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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 year after China set up a company that’s expected to become the world’s biggest iron-ore buyer, the firm and how it will operate remains shrouded in mystery. China Mineral Resources Group was...
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 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...
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...
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...
The Chatree gold mine, in Thailand, continues to perform above expectations, with the project producing some 10 000 oz of gold and 110 000 oz of silver since commissioning of Plant #2. ASX-listed...
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 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...
India’s lower house of parliament approved changes to the country’s mining rules to boost exploration, including allowing private miners to search for some critical minerals like lithium. The main...
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...
In a strategic move to accelerate growth in its energy transition metals platform, Brazilian major Vale on Thursday announced the sale of a 13% interest in its base metals unit for $3.4-billion....
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...
Iron-ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the type of big-bang, infrastructure-heavy stimulus that China used to deploy. Authorities have...
Junior Emerald Resources has launched another takeover bid for unlisted gold explorer Bullseye Mining. The company last year gained a 59.32% shareholding in Bullseye after offering shareholders...
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...
JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2 000 an ounce by year-end and hit fresh records in 2024 as interest rates start...
The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview....
ASX-listed Australian Strategic Materials (ASM) and Blackstone Minerals has inked a three-way memorandum of understanding (MoU) with rare earth element refiners Vietnam Rare Earth Company (VTRE) to...
The official sod-turning ceremony for the Mogale Tailings Retreatment project on Gauteng's West Rand took place on Tuesday, July 25. The R2.5-billion project, near Krugersdorp and Kagiso, received...
The International Seabed Authority (ISA) on Friday reached an agreement that gives the United Nations-affiliated regulator breathing room to finish rules for strip-mining deep ocean ecosystems for...
JSW Steel is on the lookout for coal assets globally as the tycoon Sajjan Jindal-led mill seeks to tie up raw material supplies for its expansions in India. India’s top producer of the alloy has...
Momentum is building in the hydrogen economy, which is important for the planet and for platinum group metals (PGMs), Anglo American Platinum FD Craig Miller said on Monday. “There have been over 1...
Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) is finalising the permitting process for the future opencast Middelaagte mine, one of three areas of the...
China’s northeastern province of Liaoning has ordered mines to shut and evacuated 5 590 residents due to flooding, with rainfall expected to continue over the next two days. Some 116 non-coal...
Platinum group metals (PGM) mining and marketing company Anglo American Platinum on Monday declared an interim dividend after achieving results in line with changed guidance. An interim dividend of...
The nickel market is at a “turning point” with a wave of supply of the battery metal about to hit the London Metal Exchange and push down prices, according to strategists at Macquarie Group. The...
Integrated procurement and project management needs to be actively adopted by South Africa’s private and public sectors to ensure optimal return on investment, job creation, skills development, and...
Platinum continues to demonstrate its importance in medical applications, particularly in continuous glucose monitoring devices that enable people to manage their Type 1 and 2 diabetes in...
Indian miner Hindustan Zinc on Friday reported a fall in first-quarter profit, dragged by weak zinc and lead prices, and despite reduced expenses and tax burden. The company's consolidated net...
Diversified mining and marketing company Glencore expects this year’s marketing earnings to exceed the top end of its guidance range. The London- and Johannesburg-listed producer and marketer of...
Australia has barred the takeover of financially stricken lithium miner Alita Resources by a China-linked company after advice from its Foreign Investment Review Board (FIRB), a spokesperson for...
Delegates to the UN-affiliated organization that regulates seabed mining cut a livestream of their negotiations Wednesday and retreated behind closed doors in an attempt to resolve a dilemma the...
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