Markets

Minerals Council pins hopes for turnaround on Eskom

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THE Minerals Council of South Africa is looking for a stabilisation in the country’s mining industry ahead of a possible turnaround this but it...

TFR forecasts 48Mt coal deliveries for 2023/24 financial year

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TRANSNET last week forecast railed export coal to Richards Bay of 48 million tons (Mt) for the 12 months ended March 31 compared to...

Conversation about coal’s future is at a critical juncture

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IN the dialogue on energy sustainability, coal often finds itself at the centre of a contentious debate. As economies navigate the intricacies of climate...

Glencore, BHP output declines put supply deficit back on radar

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GLENCORE'S fourth quarter and full year production report sprung few surprises with year-on-year declines registered in copper, nickel and zinc. A portion of Glencore's lower...

SA Govt unveils winning bidder for minerals cadastre

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SOUTH Africa's depatment of mineral resources and energy on Wednesday announced it had appointed a consortium of three private companies to build a new...

Base says talks to lift Toliara suspension to resume

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BASE Resources said finalising its Toliara project had become a priority for the Madagascar government following elections in the African island nation. Commenting in its...

South32 reports aluminium build at congested Richards Bay

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SOUTH32 said port congestion at Richards Bay had contributed towards a $275m working capital build at the midpoint of its 2024 financial year. Commenting in...

ICCM members commit not to mine near world heritage sites

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THE International Council on Mining and Metals (ICMM) earlier this week said that its members would stay away from exploration-related activities at world heritage...

Mantashe says minerals cadastre to be announced “this week”

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MINES minister Gwede Mantashe has set a new delivery date for South Africa's much-delayed minerals cadastre, saying today it would be unveiled as early...

Kenmare says restocking to drive ilmenite despite soft Q1 price

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KENMARE, the UK listed mineral sands miner, forecast strong demand for its products this year but acknowledged prices for first quarter shipments were weaker. Kenmare...