Featured Creator
David McKay
David McKay has written on mining for more than 20 years. He is the editor of Miningmx.
Iron ore market weaker amid record freight rates, says Kumba
Kumba Iron Ore reported a tough third quarter hit by softer global demand, five-year high freight rates to China, and rail disruptions caused by a derailment on the export…
Gold Fields urged to drop dilutive Northern Star bid
UK asset manager Redwheel has called on Gold Fields to abandon its $23.6bn hostile takeover of Northern Star Resources, arguing the equity-backed deal dilutes shareholder upside…
Southern Palladium doubles Bengwenyama value
Southern Palladium has more than doubled the post-tax net present value of its Bengwenyama PGM project to $1.96bn, supported by enhanced chrome recoveries and stronger metal…
Sibanye-Stillwater approved R6bn project without BEE certainty
SIBANYE-Stillwater's decision to restart its R6bn Burnstone gold project in South Africa's Mpumalanga was based on the hope the group would not be required to re-empower the…
Thakadu eyes Europe’s EVs as it launches ultra-pure nickel
FOUR years after nickel moved into surplus, owing to massive new supply from Indonesia, prospects are beginning to look up. A deficit emerged in the nickel market during the…
Kenmare confirms buyout proposal from Abu Dhabi’s IRH
KENMARE Resources confirmed on Tuesday it had received a takeover proposal from International Resources Holdings (IRH), an Abu Dhabi company. “The board of Kenmare Resources…
Gold Fields will have to offer more to bag Northern Star
A SUREFIRE means of merger & acquisition (M&A) success is to pay cash — and barrel-loads of it. Easier said than done. Mining shareholders, including those of Gold Fields, want…
How little known germanium became crucial to warfare
The shooting down of a drone over Lithuania by Nato forces last month was construed as a worrying escalation in the Russia-Ukraine war, now in its fourth year. If the incident…
Orion Minerals’ cornerstone investor sells 12% stake
ORION Minerals’ anchor shareholder Tembo Capital Management, a UK-based private equity firm, has sold its stake of about 12% in the copper development company. Just under half…
Sibanye-Stillwater sits out capital raise on copper project
SIBANYE-Stillwater gave further evidence of its domestic priorities, opting not to take up shares in Generation Mining, a Canadian firm developing a copper and platinum group…
Gold Fields threatens to walk from Aussie tilt
GOLD Fields was prepared to walk away from a bid for Northern Star Resources, saying on Monday its $27bn offer did not “define” the company. “We really don’t feel we need to do…
Gold Fields goes hostile in $27bn Northern Star takeover
GOLD Fields confirmed today that Northern Star Resources had rejected its A$38.7bn ($27bn) cash-and-share takeover proposal, but said it intended to press on with its efforts to…
Why Gold Fields is keen on Australia’s Northern Star
WHY would Gold Fields want to buy Northern Star Resources, Australia’s 1.5 million ounce-a-year gold miner, as reported by Bloomberg News on Saturday? Neither company had…
Pan African poised for rerate as growth options abound
A R500m share buyback could be money well spent for Pan African Resources, the JSE-listed gold miner. Most analysts think the company is on the cusp of a rerate following its…
Rainbow Rare Earths paves way for SA mine in offtake deal
RAINBOW Rare Earths said on Thursday it aimed to publish a prefeasibility study (PFS) of its Phalaborwa rare earths project in South Africa in the fourth quarter, following a…
Former Gold Fields boss to join hunt for critical minerals
FORMER Gold Fields CEO Chris Griffith, who exited the miner four years ago after a failed mega-merger bid for Canada’s Yamana Gold, has joined a private equity venture aiming to…
Harmony Gold prices $500m bond as growth capex ramps up
HARMONY Gold today announced terms of a $500m convertible bond amid a major increase in capital expenditure during its 2027 financial year. The gold miner has targeted…
Does Sibanye-Stillwater need its US mine? Probably not
THE Stillwater palladium mine in Montana has performed many functions under the ownership of Sibanye-Stillwater, the JSE miner. When the group first bought it in 2017 for $2.2bn,…
Expensive yes, but $300m bond takes Tharisa to next step
UNTIL Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum group metals (PGM)…
Pan African plans R500m buy-back after declaring record dividend
PAN African Resources announced plans to buy back up to R500m of its own shares after a surge in cash flow helped it declare a record final dividend for its 2026 financial year.…