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AngloGold’s JSE share price falls on earnings warning
Updated 5 hours ago By: Darren Parker

Gold mining company AngloGold Ashanti has advised its shareholders to expect a considerable decrease in earnings for the six months ended June 30. The company, which is set to publish its interim... 


A queue of trucks transporting coal
Global demand for coal is bringing mayhem to South African towns
1st August 2023 By: Bloomberg

An often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. Elephants escaping from the nearby Kruger National Park... 


rough diamonds
Diamcor reports narrowed losses
1st August 2023 By: Darren Parker

Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year.... 


The Secunda complex
In appeal against air-quality decision, Sasol again makes case for load-based emission limit
1st August 2023 By: Terence Creamer

Energy and chemicals group Sasol has moved to formally appeal a decision of the National Air Quality Officer (NAQO) to decline its application to have its Secunda boilers regulated using a... 


Uranium price ticks up after Niger coup, more gains expected
Uranium price ticks up after Niger coup, more gains expected
1st August 2023 By: Reuters

The price of uranium has risen only slightly since a military coup in Niger last week as mining operations have continued in the world's seventh largest producer of the radioactive metal, but a... 


Pan African Resources chairperson Keith Spencer.
Funding closes for gold project with potential to be shining modern mining exemplar
1st August 2023 By: Martin Creamer

Funding has closed for the gold-from-dumps mining project west of Johannesburg, which has the potential to make the surrounding towns thrive once again, and be a shining example of what modern... 


In the race to mine the seabed, China takes a hard line
1st August 2023 By: Bloomberg

In an international showdown that is pitting China against dozens of other nations, one company’s quest to strip-mine the seabed for valuable metals has hit a roadblock. Friday marked the... 


Rio Tinto CEO Jacob Stausholm
Rio Tinto focused on small buyouts to smooth portfolio - CEO
1st August 2023 By: Reuters

Rio Tinto CEO Jakob Stausholm said on Tuesday the global miner is focused on small, bolt-on acquisitions to shape its portfolio and is looking at a number of potential lithium acquisitions but... 


Gold coins
Gold investment remains resilient, WGC report shows
1st August 2023 By: Darren Parker

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 


A rail line
Botswana, South Africa seek funds for $230m minerals line
31st July 2023 By: Bloomberg

State-owned rail companies from Botswana and South Africa are seeking funding for a three-billion pula ($230-million) railway line between the two countries to transport commodities including coal.... 


Aton announces promising exploration results for Egypt project
31st July 2023 By: Darren Parker

TSX-V-listed Aton Resources has released the latest results from its surface sampling programmes at the Zeno and Semna regional target areas at its Abu Marawat concession in the eastern desert of... 


Gemfields produces slightly lower interim output
31st July 2023 By: Marleny Arnoldi

London- and Johannesburg- listed Gemfields produced 17.4-million carats of emeralds in the six months ended June 30, including 85 000 ct of premium emeralds, from the Kagem emerald mine, in Zambia.... 


Kropz's Elandsfontein mine
Kropz’s shares resumes trading in London, but Elandsfontein ramp-up drags
31st July 2023 By: Marleny Arnoldi

Aim-listed phosphate miner Kropz’s shares have resumed trading on the London Stock Exchange following a temporary suspension since July 3. The company’s shares were suspended owing to its results... 


MC Mining MD and CEO Godfrey Gomwe
Makhado project economics improved as LoM increases ‘significantly’
31st July 2023 By: Darren Parker

An updated life-of-mine (LoM) plan and coal reserve estimate for MC Mining’s fully-licensed and shovel-ready Makhado steelmaking hard coking coal project have significantly increased the LoM and... 


President Cyril Ramaphosa
One-year progress report says rooftop installations have doubled since start of Energy Action Plan
31st July 2023 By: Terence Creamer

Despite ongoing loadshedding, President Cyril Ramaphosa has moved to highlight some of the implementation progress under the Energy Action Plan (EAP), which marked its first anniversary in late... 


Orion on track to publish Okiep feasibility study results in August
31st July 2023 By: Marleny Arnoldi

ASX-listed Orion Minerals has confirmed that a feasibility study on the Okiep copper project, in the Northern Cape of South Africa, is well advanced, and that the results thereof will be published... 


