South32 investments in copper and low-C aluminium delivered strong growth
South32 has reported in its quarterly report, ending December 2022, that group copper equivalent production increased by 12% in H1
Read more
News
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
Read moreCrowdsourcing 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
Read more
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
Read more
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
Read more
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
Read more
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)
Read more
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
Read more
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)
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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,
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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,
Read more