GEMFIELDS’ Kagem to recommence emerald mining
LONDON – Gemfields is pleased to announce that Kagem Mining Limited (“Kagem”), the emerald mine in Zambia which is 75%
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Gemfields: losses due to disrupted market for emeralds and lower rubies production
LONDON: Gemfields the publication of the Company’s audited Annual Report and Accounts for the year ending 31 December 2024. Total
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MC Mining to become South Africa’s No.1 steelmaking hard coking coal producer
MC Mining Limited (MC Mining or the Company) has advised that, following the continued positive progress of the Company in
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Anglo American update on sale of steelmaking coal business to Peabody
Anglo American notes the recent statement issued by Peabody Energy (“Peabody”) in relation to the definitive agreements announced on 25
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Namibia’s oil can triple the size of its economy
Offshore exploration in Namibia started in the 1970s when Chevron discovered the Kudu gas field in shallow water. This discovery was never
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Rise of electrofuels is double win for platinum
Growth in low-carbon fuels produced by combining carbon dioxide with green hydrogen is a double win for PGM demand growth
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PPC approves Construction of new integrated cement plant in the Western Cape
Referring to the press release published on 16 January 2025, in which it was announced that, subject to satisfactory feasibility
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Anglo American’s steelmaking coal production decreases by 49%
Steelmaking coal production decreased by 49% to 2.4 million tonnes in Q4 2024, primarily impacted by the suspension of mining
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De Beers and Botswana sign diamond partnership for the next generation
Anglo American announces that De Beers Group (“De Beers”) and the Government of the Republic of Botswana (the “Government of
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De Beers reports lower diamonds output levels
The mining operations delivered steady operational performance, albeit at lower output levels as the business continued to reconfigure production in
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China burns record coal despite pledge to reduce emissions
1 October 2024, was the first day in nearly 150 years that power plants in the UK did not burn
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Gemfields enacts actions to cut costs and streamline the business
As a result of the challenges in the emerald market, each of which management view as being transient, Gemfields is
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Gemfields Group to cut costs and streamline business activity
LONDON – Following Gemfields’ most recent emerald and ruby auctions (the results of which were published on 22 November and
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Green hydrogen technology for Central and Eastern Europe
In a second stage, the expertise acquired by designing, building, and operating the first green hydrogen ecosystem in the Greater
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Paul Wurth invests with Norsk e-Fuel production
Norsk e-Fuel announces major partnership milestones by closing significant agreements on offtake and investment. Two international airlines – Norwegian Air
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Anglo American to sell interest in Jellinbah steelmaking coal mine
Anglo American has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd (“Jellinbah”), a
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Rio Tinto launches biofuel trial for renewable diesel production
MELBOURNE, Australia – Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The
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Hydro acquires additional 20% of synthetic graphite manufacturer
On September 6, the private equity fund Altor has exercised its put option, requiring Hydro to acquire additional 20 percent
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Eskom manages five consecutive months without loadshedding
Eskom has achieved a significant milestone of over five consecutive months without loadshedding. There was no loadshedding during the 2024
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Sasol clarifies greenhouse gas reduction target of 30% reduction by 2030
Sasol remains committed to a sustainable energy transition and work continues to refine its strategic direction, which includes its greenhouse
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Kinetic Development Group to invest US$90 million in MC Mining
MC Mining has announced that the Company has reached an agreement with Hong Kong Stock Exchange (HKSE) main board listed
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Gemfields reports continued demand for rough emeralds and rubies
LONDON – Gemfields has released information about its operational results and financial position for the six months ended 30 June
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Gazprom evaluates its hydrogen energy developments
Gazprom has addressed the issue of hydrogen production and utilization, as well as export of hydrogen and methane-hydrogen mixtures with
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Rio Tinto completes its solar power plant at Diavik Diamond Mine
YELLOWKNIFE, Canada – Rio Tinto’s Diavik Diamond Mine has completed installation of its 3.5 megawatt capacity solar power plant in
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Anglo American suspends Grosvenor steelmaking coal mine
Anglo American has suspended production at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition
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Exxaro: 1Q24 remained challenging due to low offtake from Eskom
The bearish trend on pricing continued from 2023 into 1Q24, mainly driven by sufficient supply of coal in major markets
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PPC reports on South Africa, Botswana and Zimbabwe Cement
Cement sales volumes in SA and Botswana were down 5,8% when compared to the prior year (FY23: negative 4,6%), reflecting
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PPC mothballs Jupiter milling plant and Slurry and Dwaalboom swing kilns
A significant increase in impairments to R267 million (FY23: R61 million) in the current year relate primarily to property, plant
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PPC Group revenue for the current year up by 20,6%
Group revenue for the current year rose 20,6% to R10 058 million (FY23: R8 339 million) driven primarily by a
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PPC to “overcome the challenges ahead.”
The PPC group has faced sustained underperformance and decreasing profitability over a number of years and as reflected at PPC
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