First Quantum increases guidance on capital expenditure
First Quantum reports that its capital expenditures have been experiencing inflationary cost increases, including higher shipping rates, steel prices, fuel
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Crowdsourcing initiative to support Eskom’s turnaround
In recent months, Eskom has received an overwhelming response to its call for skilled personnel to come forward to assist
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StatsSA: Mining sector contracts 9% in November as PGM and iron ore production down
Statistics South Africa (StatsSA) has said the domestic mining production decreased by 9.0% year-on-year in November 2022. StatsSA said that
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Rio Tinto increases iron ore and copper production in 2022
MELBOURNE, Australia – Global mining giant Rio Tinto has reported that its Pilbara operations produced 324.1 million tonnes of iron
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Minerals Council SA is dismayed at price increases for ESKOM
JOHANNESBURG – The Minerals Council South Africa notes with dismay the above- inflation electricity tariff increases granted to Eskom, which
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Rio Tinto increases iron ore and copper production in 2022
Mining giant Rio Tinto reported on Monday that its Pilbara operations produced 324.1 million tonnes of iron ore (100% basis)
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First Quantum announces 2022 production and 2023-2025 Guidance
TORONTO – First Quantum Minerals announces preliminary production for the three months (“Q4”) and year ended December 31, 2022 and
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November 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt)
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AA builds operational momentum for next phase of value-driven growth
Anglo American is providing an update on its performance during 2022 and capital expenditure and production guidance for the next
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Transnet and Minerals Council set up structures to stabilise Transnet
Johannesburg – The Transnet SOC Board and Minerals Council South Africa Office Bearers have agreed to establish joint collaborative structures
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Moody’s Upgrades Barrick to A3 with Stable Outlook
TORONTO — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that Moody’s Investors Service (“Moody’s”) has upgraded the senior unsecured ratings of Barrick and
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Platinum bar and coin demand poised to grow significantly
Platinum bar and coin demand is expected to jump 49 per cent in 2023, reaching a three-year high of 507
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SA mining sector contracts 10.4% in October as gold and PGM production lower
According to Statistics South Africa (StatsSA), the domestic mining production decreased by 10.4% year-on-year in October 2022. StatsSA said that
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Glencore reaches agreement with the DRC over corruption
Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from
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Rio Tinto progresses strategy to strengthen, decarbonise and grow
LONDON – Rio Tinto is today providing an update at its Investor Seminar on progress against its long-term strategy to
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Platinum surplus forecast for 2022 revised downwards to 804 koz
The thirty-third Platinum Quarterly data set examines activity in the third quarter of 2022. It also includes an updated forecast for 2022 and a first forecast
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Anglo American sources 100% renewable electricity for Oz operations
Anglo American has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for
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Rio Tinto, BHP and Fortescue launch pilot program to create safer workplaces
PERTH, Australia – Rio Tinto, BHP and Fortescue are launching an innovative pilot program aimed at helping to eliminate disrespectful
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Should Russia’s gold pay for Ukraine’s war damages?
Kremlin spokesman Dmitry Peskov said Western countries used sanctions to steal its gold and foreign exchange reserves to transfer them
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Glencore blames war, weather and industrial action for changed guidance
Operational performance over the third quarter was impacted by a range of events including extreme weather in Australia, industrial action at
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Glencore Energy is fined for bribes by UK Serious Fraud Office
Glencore Energy UK Limited will pay a financial penalty and costs of £280,965,092.95 in respect of the previously announced resolution of the UK
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BHP delivers safe and reliable operational performance Q 9/2022
BHP Group continued to deliver safe and reliable operational performance during the quarter. All production and unit cost guidance remains
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Gemfields: Neighbouring ruby mine attacked, MRM evacuation plan initiated
LONDON – Following an update on 30 August 2022, in which Gemfields announced increased vigilance regarding the Cabo Delgado insurgency,
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The UK energy crisis: How prices became so high
According to government reports Britain’s new prime minister Liz Truss is planning to freeze household energy bills at broadly the
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Pan African closes transaction to acquire Mintails SA assets
Rosebank – Pan African Resources has closed the transaction to acquire the total share capital and claims of Mogale Gold
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Over 30,000 visitors at this year’s Electra Mining Africa
Celebrating 50 years this year, Electra Mining Africa saw thousands of buyers and sellers coming together at the Expo Centre
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Hanson to build UK’s first net-zero cement plant
Hanson UK plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming
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Electra Mining Africa: New features, products and learning
Celebrating 50 years this year, Electra Mining Africa is pulling out all the stops to deliver an event that continues
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Newmont updates 2022 outlook due to impacts on gold production
Newmont is providing updated 2022 outlook due to impacts on gold production estimates in the first half of the year,
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World may soon be teetering on the edge of a global recession, IMF
The International Monetary Fund has a severe recession warning as it forecasts slower growth for this year and next, according
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