ArcelorMittal South Africa announces decarbonisation roadmap
VANDERBIJLPARK – In its 2021 (inaugural) Environmental, Social and Governance (ESG) report, ArcelorMittal South Africa communicated that it was planning
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South Africa
THARISA: Operations impacted by adverse weather conditions
Tharisa, the platinum group metals (PGMs) and chrome co-producer announces that total reef mined of 1 081.5 kt (Q4 FY2022:
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AMSA blames high prices of raw materials on its weaker performance
VANDERBIJLPARK – Based on information currently available, ArcelorMittal South Africa has advised that the Company expects the earnings per share
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Merafe increases 2022 ferrochrome production by 1.3%
Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture decreased by approximately 5.0% for the quarter ended 31
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SEIFSA: Eskom cannot provide sufficient electricity to its customers
SEIFSA Chief Operating Officer Tafadzwa Chibanguza notes with grave disappointment the significantly above inflation tariff increase granted by the National
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Govt’s infrastructure plans to boost demand for galvanized steel
PRETORIA – Government spending on building new and rehabilitating existing infrastructure will increase from R66.7 billion from 2022 to 2023
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MC Mining outsources the Vele Aluwani Colliery
MC Mining Limited (MC Mining or the Company) has announced that it signed a Contract Mining Agreement with Hlalethembeni Outsourcing
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MC Mining: Anti-fossil fuel trend and war resulted in record coal prices
MC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
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Ferrochrome price announcement for the first quarter of 2023
Merafe Resources has advised that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at
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Southern Palladium – Assays from Bengwenyama return strong results
Southern Palladium has released the first assay results for the UG2 reef on the Bengwenyama Platinum Group Metal (PGM) project
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Orion commences field trials at the Prieska Copper-Zinc Mine
Orion has commenced a series of field trials for the treatment of mine water at the Prieska Copper-Zinc Mine (PCZM)
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Ivanplats receives final $225 million prepayment for Platreef
JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines Executive announces today that the company’s South African subsidiary, Ivanplats, has received the second
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ARM pleased with the acquisition of the Bokoni Platinum Mine
African Rainbow Minerals reports that its ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million),
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ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
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A feasible South African policy solution to the crisis of electricity generation
The electricity crisis in South Africa is self-inflicted. This has become clear from the many costly disruptions in electricity supply
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Pan African will acquire Mogale Gold and MSC in the next month
In November 2020, Pan African Resources announced that the Company had entered into conditional sale of shares agreements to acquire
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Bokoni Mine to employ mechanised mining methods
The acquisition of Bokoni Platinum Mine was completed by African Rainbow Minerals on 12 August 2022. The purchase consideration of
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Northam Platinum: Difficult operational environments at its mines
Notwithstanding the array of challenges faced during the year the year ended 30 June 2022, Northam Platinum operations collectively achieved
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MC Mining reaps the benefit of favourable coal prices
MC Mining says it has made very pleasing progress during the last four months. This includes securing the standby loan
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Hulamin: Sales volume increased to 103,300 tons, revenue up by 45%
Hulamin says in its interim results for the period ended 30 June 2022 that the year 2022 began with solid
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Harmony Gold: Higher production costs, higher impairment loss
Johannesburg – Harmony Gold Mining Company has advised that basic earnings for FY22 will be lower than for the year
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Higher ferrochrome prices improve Merafe Resources results
Merafe achieved a profit of R925 million for the six months ended 30 June 2022, as a result of higher
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Transnet continues to ruin the SA mining industry
On 14 April 2022, Thungela issued an announcement on SENS and RNS informing the market that Transnet SOC Ltd, acting
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NORTHAM PLATINUM: margin pressures and lower 4E metal prices
Johannesburg – As published on 20 September 2021, Northam Holdings was introduced as the new holding company for the group.
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DRDGOLD slightly exceeds production guidance for the year ended 30 June 2022
DRDGOLD’s production guidance for the Current Reporting Period was between 160 000 and 180 000 ounces of gold at a
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Eastern Platinum reports results for the second quarter of 2022
Vancouver, British Columbia – Eastern Platinum has reported that revenue for Q2 2022 increased to $20.5 million (Q2 2021 –
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Newcastle blast furnace: 5 382 carbon blocks, 14 047 refractory bricks
ArcelorMittal South Africa average capacity utilisation decreased from 59% in the 2021 comparable period to 42% in 2022 and should
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It’s time to end Eskom’s monopoly
In 2022 alone, we have had a combined 673 hours of loadshedding (at time of writing); that is 28 days
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AMSA: SA steel consumption for H1 2022 decreased by 14%
Global crude steel production decreased to 949 million tonnes due largely to plant idling because of pandemic-related lockdowns, high inventories
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Thungela: Marginalised coal brings excellent returns
Coal miner Thungela is a bit of a pun, really. Anglo American gave the business away to its shareholders at
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