Merafe increases ferrochrome production by 0.3%
Merafe Resources has reported that weaker commodity prices and increasing costs made for a challenging year for Merafe. Earnings slumped
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South Africa
Impala Platinum on track to deliver refined production guidance
Implats delivered a commendable operating performance in H1 FY2025 following Group-wide labour restructuring and changes to operating parameters at several
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SEIFSA criticises AMSA for mothballing its long-steel operations
Johannesburg – ArcelorMittal (SA) has made a final decision on mothballing its long-steel operations at its Newcastle Works, Vereeniging Works,
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ArcelorMittal South Africa winds down Longs Steel business
ArcelorMittal South Africa informed investors of the anticipated Q3 losses, driven by weak financial performance in the Longs Business. Key
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Recent green metals Developments in South Africa
South Africa’s partaking in the global value chains for green and transition minerals is currently concentrated at the initial stages
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Eastern Platinum commissions PGM processing plant at Crocodile River mine
VANCOUVER, British Columbia – Eastern Platinum has announced that it has been advancing the commissioning activities of its platinum group
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Eskom updates on electricity availability: August to September 2024
For more than six months, South Africa has not experienced loadshedding. However, there was a decline in Eskom’s September Energy
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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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Kumba Iron Ore to invest in processing technology at Sishen mine
Kumba has now completed a full technical review of its ultra-high-dense-media-separation (UHDMS) processing technology project at its Sishen mine in
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Eastern Platinum reports results for the second quarter of 2024
Vancouver, British Columbia, August 13, 2024 – Eastern Platinum has reported that it has filed its condensed interim consolidated financial
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Afrimat business update and pre-close briefing session
Afrimat reports that the build-up to the first half of the 2025 financial year (“HY2025”) is best characterised by two
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Kumba production for the six months drops by 2%
Kumba released the following overview of production and sales report for the six months ended 30 June 2024: Mining and
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Merafe’s attributable ferrochrome production decreases 17%
Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture (“Venture”) for the six months ended 30 June
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AMSA anticipates returning to profitability at the end of 2024
Revenue for the interim period of the six months ended 30 June 2024 lowered to R20.5 billion (2023: R21 billion)
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Sibanye-Stillwater concludes consultations at its SA gold operations
Johannesburg: Sibanye-Stillwater advises that consultations regarding the proposed restructuring at its SA gold operations and its Southern Africa (SA) region
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Miracle possible!? – ESKOM: 100 days without load-shedding on 4 July
The improvement in the Energy Availability Factor is reflected in the country reaching the milestone of 100 days without load-shedding
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PAN AFRICAN RESOURCES: Operational update for H1 FY2024
Pan African has provided a production update for the half year ended 31 December 2023. KEY FEATURES Operations performed in
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Pan African Resources: Excellent progress made with MTR construction
ROSEBANK – Robust gold production expected for the half year ending Dec 2023 and excellent progress made with MTR construction.
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AFRIMAT: Iron ore mines recorded an overall increase of 29,7%
The Bulk Commodities segment, consisting of the iron ore mines and an anthracite mine, contributed 72,3% to the Group’s operating
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SA’s mining sector down 2.5% in August; mineral sales down 16.1%
Statistics South Africa (StatsSA) has reported that the domestic mining production decreased by 2.5% year-on-year in August 2023. StatsSA said
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Implats secures ownership of Royal Bafokeng Platinum
The year’s highlight for Implats was securing ownership of Royal Bafokeng Platinum Limited (RBPlat) and the Group is implementing its
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DRDGOLD: profits up in FY23 on higher gold price and yield increase
DRDGOLD, a South African gold producer that recovers gold from the retreatment of surface tailings, reported today that its revenue
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WESIZWE PLATINUM: Resumption of Operations at Bakubung Mine
Johannesburg – Bakubung Platinum Mine (BPM) has successfully re-opened its operations. This significant development follows the signing of a crucial
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Only Lion Smelter to operate during high electricity demand season
Merafe’s attributable ferrochrome production decreased by 9% from 203kt to 185kt for the six months ended 30 June 2023. The
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Pan African reports lower gold production in FY23
South African gold miner Pan African Resources (AIM: PAF) announced Monday that its gold production for the financial year ended
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ArcelorMittal South Africa reports loss of R448 million
ArcelorMittal South Africa says weaker trading environment with substantially lower international market prices and stagnant economic growth resulted in headline
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Makhado project – significant increases in mine life and coal reserves
MC Mining Limited (MC Mining or the Company) has announced the results of the updated Life of Mine (LOM) plan
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Rainbow to allow 100% ownership of the Phalaborwa REE project in SA
Rainbow Rare Earths (LSE: RBW) announced on Wednesday that it has signed an agreement with Bosveld Phosphates to allow 100%
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Merafe Resources announces ferrochrome price for the 3Q/2023
Merafe Resources has announced that the European benchmark ferrochrome price for the third quarter of 2023 has been settled at
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Afrimat acquires Lafarge South Africa
Afrimat has entered into a share purchase agreement with a Holcim Group subsidiary, Caricement, in terms of which the Company
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