Minerals Council pins hopes for turnaround on Eskom
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...
Petra capital plans target positive cash flow in 2024/25 financial
PETRA Diamonds would be free cash flow negative in the short-term, especially as the diamond market remained volatile, but a restructure of its capital...
TFR forecasts 48Mt coal deliveries for 2023/24 financial year
TRANSNET last week forecast railed export coal to Richards Bay of 48 million tons (Mt) for the 12 months ended March 31 compared to...
Southern Palladium scopes out $408m Bengwenyama
SOUTHERN Palladium on Thursday published details of a scoping study into its Bengwenyama project estimating a post tax net present value of $700m assuming...
Conversation about coal’s future is at a critical juncture
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
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...
Thungela touches down in Dubai as eyes export drive
THUNGELA Resources is to market its coal production from Dubai after establishing a sales company with the emirate's Dubai Multi Commodity Centre Authority.
The move...
SA Govt unveils winning bidder for minerals cadastre
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...
B2Gold to study underground mining at Namibia’s Otjikoto
B2GOLD said drill results from exploration at its Otjikoto mine in Namibia indicate the possible viabilty of developing an underground mine.
If proven, the reserves...
Implats restarts tragedy-hit shaft amid sharp earnings fall
IMPALA Platinum expected to lose about 60,000 ounces of platinum group metals owing to the tragic underground accident at its Rustenburg 11 shaft in...