McKinsey, Trillian were to grab R10bn from Eskom
The commission of inquiry into state capture has heard that Global consulting company McKinsey & Company, alongside Trillian Capital, wanted
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Africa
Tsumeb smelter’s Ausmelt furnace maintenance extends to 40 days
TORONTO – Dundee Precious Metals has updated information on the planned Ausmelt furnace maintenance at the Company’s Tsumeb smelter in
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Alphamin achieves record fourth quarter production
MAURITIUS – Alphamin Resources, a producer of 4% of the world’s mined tin from its high grade operation in the
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Prieska Copper-Zinc Project is officially “shovel-ready”
During the half-year, Orion Minerals continued to progress its portfolio of South African base metal projects, with the main focus
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Eastern Platinum retreatment projects review
Vancouver, British Columbia – Eastern Platinum Limited (Eastplats) has provided the Retreatment Project operations technical summary for 2019 and 2020.
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ARM reports record headline earnings of R5bn for 1H F2021
Despite Covid-19-related global economic challenges and uncertainty, African Rainbow Minerals (ARM) report records headline earnings of R5 039 million for
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Glencore Alloys explores cogeneration and clean energy projects
Glencore’s ferrochrome business confirmed that it is exploring cogeneration projects at its South African sites, while also giving an indication
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SA economy: Light at the end of tunnel?
The Budget, was it good or bad? Will it give us more economic freedom and prosperity? The good news is
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Endeavour increases 2021 production guidance by 50%
GEORGE TOWN – Endeavour Mining has announce that it has increased its guidance for 2021 to include production from the
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Loulo-Gounkoto gold beats guidance, replaces depleted reserves
Barrick’s Loulo-Gounkoto mine complex delivered production of 680,215 ounces of gold in 2020, exceeding its full year guidance despite Covid-19
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Gemfields restarts its mining operations
Gemfields Group has announced that both its 75% owned Kagem Mining Limited (Kagem) emerald mine and 75% owned Montepuez Ruby
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Angola continues producing monster diamonds
PERTH, Australia – Lucapa Diamond Company and its partners Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas have
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Minerals Council: Govt sends positive signal for growth and competitiveness
JOHANNESBURG – In presenting a plan for stabilising government debt at 88.9% of Gross Domestic Product (GDP) in four years’
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PPC restructures and refinances its projects
SANDTON – PPC is undertaking a restructuring and refinancing project with the objective of implementing a sustainable capital structure and
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Gold Fields gets approval for South Deep solar plant
Johannesburg – Gold Fields says it welcomes the electricity generation licence approved today by the National Energy Regulator of South
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Kibali Continues to Shine through its leading-edge technology
The Barrick-operated Kibali Joint Venture in the DRC produced 808,134 ounces of gold in 2020, achieving the top-end of production
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Merafe Resources reduces its losses by almost 86%
Sandton – Because the JSE listings requirements, issuers are required to publish a trading statement as soon as they are
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Implats PGM production increases by 29%, profit triples
Implats delivered stellar results for its half year ended 31 December 2020 despite the challenges presented by navigating Covid-19. An
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Tongon mine gets it right, says Barrick Gold
Tongon mine produced a total of 284,863 ounces of gold in 2020, at the top end of its guidance for
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Sasol approves Mozambique production sharing agreement
JOHANNESBURG – On 19 February 2021 the Board approved the final investment decision (FID) on the Mozambique PSA license area.
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Kumba Iron Ore delivers record earnings
Kumba Iron Ore Co. reports that it has capitalised on its product quality, a higher average realised price of US$115/tonne
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HARMONY: Emerging mining specialist with diversified and de-risked portfolio
JOHANNESBURG – Harmony Gold Mining Company in its financial and operating results for the interim period ended 31 December 2020
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Anglo American Platinum reports strong recovery in H2-2020
Despite the impact of Covid-19 on operations, Anglo American Platinum saw metal-in-concentrate production decrease by only 14% for the year,
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Barrick Gold: Tanzanian mines deliver on production guidance
The North Mara and Bulyanhulu gold mines both produced near the top end of their production guidance in 2020, their
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Harmony Gold reports 8% increase in gold production
Johannesburg – Harmony Gold Mining Company advises that net profit for H1FY21 will be between R5.7 billion and R5.9 billion
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Sibanye Stillwater’s gold and PGM operations reach normalised production rates
2020 was a defining year for the Group, marking the end of the deleveraging phase that has prevailed over the
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Tragic incident at AMSA coke oven battery
VANDERBIJLPARK, RSA – ArcelorMittal South Africa has announced that an incident at its Vanderbijlpark operations on Wednesday, 17 February 2021,
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Ivanplats arranges US$420 million financing for Platreef
MOKOPANE, South Africa – Ivanhoe Mines’ South African subsidiary, Ivanplats, has signed a non-binding term sheet with Orion Mine Finance,
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SASOL Statement: Sulphur emission enquiry Pretoria and Johannesburg region
Date: 16 February 2021 Sasol can confirm that recently our Secunda Operations in Mpumalanga have been stable with no operational incidents
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President Ramaphosa’s speech at Mining Indaba
Our message to international investors is that we are taking practical measures to build an economy that is underpinned by
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