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Vale is considering a spinoff or initial public offering of its sprawling base metals business after it completes the sale of a minority stake, according to people familiar with the situation. The...
ASX-listed Equatorial Resources has launched a $1.1-billion compensation claim against the Republic of Congo, claiming that the government of that country had taken unlawful measures against the...
Coal, energy and ferrous markets company Exxaro reported strongly rising revenue in its year-end results for the year ended December 31, which boosted earnings before interest, taxes, depreciation...
Ferrexpo reported a slump in its full-year profit on Wednesday, as the Ukraine-focused miner took a hit from higher costs and lower production volumes. Ferrexpo, the world's third-largest exporter...
Mining production experienced its twelfth consecutive month of year-on-year decline in January, recording a decrease of 1.9%, Statistics South Africa reports. The largest negative contributors were...
Guinean authorities and shareholders have agreed on the terms of a joint venture to mine Simandou, one of the world's largest deposits of iron-ore, paving the way for work to resume this month, the...
Tin mine supply will continue to grow this year, albeit very weakly, according to a global tin mining outlook report issued by research organisation Fitch Solutions Country Risk & Industry Research...
China is taking fresh measures to deter hoarding of iron-ore in a bid to cool a surge in prices of the key steel-making material. Beijing authorities are urging trading companies that store iron...
If it’s grown, drilled or dug up, chances are there’s not enough of it in China. Beijing’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now...
Sandvik’s new D25KX rotary drill rig, combining reliability and technology, has arrived in Africa – but its legacy has preceded it. This is because the Sandvik D25KX is an improved version of the...
JSE-listed diversified energy company Exxaro Resources expects its headline earnings a share for the year ended December 31 to have increased bu between 20% and 34% year-on-year, to between R56.20...
Australia’s Climate Council has called on the federal government to deliver strong policy and incentives to drive the transformation of industry, noting that the production of green metals in the...
The US Inflation Reduction Act (IRA) is ignored “at our peril,” according to the Australian billionaire with an ambitious plan to make his iron-ore company a green hydrogen behemoth. “We have to...
A new report by Geoscience Australia has shown that Australia’ was the world’s top lithium producer in 2021, and was among the top five global producer of 18 mineral commodities, including...
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...
Botswana-focused base and precious metals explorer Kavango Resources has commissioned professor and former Department of Geology at Brandon University in Canada chairperson Dr Hamid Mumin to...
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...
Commodities from iron-ore to copper fell after China set a cautious economic growth target of about 5% for the year and didn’t announce any major new stimulus. The goal unveiled at the National...
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...
The merry-go-round of private meetings at an annual mining industry conference at Florida’s Hollywood Beach had a cast of new faces this year: auto sector executives increasingly anxious about...
Metals producer Vale is turning 37 years worth of mining waste at an iron ore complex in the Amazon into high-quality material to be used in steel production. The company has started extracting...
Logistics specialist Grindrod aims to “deconcentrate” its portfolio of commodities, says CEO Xolani Mbambo. Unveiling the company’s financial results for the year ended December 31 on Thursday, he...
Junior Flinders Mines has appointed Steven Michael as MD and CEO, effective from March 2. Michael has over 25 years experience in the resources sector and was most recently the MD of ASX-listed...
Iron-ore futures jumped on Wednesday, as better-than-expected China manufacturing activity data raised hopes for a demand rebound in the world's top steel producer. The most-traded May iron ore...
Australia's government has blocked a Chinese investor from raising its stake in a rare earths mining company on the advice of the Foreign Investment Review Board, Treasurer Jim Chalmers said on...
Aim-quoted resource exploration and development company Empire Metals has appointed Andrew Faragher as its exploration manager, with immediate effect, Faragher joins a technical leadership team...
New data from the Australian Bureau of Statistics (ABS) on Monday indicated that mineral and petroleum exploration expenditure fell during the December quarter by 1.3% and 9.9% respectively. In...
Lithium producers in Australia saw profits surge on the back of high prices last year, avoiding a slump in earnings by other metal miners. Pilbara Minerals, one of the nation’s top producers, and...
South Africa’s State-owned logistics company has rejected an overture from an Anglo American unit to take over the running of its iron ore rail line, which is one of its most profitable but battles...
Federal Resources Minister Madeleine King this week met with key industry and community groups to discuss how to best develop Australia’s critical minerals sector. King said the roundtables...
An iron-ore mine in the Buccaneer Archipelago 140 km north of Derby, in Australia.
Anglo American on Thursday announced a $1.7-billion writedown on its project to produce fertiliser nutrients in Britain, as it set out its budget for the mine and flagged a later-than-expected...
Diversified miner BHP is trialling the use of Hydrotreated Vegetable Oil (HVO) at its Yandi iron-ore operations, in Western Australia, to help power mining equipment. Supplied through a...
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...
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...
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,...
Diversified major BHP has reported a 16% fall in revenue for the half-year ended December, while profits after tax fell by 32% on the previous corresponding period. Revenue from continuing...
With an abundance of untapped investment potential throughout Africa, financial services company Anolawave has established a presence in South Africa, co-founded by Lightcone Asset Management...
General Motors is trying to speed ahead in the race for metals underpinning the industry’s shift to electric cars. The US automaker is competing for a stake in Vale’s base metals unit, people...
The Australian Competition and Consumer Commission (ACCC) has launched Federal Court proceedings against technology company Swift Networks for alleged bid rigging and price fixing when tendering to...
JSE-listed aggregates and mining company Afrimat's executives on February 17 reported to shareholders that the company was performing well in difficult times and that there were several projects...
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