Jubilee Metals update on strategic global development opportunities
Jubilee recently announced a year of significant growth with audited annual results to 31 June 2021 showing revenues increasing by
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News
Anglo American confirms 2021 guidance, value accretive 35% growth
Anglo American has provided an update on its strong operational and financial performance during 2021 and its sector-leading growth. This
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Zimplats invests R28 billion capital for new mine and solar plant
Impala Platinum’s Zimplats in Zimbabwe, has announced a new R28 billion capital shore-up to develop a new mine, expand existing
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Q3 platinum 2021 surplus of 592koz reflects significant ETF disinvestment
Before reviewing the third quarter supply and demand it is important to note that investment demand in Q3’20 was extraordinary.
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Platinum supply and demand 2021 update and 2022 forecast
For 2021 total platinum supply is now forecast to rise 19% year-on-year to 8,114 koz, still below the 2019 level
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Ramaphosa backs R131bn financing offer for just energy transition
President Cyril Ramaphosa speaking during his parliamentary Q&A on Thursday made his strong stand in favour of partial privatisation of
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Tharisa extends the life of mine by an additional 7 years to 2041
Tharisa, the platinum group metals (PGMs) and chrome co-producer, announces an extension of the open pit Life of Mine (LOM)
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Sustainable Steel – Sustainability Indicators 2021
The World Steel Association (worldsteel) has published Sustainable steel – Sustainability Indicators 2021 and our sustainability journey. In addition to including the
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COP26 strengthens the case for platinum-based hydrogen
The 2021 Glasgow Climate Pact, agreed by nearly 200 participating countries in the closing stages of COP26, is a global
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Gordhan: Experts appointed to investigate sabotage at Eskom power stations
Eskom says it has employed the services of forensic investigators to get to the bottom of its suspicions to investigate
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Sell some Eskom’s coal-fired power plants, Government says
Finance Minister Enoch Godongwana in his budget speech said South African government ministers have reached a general agreement to sell
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STEEL: Finance minister’s medium-term budget policy welcomed
JOHANNESBURG – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes Finance Minister Enoch Godongwana’s Medium Term Budget Policy
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AfriTin begins Namibian resource expansion
AfriTin Mining has begun the first of multiple exploration programmes at and around its Uis mine in Namibia. AfriTin has
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AFRIMAT: Commodities benefited from favourable iron ore pricing
Afrimat’s all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared to the previous corresponding
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Manufacturing sector shows gains in capacity utilization
Despite the country’s continued lockdown, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes gains in capacity utilization
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COP26: The economics of the energy transition
The world is warming because of emissions from fossil fuels like coal, oil and natural gas, caused by humans. The
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Anglo American appoints new CEO at £1.25 million pa + bonus
Anglo American plc (“Anglo American”) announces the appointment of Duncan Wanblad as Chief Executive, with effect from Anglo American’s AGM
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South Africa hails deal at COP26 to end coal-based power generation
Agreed at the COP26 climate summit in Scotland, South Africa is set to receive $8.5bn (R125bn) to help end its
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Supply-chain disruptions, high energy costs slow down global growth
The IMF has cut its global growth forecasts and raised inflation forecasts, never a good combination. Supply-chain disruptions and rapidly
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Collapsing Eskom and load shedding stages explained
At all times there must be sufficient supply to meet demand, however electricity demand is not constant because of: peak
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GLENCORE: Production guidance remains unchanged for 2021
Glencore says, in its Third Quarter 2021 Production Report, that the asset base has largely performed in line with our
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Exxaro enters MOU with Eskom and Seriti to energise a low carbon future
Exxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
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Eskom continues its disaster mission of ‘jobs shedding and capital drain’
Due to further shortage of generation capacity, Eskom says it “regrets” to announce that Stage 4 which started from 12:00
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Sibanye-Stillwater cautions on its nickel and copper negotiations
JOHANNESBURG – Sibanye-Stillwater hereby advises its shareholders that the Company has entered into negotiations with affiliates of funds advised by
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Improving SA’s trade barrier score requires correct policy choices
Government-imposed barriers to trade, such as tariffs, duties, and protectionist policies, inhibit the flow of goods and services and hurt
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Anglo American releases production report for Q3 2021
According to the report production is up 2% compared to Q3 of last year, with its operating levels generally maintained
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South32 operations continue to deliver to annual guidance
In its QUARTERLY REPORT, South32 says it maintained FY22 production guidance with its operations continuing to deliver to plan, taking
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Without pro-trade reforms, Africa risks missing out on global growth
The Free Market Foundation (FMF) and the Initiative for African Trade and Prosperity (IATP) call on African governments to radically
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Volvo launches world’s first vehicle using SSAB’s fossil-free steel
Volvo Group has proudly revealed the world’s first vehicle made of fossil-free steel from SSAB – made in Volvo Construction
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BHP production and cost guidance remains unchanged for 2022
BHP Group released an operational review for the quarter ended 30 September 2021. Importantly, the quarterly update notes that production
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