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Afrimat is a new breed of diversified miner

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If there is a fatal flaw in mining companies, it is poorly timed capital allocation at the top of a particular commodity cycle. More...

Rise of AI to fuel copper shortage, says BHP

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THE rise of artificial intelligence will contribute towards a looming supply deficit in copper, said the Financial Times citing comments by BHP's CFO Vandita...

PTM defies sceptics with optimised $946m Waterberg project study

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PLATINUM Group Metals (PTM) today published an updated definitive feasibility study for its 50.02% controlled Waterberg Joint Venture, a project that will produce PGMs,...

Lucara Diamond recovers another whopper at Karowe

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LUCARA Diamond Corp., the Toronto-listed miner, said on Monday it had recovered a 1,094 carat diamond from its Karowe mine in Botswana. Karowe, which is...

From Crapco to mid-tier copper play, Kerr’s says South32 is unique

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IT'S 10 years since BHP demerged production in coal, aluminium and silver into a company that became South32 — so named owing to its...

Zambian miners turn to once beleaguered utility, Eskom

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MINERS in Zambia have turned to an unlikely source in order to offset electricity shortages caused by a drought: Eskom, the until recently beleagurered...

Froneman says 10% share boost sign PGMs near price inflection

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SHARES in Sibanye-Stillwater climbed about 10% in Johannesburg on Thursday following a positive bump in platinum group metal prices. The palladium price increased to $1,032.97...

Sibanye-Stillwater to halve Stillwater output, eyes $600-700m in metal sales

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SIBANYE-Stillwater is to cut production at its US Stillwater palladium/platinum mine 200,000 ounces/year and is nearing additional prepayment deals on gold as well as...

Barrick to complete Lumwana expansion study by year-end

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BARRICK CEO Mark Bristow said on Wednesday a study into the $2bn expansion of the group's Lumwana copper mine in Zambia was expected to...

Nickel prices jump as Putin calls for commodity export cuts

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RUSSIA should consider limiting exports of uranium, titanium and nickel in retaliation for Western Sanctions, said President Vladimir Putin. Citing televised remarks by the Russian...