RBPlats’ Styldrift mine causes 51% decline in earnings
Royal Bafokeng Platinum (RBPlat) has announced a decline of 51% for the 12 months ended 31 December, owing to the
Read more
Africa
ArcelorMittal South Africa reports on its short-term outlook
Internationally, the World Steel Association expects a recovery in steel demand. The pressure on price-cost spreads is proving to be
Read more
Jubilee implements its copper and cobalt expansion strategy
Jubilee has updated the implementation of its copper and cobalt expansion strategy to better align the targeted increased operational footprint
Read more
ArcelorMittal SA reports 20% drop in crude steel production
ArcelorMittal SA average capacity utilisation decreased from 60% in 2021 to 47% in 2022. The reduction in capacity utilisation reflects,
Read more
Jubilee successfully completes first cobalt production runs from waste
Jubilee Metals Group PLC, a leader in diversified metals processing, with operations in Africa announces its six-month operations update for
Read more
JUBILEE METALS: South African PGM and chrome operations update
Jubilee Metals Group PLC, a leader in diversified metals processing, with operations in Africa announces its six-month operations update for
Read more
ArcelorMittal SA reacts on developments in steel market
On 28 July 2022, at the announcement of the Company’s interim financial results, it was indicated that the outlook for
Read more
Pan African Resources gold sales decreased by 15.6% to 90,439oz
Rosebank – Pan African has advised shareholders that its headline earnings and earnings per share (EPS) for the Current Reporting
Read more
Wesizwe Platinum: Bakubung Platinum mine processing plant progress
JOHANNESBURG – Wesizwe Platinum advised that the test run of the main system of the Bakubung Platinum Mine (“BPM”) processing
Read more
Kodal gets $118m for development of lithium project in Mali
Kodal Minerals has announced that it has agreed a conditional funding package of US$117.75 million which will provide full financing
Read more
Kumba production demonstrating ongoing operational stability Q4 2022
Solid performance demonstrating ongoing operational stability, while Kolomela’s performance is improving, ensuring that both of our operations are well set
Read more
Southern Palladium confirms UG2 Reef for its PGM project
Southern Palladium advises that mining consultants Minxcon (Pty) Ltd has completed an internal Scoping Study on the Bengwenyama Platinum Group
Read more
Loulo-Gounkoto Gold Complex continues to deliver value
Loulo Gold Mine, Mali – Seventeen years after it went into production, Barrick’s Loulo-Gounkoto mining complex in Mali continues to
Read more
Anglo American loads first LNG dual-fuelled vessel
Anglo American announces that its newly launched LNG dual-fuelled Capesize+ vessel, the Ubuntu Harmony, has loaded its first cargo of
Read more
Barrick’s Tanzania gold mines boost their combined output to 547koz
Barrick’s two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 ounces in 2022, achieving
Read more
ArcelorMittal South Africa announces decarbonisation roadmap
VANDERBIJLPARK – In its 2021 (inaugural) Environmental, Social and Governance (ESG) report, ArcelorMittal South Africa communicated that it was planning
Read more
THARISA: Operations impacted by adverse weather conditions
Tharisa, the platinum group metals (PGMs) and chrome co-producer announces that total reef mined of 1 081.5 kt (Q4 FY2022:
Read more
AMSA blames high prices of raw materials on its weaker performance
VANDERBIJLPARK – Based on information currently available, ArcelorMittal South Africa has advised that the Company expects the earnings per share
Read more
Merafe increases 2022 ferrochrome production by 1.3%
Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture decreased by approximately 5.0% for the quarter ended 31
Read more
SEIFSA: Eskom cannot provide sufficient electricity to its customers
SEIFSA Chief Operating Officer Tafadzwa Chibanguza notes with grave disappointment the significantly above inflation tariff increase granted by the National
Read more
Govt’s infrastructure plans to boost demand for galvanized steel
PRETORIA – Government spending on building new and rehabilitating existing infrastructure will increase from R66.7 billion from 2022 to 2023
Read more
Eskom threatens the SA economy and wellbeing of inhabitants
Eskom has warned that it could implement elevated levels of power cuts higher than stage 6 load shedding in a
Read more
AfriTin reports record concentrate production at its Uis tin mine
AfriTin Mining reported record levels of concentrate production at its Uis tin mine in November, according to its latest quarterly
Read more
MC Mining outsources the Vele Aluwani Colliery
MC Mining Limited (MC Mining or the Company) has announced that it signed a Contract Mining Agreement with Hlalethembeni Outsourcing
Read more
Jubilee continues to expand its operational footprint and project portfolio
The Company announces that it has undertaken a restructuring of its Executive Team in-line with its expanding production profile, and
Read more
MC Mining: Anti-fossil fuel trend and war resulted in record coal prices
MC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
Read more
De Beers’ rough diamond sales value – tenth sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ tenth sales
Read more
Jubilee Metals: Zambia Copper and Cobalt Operations Update
Jubilee, the AIM and Altx traded metals processing company, is pleased to announce the successful completion of the water infrastructure
Read more
Sukari gold mine in Egypt increases resources and reserves
Centamin has announced that the company delivered a 1.3Moz increase in Sukari gold mine measured and indicated mineral resources to
Read more
Ferrochrome price announcement for the first quarter of 2023
Merafe Resources has advised that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at
Read more