit at Gaspé Copper, in... 


The SlurrySucker MK III incorporates the world renowned Toyo heavy duty slurry pump, making it the most efficient and cost effective electrically powered floating dredging system available on the market
Next-gen SlurrySucker for silt-challenged water areas powered by Toyo
28th February 2024

Not only does IPR’s SlurrySucker dredging system effectively clean process water ponds, return water dams or other water storage areas, it has become recognised as an ideal solution for cleaning... 


Chinese money still chasing Canadian critical mining deals despite Ottawa's scrutiny
Chinese money still chasing Canadian critical mining deals despite Ottawa's scrutiny
27th February 2024 By: Reuters

A year after Canada tightened foreign investment rules for the critical minerals sector, Chinese money has continued to pour into Toronto-listed miners, according to proprietary research conducted... 


An aerial view of the Sabodala-Massawa Expansion project
Sabodala-Massawa Expansion project on track for first gold pour in May
27th February 2024 By: Creamer Media Reporter

Wet commissioning activities are now under way at the Sabodala-Massawa Expansion project, also called the BIOX Expansion project, in Senegal, says London- and Toronto-listed Endeavour Mining. The... 


Wiluna pilot plant be operational by H2 – Toro
27th February 2024 By: Creamer Media Reporter

ASX-listed uranium development and exploration company Toro Energy is advancing the design phase of its beneficiation and hydrometallurgical pilot plant at a facility in Perth, in line with plans... 


Base Resources' Kwale operation in Kenya
Base says Kwale on track to achieve production guidance
26th February 2024 By: Darren Parker

African mineral sands producer and developer Base Resources has reported that its Kwale operation, in Kenya, continued to perform to plan and remains on track to achieve production guidance for the... 


Hudbay guides higher copper, lower gold output for 2024
26th February 2024 By: Creamer Media Reporter

Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong... 


AngloGold Ashanti CEO Alberto Calderon
AngloGold reports dip in full-year profit, but strong free cash flow generation and production
23rd February 2024 By: Marleny Arnoldi

Diversified miner AngloGold Ashanti has reported a strong performance in the 2023 financial year, having achieved production guidance at 2.6-million ounces and $109-million of free cash flow. The... 


Photo of Martin Creamer
On-The-Air (23/02/2024)
23rd February 2024 By: Martin Creamer

Martin Creamer discusses phosphate, junior miners and clean electricity. 


Perseus chairperson and CEO Jeff Quartermaine
Perseus posts 21% increase in interim profit
23rd February 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has posted an 18% year-on-year improvement in earnings before interest, taxes, depreciation and amortisation to $280-million, as well as a 21% increase in profit... 


Vale fourth-quarter profit falls 35% on higher provisions over dam accident
Vale fourth-quarter profit falls 35% on higher provisions over dam accident
23rd February 2024 By: Reuters

Brazilian miner Vale reported on Thursday a 35% drop in fourth quarter net profit, missing analyst expectations by almost half, following higher provisions related to its Samarco joint venture and... 


Man in hard hat assessing Enduron high-pressure grinding rolls
Smarter mining key amid current market conditions
23rd February 2024 By: Tracy Hancock

Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a... 


Photo of Martin Creamer
Junior mining fund is a start, but should not be seen as the end game
23rd February 2024 By: Martin Creamer

The Junior Mining Exploration Fund just launched by the Industrial Development Corporation and the Department of Mineral Resources and Energy (DMRE) is a start but must not end up as the finish.... 


Gold Fields' Damang mine, in Ghana
Gold Fields posts higher full-year earnings, maintains dividend at R7.45
22nd February 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields has declared a total dividend of R7.45 a share for the year ended December 31, with $703-million in attributable profit having been generated. The attributable... 


Record dividend for Northern Star as growth strategy delivers cash earnings boost
Record dividend for Northern Star as growth strategy delivers cash earnings boost
22nd February 2024 By: Mariaan Webb

Australian gold miner Northern Star on Thursday declared a record interim dividend of 15c a share, complementing its A$300-million share buyback programme that remains open. Driven by higher gold... 


First Quantum CEO Tristan Pascall
First Quantum announces capital restructuring to reduce debt
22nd February 2024 By: Reuters

First Quantum Minerals on Wednesday announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt, a move that will help the Canadian miner deliver on... 


Fortescue beats on first-half profit, posts strong dividend
Fortescue beats on first-half profit, posts strong dividend
22nd February 2024 By: Reuters

Australia's Fortescue on Thursday posted a 41% jump in its half-year profit and declared a better-than-expected dividend, supported by strong iron-ore shipments and higher prices for its lower... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto posts lower FY profit
21st February 2024 By: Mariaan Webb

Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion.... 


