Kenmare says Moma agreement not yet confirmed
Kenmare Resources says it cannot yet confirm whether its key Implementation Agreement with the Mozambican government has been finalised, awaiting formal communication.
Tharisa starts wheeling renewable power to SA mine
Tharisa has begun receiving wheeled renewable electricity from an Etana Energy wind project in Mpumalanga, marking the first step in a major long-term clean power deal.
BHP keeps copper forecast despite 19% output fall
BHP has maintained its full-year copper guidance despite a 19% drop in quarterly output caused by lower ore grades, maintenance, and severe weather in Chile.
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…
DRDGold cash flow on the rise as capex burden eases
DRDGOLD recorded R725.8m in free cash inflow for the September quarter, driven by higher gold output and stronger prices that lifted operating profit by 42%.
For Sibanye-Stillwater, R6bn is a lot to spend on faith
Sibanye-Stillwater’s R6bn restart of the Burnstone gold mine represents a major investment, yet unresolved regulatory and empowerment rules mean the multi-decade commitment is…
Ivanhoe Electric in advanced talks over Arizona copper
Ivanhoe Electric is holding advanced talks with prospective buyers for copper from its Santa Cruz project in Arizona, driven by growing demand from data centres and power networks.
Implats bonuses under scrutiny after worker deaths
Impala Platinum faces growing scrutiny over executive remuneration and bonus payouts following multiple worker fatalities across its operations.
South32 lifts SA manganese output, cuts costly trucking
South32 increased South African manganese output by 11% in the September quarter, driven by gains at the Wessels mine, even as sales dropped after the group reduced higher-cost…
Orion Minerals $40m offtake with Glencore gets green light
Development is set to begin at Orion Minerals' Prieska Copper Zinc Mine after the first $40m tranche of its $250m offtake agreement with Glencore became unconditional.
Congo detains 300 Chinese in illegal mining crackdown
Around 300 Chinese nationals have been detained in the Democratic Republic of Congo's copper-rich Kolwezi hub during a targeted crackdown on illegal mining operations.
TechMet taps Venezuela for US vanadium supply
Critical minerals investor TechMet has begun purchasing Venezuelan refinery by-products to feed its vanadium facilities in Arkansas, capitalising on eased US trade restrictions…
World Bank eyes $19bn critical minerals drive
The World Bank plans to boost its critical minerals financing fivefold to $19 billion over the next five years, targeting partnerships across 20 countries to support mining and…
AngloGold Ashanti rules out share buy-back binge
AngloGold Ashanti CFO Gillian Doran stresses that share buybacks must remain opportunistic amid high equity valuations, reiterating dividends as the company's primary return…
BlackRock's Hambro lays into "reckless" gold company buy-backs
BlackRock's Evy Hambro has slammed major gold producers for committing billions to share buy-backs without adequate planning, labelling the move reckless capital allocation.
Kenmare faces two-year low-grade stretch at Nataka
Kenmare Resources prepares for a two-year stretch of lower-grade mining as it shifts production to Nataka, an ore body set to sustain its Moma titanium minerals mine for decades.
Tech firms in talks over metals supply, says Wanblad
Technology companies building data centres for AI are in active talks with miners to secure direct supplies of critical metals like copper, says Anglo American CEO Duncan Wanblad.
Rich families are buying gold and the companies that mine it
Family offices that initially moved into bullion and gold ETFs are now expanding into gold mining equities, seeking a multiplier effect amid broader portfolio diversification.
Valterra Platinum to explore chrome output with Tharisa
Valterra Platinum is evaluating Tharisa's proprietary processing technology to extract fine chrome from tailings, alongside signing a key long-term PGM concentrate offtake…
Rupert’s Richemont, Signet eye stakes in De Beers bid
Luxury group Richemont and US retailer Signet Jewelers are in advanced discussions to join the consortium leading the race to acquire De Beers from Anglo American.