Mogale Tailings Retreatment project operations manager Oriel Shikwambana.
Most of 500 employees for constructing gold-from-dumps project will be local
31st July 2023 By: Martin Creamer

Employees for the construction of the Mogale Tailings Retreatment project on Gauteng’s West Rand will be largely locally sourced. “We aim to employ approximately 500 employees during construction... 


Gruyere production falls as expected
31st July 2023 By: Esmarie Iannucci

Gold production from the Gruyere mine, in Western Australia, declined slightly in the three months to June following mining delays, with the company adjusting full-year guidance. ASX-listed Gold... 


The mining world turns to Saudi cash for critical metal supply
The mining world turns to Saudi cash for critical metal supply
31st July 2023 By: Bloomberg

A $2.6-billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player. The... 


Gold heads for weekly loss on strong US economic data
28th July 2023 By: Reuters

Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient US economy soured bets for a dovish tilt in US monetary... 


IonicRE advances work on Makuutu demonstration plant
28th July 2023 By: Cameron Mackay

Construction has started on a demonstration plant at rare earth minerals developer Ionic Rare Earths’ (IonicRE’s) 60%-owned Makuutu heavy rare earths project, in Uganda. The installation contract... 


Bushveld announces changes to subsidiary’s holdings in Enerox
28th July 2023 By: Marleny Arnoldi

Aim-listed Bushveld Minerals has announced that its subsidiary, Vanadium Redox Flow Batteries Holdings (VRFB-H), received notice from Garnet Commerce that it is exercising an option to acquire... 


De Beers Group CFO Sarah Kuijlaars.
Strong half-year De Beers production in tough macro environment
28th July 2023 By: Martin Creamer

The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond... 


Photo of Martin Creamer
Mogale, Middelaagte, green hydrogen make headlines
28th July 2023

Mining Weekly Editor Martin Creamer discusses the Mogale Tailings Retreatment project which had its sod turning this week; Anglo American Platinum finalising the permitting process for the future... 


Tanzania lodges appeal on $109m Indiana payment
28th July 2023 By: Esmarie Iannucci

The government of Tanzania has reportedly lodged a request with the International Centre for Settlement of Investment Disputes (ICSID) to annul a $109.5-million award to ASX-listed Indiana... 


Anglo American CE Duncan Wanblad.
Southern Africa is now Anglo’s only business region not on renewable energy
27th July 2023 By: Martin Creamer

Southern Africa is now the only region in the Anglo American business fold that is not on renewable energy because the company cannot go to a market and acquire that energy in the same way that it... 


BUSA VP Adrian Gore
CEOs from 115 companies pledge to help rebuild South Africa
27th July 2023 By: Terence Creamer

CEOs from over 115 leading corporations operating in South Africa and which collectively employ 1.2-million people and have a combined market value R11-trillion, have formally pledged to help the... 


New Anglo American Platinum CEO Craig Miller.
Craig Miller is new Anglo American Platinum CEO
27th July 2023 By: Martin Creamer

Anglo American Platinum FD Craig Miller is the new CEO of Anglo American Platinum, with effect from October 1. This follows incumbent CEO Natascha Viljoen’s decision in February 2023 to take up the... 


Resolute's production falls slightly in June Q
27th July 2023 By: Esmarie Iannucci

Africa-focused gold miner Resolute Mining has reported cost increases and decreased production in the June quarter, compared with the previous quarter. During the three months to June Resolute... 


Power failures impact Sierra Rutile quarter
27th July 2023 By: Esmarie Iannucci

ASX-listed Sierra Rutile has closed the door on a tough quarter, with the miner forced to revise its full year production guidance. Rutile production in the three months to June dropped to 25 000... 


Image shows ore from DeGrussa
Sandfire weighing options at DeGrussa
27th July 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has taken the decision to transition the DeGrussa mine to care-and-maintenance, and was now considering a number of alternatives for the mine, including closure,... 


Haib copper project
Deep-South releases previously undisclosed Haib copper exploration results
26th July 2023 By: Darren Parker

TSX-V-listed Deep-South Resources has announced the third batch of assay results from its drilling programme, which was interrupted in June 2021, at its Haib copper project in southern Namibia. The... 


New research could spark future diamond discoveries
26th July 2023 By: Tasneem Bulbulia

An international team of scientists led by the University of Southampton has discovered that the breakup of tectonic plates is the main driving force behind the generation and eruption of... 


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