Eskom CEO Andre de Ruyter resigns amid high stages of loadshedding
Eskom’s CEO André de Ruyter has resigned. He has been under enormous pressure as the country has been plunged into
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Africa
AmPlats expects PGM production within guidance in 2022, lowers forecast for 2023, 2024
Johannesburg Anglo American Platinum (AAP), a member of the Anglo American plc Group, has reported that its PGM metal-in-concentrate and
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SA’s nuclear build programme a bonanza for galvanized steel uptake
South Africa’s National Infrastructure 2050 plan places the spotlight on 9.6 GW of new nuclear energy plants converted from decommissioned
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Kamoto Copper innovative employee engagement solution
Kamoto Copper Company (KCC), one of the world’s leading producers of copper and cobalt based in the Lualaba province of the
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Bombore gold mine announces commercial production in Burkina Faso
Orezone Gold has announced that the Bombore gold mine in Burkina Faso has achieved commercial production, effective from 1 December
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Endeavour increases its resources to 5.2moz in 2023
LONDON – Endeavour Mining has announced that its exploration programme at its Ity mine in Côte d’Ivoire has resulted in
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Thor: Gold production in Nigeria continues at a steady rate
Thor Explorations has reported gold production of 26,523 ounces in Q3 2022 and 71,651 ounces in 9M 2022 at the
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Trafigura secures $600m financing for cobalt and copper projects in DRC
Commodity trading, metals and mining group Trafigura has reported that the Eastern and Southern African Trade and Development Bank (TDB)
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Endeavour makes major gold greenfield discovery in Côte d’Ivoire
ABIDJAN – Endeavour Mining plc has announced that a major discovery has been made at its 100%-owned Tanda-Iguela greenfield exploration property in Côte d’Ivoire. The Tanda-Iguela property has the
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Organic growth powers robust production profile for Barrick
NEW YORK – Barrick’s industry-leading portfolio of gold and copper assets is projected to show strong growth over the next five and
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PPC cement sales price increases limited to 5%
The PPC group continues to deliver sound cash generation and deleverage the balance sheet despite difficult trading conditions in its
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Harmony Gold reports lower production in Q3 – FY23 guidance unchanged
Harmony Gold has announced that for the three months ended 30 September 2022 (Q1FY23), its total gold production was down
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Southern Palladium – Assays from Bengwenyama return strong results
Southern Palladium has released the first assay results for the UG2 reef on the Bengwenyama Platinum Group Metal (PGM) project
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Rough diamond sales value for De Beers’ ninth sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ ninth provisional
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IDC acquires 43.75% of new Okiep Mining Company from Orion
Orion has announced that, after finalising recently announced pre-development funding arrangements with the Industrial Development Corporation of South Africa (IDC),
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Kamoa-Kakula sold a record 94 kilotonnes of copper in Q3
Ivanhoe Mines has reported that the Kamoa-Kakula Mining Complex produced 97,820 tonnes of copper in concentrate in Q3 2022, up
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Arabian Cement to establish a solar PV unit at its Suez plant
EGYPT – Arabian Cement Company (ACC) has signed an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish
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Jubilee Metals increases its revenue by 5.4% to US$186 million
Jubilee successfully completed its capitalisation and expansion programme and delivered on its targeted production for PGM (41 586 ounces), chrome
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Endeavour launches construction of Lafigué Project
Abidjan – Endeavour Mining has announced that it launched the construction of its 80%-owned Lafigué Project on the Fetekro property
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Orion commences field trials at the Prieska Copper-Zinc Mine
Orion has commenced a series of field trials for the treatment of mine water at the Prieska Copper-Zinc Mine (PCZM)
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Lualaba Copper Smelter restarts following scheduled maintenance
The Lualaba Copper Smelter, located approximately 50 kilometres from Kamoa-Kakula, completed its scheduled maintenance in early September. The transportation of
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Kamoa Copper has produced more than 240kt copper year-to-date
KOLWEZI, DRC – Ivanhoe Mines announces that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a
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Alphamin’s Q3 tin production and sales exceed guidance
MAURITIUS – Alphamin Resources Corp. a producer of 4% of the world’s mined tin from its high grade operation in
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ARM pleased with the acquisition of the Bokoni Platinum Mine
African Rainbow Minerals reports that its ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million),
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Gemfields more than doubles its profit in six months ending 30 June 2022
Gemfields is certain that its net profit after tax will be USD 56.7 million for the six months ending 30
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ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
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A feasible South African policy solution to the crisis of electricity generation
The electricity crisis in South Africa is self-inflicted. This has become clear from the many costly disruptions in electricity supply
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ARM research to develop energy-efficient smelting technologies progressed
African Rainbow Minerals reports that its iron ore division was negatively impacted by lower average realised US dollar prices, lower
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Pan African will acquire Mogale Gold and MSC in the next month
In November 2020, Pan African Resources announced that the Company had entered into conditional sale of shares agreements to acquire
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Jubilee Metals: Operations and Projects Update for H2 FY2022
In its Operations and Projects Update for H2 FY2022, Jubilee Metals operational earnings totalled £ 24 million (ZAR 480 million)
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