An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


Antofagasta CEO Ivan Arriagada
Antofagasta says profit up 5% in 2023, cuts dividend
20th February 2024 By: Reuters

Chile's Antofagasta on Tuesday reported a 5% rise in 2023 profit as copper production and prices increased, offsetting higher costs. Although the mining group reported earnings before interest,... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


An image showing Lucara's Karowe mine in Botswana
Lucara signs new ten-year diamond sales agreement with HB Group
19th February 2024 By: Tasneem Bulbulia

Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processer and trader HB Group out of Antwerp, Belgium, in respect of qualifying “special”... 


Bushveld's Vametco operation
SPR commits to paying full $12.5m owed to Bushveld by end-Feb
16th February 2024 By: Marleny Arnoldi

Aim-listed vanadium producer Bushveld Minerals has recieved an additional R76-million, or $4-million, from Southern Point Resources (SPR) in respect of a subscription agreement; however, SPR... 


An image showing gold bars
Geopolitical unrest to cause volatility for commodities – RMB
16th February 2024 By: Tasneem Bulbulia

With geopolitical instability persisting globally, especially in the form of conflict between Russia and Ukraine and in the Middle East, commodities are set for a volatile year, and the risk of... 


Image of periodic table symbol for lithium
Prairie lithium project, Canada – update
16th February 2024 By: Sheila Barradas

Arizona Lithium has reported that the direct lithium extraction pilot plant has produced “exceptional” results during operations over the past three months. 


An image of ColVic CEO Vic Hall
Oil-water separators can aid regulatory compliance
16th February 2024

Oil-water separators are integral to preventing oil-contaminated water run-off from polluting the ecosystem. It is, however, important to ensure that the correct class of separator is installed in... 


Kinross carrying 2023 momentum into 2024, CEO says
15th February 2024 By: Mariaan Webb

Canada-headquartered Kinross Gold had a “great year” in 2023, CEO Paul Rollinson said on Wednesday, reporting that the company had met its production, cost and capital guidance, as well as... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserve, no need for ‘dilutionary or delusionary’ M&A
15th February 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


Despite weak lithium prices, Albemarle beats on cost cuts
Despite weak lithium prices, Albemarle beats on cost cuts
15th February 2024 By: Reuters

Albemarle, the world's largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to... 


The Pueblo Viejo operation in the Dominican Republic
Barrick targets higher output this year after missing FY guidance
14th February 2024 By: Creamer Media Reporter

old is forecasting higher gold production in 2024, setting a target of 3.9-million to 4.3-million ounces for the year. This compares with gold production of 4.05-million ounces this year, which... 


An image showing Pan African Resources' Mogale project
Pan African on track to deliver full-year guidance following strong interim period
14th February 2024 By: Tasneem Bulbulia

Gold miner Pan African Resources delivered an “excellent” safety, production and financial performance for the six months ended December 31, 2023, which positions the group well to deliver on its... 


The Copler mine
Rescue workers search for missing gold miners after Turkey landslide
14th February 2024 By: Reuters

Rescue workers battled to find nine workers trapped under earth after a landslide at a gold mine in eastern Turkey on Wednesday, the interior minister said, while state media said four people were... 


The New Afton mine
New Gold to reach free cash flow inflection point this year, says CEO
14th February 2024 By: Mariaan Webb

Canadian gold miner New Gold has executed on its key priority of stabilising its operations and delivering consistent results throughout the year, CEO Patrick Godin said on Tuesday. “2023 was a... 


The Red Lake mine in Canada
Evolution H1 profit dips, focus at Red Lake is to produce reliably
14th February 2024 By: Mariaan Webb

Australian gold miner Evolution Mining on Wednesday posted a 4% drop in half-year net profit to A$96.9-million, but underlying profit increased and the company declared its twenty-second... 


SSR Mining halts gold production in Turkey after landslide, shares tank
SSR Mining halts gold production in Turkey after landslide, shares tank
14th February 2024 By: Reuters

Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing and sparked a more than 50% plunge in its Toronto-listed... 


Tulu Kapi stakeholders commit to proceed with project development
13th February 2024 By: Sabrina Jardim

Following meetings with senior representatives of stakeholders for aim-listed Kefi Gold and Copper’s Tulu Kapi Gold project, in Ethiopia, at this year’s Investing in African Mining Indaba, all... 


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pqt: 2.245s - ct: 2.347s - 470pq - 2rq
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