US investor targets Congo mine for peace deal
A PROMINENT Donald Trump ally is pursuing control of a controversial Congolese mine as part of Washington's fresh approach to resolving the region's long-standing...
Thungela, the coal mining success no-one expected
STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of...
Gold bolsters big miner revenues in 2024, says PwC
GOLD mining revenue prevented the world's largest miners from reporting a third consecutive decline in aggregate revenue, according to a report by PwC, an...
Thungela sheds cash as rain, geology hits coal output
THUNGELA Resources reported higher-than-forecast operating costs at its coal mines for the year-to-date (end-May) owing to production disruptions.
Heavy rains disrupted production at Isibonelo and...
Mali to restart production at Barrick’s Loulo-Gounkoto
MALI said a temporary administrator will restart production at Barrick Mining's Loulo-Gounkoto gold complex, which was put under provisional administration earlier this month, according...
Cutifani steps down as Vale Base Metals chair
MARK Cutifani is stepping down as chair of Vale Base Metals after two years amid a possible listing of the copper and nickel business...
Harmony Gold never better placed to build Wafi-Golpu
HARMONY Gold had never been in a better position to finance and build the massive Wafi-Golpu copper/gold project in Papua New Guinea (PNG) in...
Ivanhoe to overhaul mining at Congo’s Kakula mine
FUTURE mining operations at the Kakula copper mine in the Democratic Republic of Congo would be drastically modified following seismic activity in May which...
Sibanye-Stillwater to restart R5bn Burnstone gold project
SIBANYE-Stillwater is expected to approve the restart of its R5bn Burnstone gold project in South Africa's Mpumalanga province.
Neal Froneman, CEO of the precious metals...
Copper projects hamstrung by spiralling cost of capital
THE cost of capital was increasingly becoming a challenge in building new copper mines as resurgent inflation and factors such as infrastructure development drove...