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Coal rail constraints forced Exxaro Resources to call off sale of...

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THE logistical constraints at Transnet Freight Rail (TFR) forced Exxaro Resources to halt its planned sale of its Leeuwpan mine in Mpumalanga, the company...

First Quantum to pay ZCCM-IH in revenue royalty following Zambia tax...

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FIRST Quantum Minerals has agreed to convert dividends from its Zambian copper mine Kansanshi to a revenue royalty, the Canadian firm said today. The agreement...

Exxaro suffers R11bn opportunity cost as year-on-year coal exports decline 32%

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TRANSNET Freight Rail (TFR) was on course for export deliveries to Richards Bay Coal Terminal (RBCT) of just over 54 million tons (Mt), said...

Petra suspends Williamson to mid-2023 as tailings fix to take longer...

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PETRA Diamonds said its Williamson mine in Tanzania would not return to production before the middle of 2023 following the partial collapse of a...

Centamin delays Doporo findings as hopes rise for project capex reduction

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CENTAMIN has delayed the publication of a prefeasibility study of its Doporo project in Côte d’Ivoire following an upgrade to its mineral resource and...

Project risk and volatile pricing makes lithium a different order of...

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SIBANYE-Stillwater achieved great success correctly picking platinum group metal (PGM) prices from about 2015/16 when it initiated an acquisition strategy that eventually took in...

Tharisa to post up to 9% lift in headline share earnings...

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CHROME and platinum group metal (PGM) miner Tharisa said basic share earnings for the 12 months ended September 30 would be between 41% and...

Sibanye-Stillwater approves R10.5bn Keliber project as green metals push begins in...

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SIBANYE-Stillwater has approved the €588m (R10.5bn) development of the Keliber lithium deposit in which it recently increased its shareholding to 85%. The project, situated in...

State wants stricter ‘use it or lose it’ enforcement in plan...

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THE Department of Mineral Resources and Energy (DMRE) should stand much firmer on the "use it or lose it" principle where mining rights are...

Kenmare lowers ilmenite guidance as Mozambique power supply falters

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MOZAMBIQUE mineral sands miner Kenmare Resources lowered its ilmenite forecast for 2022 and raised costs owing to power outages in the fourth quarter. Ilmenite production...