Harmony Gold expects over 100% increase in FY23 basic earnings
Harmony Gold, a senior global gold producer, announced today that it met its production and cost guidance and beat its
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Jubilee Metals Copper Zambia Project Expansion Update
Jubilee Metals Group, a leader in diversified metals processing, with operations in Africa, has provided an update on the expansion
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Galan begins construction of lithium brine project in Argentina
Galan Lithium (ASX:GLN) announced today that full Phase 1 pond construction has commenced for 5.4ktpa LCE production at the Hombre
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Gold Fields reports half-year profit of $458M
Gold Fields (NYSE: GFI), one of the world’s largest gold producers, announced Thursday that its attributable gold equivalent production was
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Jubilee Metals South Africa Chrome Project Expansion Update
Jubilee Metals Group, a leader in diversified metals processing, with operations in Africa, has provided an update on the chrome
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Newmont’s bid to acquire Newcrest gets green light from regulator
The Australian Competition & Consumer Commission (ACCC) cleared Newmont’s proposed acquisition of Newcrest Mining (ASX: NCM). Newmont, which announced the
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Merafe reports on FeCr markets, achieved profit of R1 049 million
Global stainless steel production decreased by 2%1 year-on-year during H1 2023 as growth in China and India was more than
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July 2023 global crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5
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WESIZWE PLATINUM: Resumption of Operations at Bakubung Mine
Johannesburg – Bakubung Platinum Mine (BPM) has successfully re-opened its operations. This significant development follows the signing of a crucial
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Aluminium production in the Amazon
The Amazon region in South America extends over nine different countries. It contains vast bauxite deposits, which have been exploited
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Sibanye-Stillwater: Operating update for H1 2023 compared to H1 2022
4E PGM production from the SA PGM operations, including the purchase of concentrate (POC) of 848,723 4Eoz, was flat compared
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Mill upgrades have positive impact at Penouta
Tin Strategic Minerals Europe Corp (SME) saw record quarterly production at its Penouta mine following an overhaul to their main
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DRDGOLD expects increase in earnings in FY 2023
DRDGOLD, a South African gold producer that recovers gold from the retreatment of surface tailings, reported yesterday it expects to
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Hydro initiates project to remove local carbon emissions in Sweden
The work to equip Hydro’s Swedish extrusions’ factories in Vetlanda, Sjunnen and Finspång with solar panels and battery storage has
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Improved recoveries at Renison bolster production
Metals X Limited has announced a strong second quarter at its Renison Tin Operation, Tasmania, highlighting enhanced ore grades and
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Implats: Bad results blamed on Eskom, PGM prices, cable theft
Implats now has reasonable certainty on its earnings and therefore advises that earnings for the period decreased primarily due to
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Only Lion Smelter to operate during high electricity demand season
Merafe’s attributable ferrochrome production decreased by 9% from 203kt to 185kt for the six months ended 30 June 2023. The
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SMS and SAIL to develop processes to decarbonize steel production S
SMS group and SAIL (Steel Authority of India Limited), a Maharatna PSU, have drawn up a memorandum of understanding to
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Exxaro: Half-year earnings to drop on lower coal and iron ore prices
Exxaro, one of the largest South African based diversified resources companies, announced Monday that its headline earnings per share (HEPS)
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Hulamin: Profit up 112%, despite volumes down 7%
Hulamin has announced its interim results for the period ended 30 June 2023. Results Headlines include: Geoff Watson, Hulamin’s Interim
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Harmony Gold commissions solar photovoltaic plants for its mines
Harmony Gold Mining, a senior global gold producer, announced today that the 30 megawatt (MW) solar photovoltaic plants in the
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Newcrest posts $778M profit in FY23; increases gold and copper production
Newcrest, one of the world’s largest gold miners, has reported annual gold production of 2.1 million ounces (up 8% y-o-y)
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CORNISH METALS: first water pumped out of South Crofty
Cornish Metals Inc. is a step closer to dewatering the historic South Crofty mine, Cornwall, UK, after successfully commissioning two submersible pumps.“Seeing
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Eloro advances metallurgy at Iska Iska silver-tin project
Eloro Resources Ltd has highlighted results from its metallurgical update for the Iska Iska silver-tin polymetallic project in southern Bolivia.The
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Antofagasta copper output 295,500 tonnes – 10% higher YoY
Chile-based miner Antofagasta, one of the world’s senior copper producers, announced Thursday that its H1 2023 copper output of 295,500
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Carbon regimes add uncertainty to lithium future costs
The advent of carbon pricing has the potential to accelerate cost increases for Lithium producers. Lithium mining, concentrating and conversion
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China’s 23 t of gold in July purchase, it’s just getting started
China continues to put the world on notice that it intends to challenge the U.S. dollar’s role as a reserve
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Rio Tinto to build the largest solar power plant in Canada’s North
YELLOWKNIFE, Canada – Rio Tinto’s Diavik Diamond Mine will build the largest solar power plant across Canada’s territories, featuring over
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Russia restarts gold and currency purchases at $19 million per day
Russia’s finance ministry announced late last week that it would start buying currencies and gold again in August after 18
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Wa State takes decisive action on tin mining suspension
In a resolute move, the Wa State Government has firmly enforced the suspension of all mining activities, according to the
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