Royal Bafokeng discards Implats takeover, goes for Northam deal
In a rebuff to Impala Platinum (Implats), which announced last month that it wanted to buy Royal Bafokeng Platinum (RBPlat),
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Africa
Alphamin Resources drills for more tin in the DRC
Alphamin Resources, a producer of 4% of the world’s mined tin from its high-grade operation in the Democratic Republic of
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AfriTin begins Namibian resource expansion
AfriTin Mining has begun the first of multiple exploration programmes at and around its Uis mine in Namibia. AfriTin has
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AFRIMAT: Commodities benefited from favourable iron ore pricing
Afrimat’s all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared to the previous corresponding
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Manufacturing sector shows gains in capacity utilization
Despite the country’s continued lockdown, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes gains in capacity utilization
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Anglo American Platinum PGMs production in line with prior year
In its PGMs Production Report for the third quarter ending 30 September 2021, Anglo American Platinum says the total PGM
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MC Mining updates on Makhado Hard Coking Coal Project
MC Mining’s flagship Makhado Project has favourable economics and its phased development is expected to deliver positive returns for shareholders.
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Sibanye Stillwater gold production increased by 2% for Q3 2021
Production from the SA gold operations for Q3 2021 increased by 2% to 9,137kg (293,761oz) compared with Q3 2020). Gold
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MC Mining: As global economy improves so increases demand for coal
MC Mining, in its Activities report for the quarter ended 30 September 2021 says, the Uitkomst Colliery generated 120,260t of
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South Africa hails deal at COP26 to end coal-based power generation
Agreed at the COP26 climate summit in Scotland, South Africa is set to receive $8.5bn (R125bn) to help end its
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Impala Platinum reports declines in concentrate and PGM production
Impala Platinum in its First quarter production report for the period 1 July to 30 September 2021, highlights the following:
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Collapsing Eskom and load shedding stages explained
At all times there must be sufficient supply to meet demand, however electricity demand is not constant because of: peak
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Eastern Platinum commissions the PGM main plant
Vancouver, British Columbia – Eastern Platinum (“Eastplats”) has successfully commissioned the PGM main plant circuit B (“PGM Main Circuit B”)
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Anglo American Platinum to dispose of Bokoni Platinum mine
Anglo American Platinum notes the Cautionary Statement released by African Rainbow Minerals Limited (ARM) on 28 October 2021 noting that
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DRC produces almost 90kt of cobalt contained in intermediates
The DRC is also by far the largest producer of cobalt intermediates. The DRC produced 87.7kt of cobalt contained in
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Exxaro enters MOU with Eskom and Seriti to energise a low carbon future
Exxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
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Impala Platinum in negotiations to acquire Royal Bafokeng Platinum
RBPlat and Implats (the Parties) are in discussions relating to a non-binding indicative proposal from Implats to acquire 100% of
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Royal Bafokeng Platinum reports 2% increase in 4 PGM ounces
Royal Bafokeng Platinum, in its Quarterly Review and Production Report for the period ended 1 July to 30 September 2021,
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DRDGOLD: Gold production increases by 7% from the previous quarter
In its operating update for the quarter ended 30 September 2021, DRDGOLD’s gold production increased by 7% from the previous
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Eskom continues its disaster mission of ‘jobs shedding and capital drain’
Due to further shortage of generation capacity, Eskom says it “regrets” to announce that Stage 4 which started from 12:00
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Kumba total production increases by 11% in Q3 2021
Production increased to 10.8 Mt, while equipment breakdown at Saldanha Port and weather disruptions affecting ship movements at the port
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Anglo American PGMs refined production increased by 39% in Q3 2021
Metal in concentrate production: Own mined production decreased by 4% to 720,000 ounces, mainly due to a decrease of 12%
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Improving SA’s trade barrier score requires correct policy choices
Government-imposed barriers to trade, such as tariffs, duties, and protectionist policies, inhibit the flow of goods and services and hurt
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Major Eskom coal suppliers go green with solar energy projects
Exxaro and Seriti, Eskom’s major coal suppliers, are aiming to develop renewable energy projects at their operations with the companies
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Preheater refractory material damage causes kiln outage
Dangote Cement SA (“Sephaku Cement” or “SepCem”) has experienced a further kiln stoppage, unrelated to the previous event announced on
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De Beers’ rough diamond sales value for eighth sales cycle of 2021
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ eighth sales
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Jubilee to process 300 million tons of copper/cobalt tailings in Zambia
During 2020 Jubilee entered into various joint venture agreements to secure rights to process over 300 million tonnes of copper
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Without pro-trade reforms, Africa risks missing out on global growth
The Free Market Foundation (FMF) and the Initiative for African Trade and Prosperity (IATP) call on African governments to radically
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Impala Refining Services is key competitive differentiator
Implats’ capacity to process and market Implats’ expanding production base remains a core competitive advantage, which will be leveraged for
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Zimplats constructs third concentrator at cost of US$94 million
Zimplats delivered another strong operational performance and made pleasing progress on the expansion projects under construction. During the year, Implats
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