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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... 


Massive Chinese State iron-ore buyer still an unknown quantity
Massive Chinese State iron-ore buyer still an unknown quantity
1st August 2023 By: Bloomberg

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... 


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... 


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... 


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... 


Chatree continues to beat expectations
31st July 2023 By: Esmarie Iannucci

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... 


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... 


India house amends mining rules to open lithium to private firms
28th July 2023 By: Bloomberg

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... 


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... 


Vale sells 13% of its base metals unit for $3.4bn
Vale sells 13% of its base metals unit for $3.4bn
28th July 2023 By: Mariaan Webb

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.... 


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... 


Iron-ore looks set for a tumble as major stimulus hopes fade
Iron-ore looks set for a tumble as major stimulus hopes fade
27th July 2023 By: Bloomberg

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... 


Emerald takes another run at Bullseye
27th July 2023 By: Esmarie Iannucci

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... 


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... 


JPMorgan sees gold charging to records in 2024 as Fed cuts rates
JPMorgan sees gold charging to records in 2024 as Fed cuts rates
26th July 2023 By: Bloomberg

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... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

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.... 


Blackstone and ASM join forces in Vietnam
26th July 2023 By: Esmarie Iannucci

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... 


Department of Mineral Resources Regional Manager Siyabonga Vezi (left) and Pan African Resources CEO Cobus Loots at the official sod-turning ceremony for the construction of the R2.5-billion Mogale Tailings Retreatment project.
Mogale gold-from-dumps project takes off on West Rand
25th July 2023 By: Martin Creamer

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... 


Deep-sea mining authority targets 2025 for regulations
25th July 2023 By: Bloomberg

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... 


Tycoon Jindal’s JSW Steel scouts for global coal mining assets
Tycoon Jindal’s JSW Steel scouts for global coal mining assets
25th July 2023 By: Bloomberg

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... 


Anglo American Platinum FD Craig Miller.
Hydrogen economy momentum building, Anglo American Platinum FD reports
24th July 2023 By: Martin Creamer

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... 


Outgoing Anglo American Platinum CEO Natascha Viljoen.
Opencast production expected at Anglo Platinum’s Middelaagte mine by year-end
24th July 2023 By: Martin Creamer

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... 


116 mines shut, people evacuated due to flooding in north-east China
24th July 2023 By: Bloomberg

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... 


Anglo Platinum FD Craig Miller.
Anglo Platinum declares R3bn half-year dividend, spending R3bn on growth capex
24th July 2023 By: Martin Creamer

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... 


Nickel’s at a crossroads as supply boom hits LME, Macquarie says
24th July 2023 By: Bloomberg

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... 


ECS Associates MD Mile Sofijanic.
ECS partnering Anglo Platinum in delivery of mining company’s project pipeline
21st July 2023 By: Martin Creamer

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... 


Chinese researchers considering more ways to manage diabetes using platinum
21st July 2023 By: Marleny Arnoldi

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... 


Hindustan Zinc's Q1 profit falls on weak zinc, lead prices
21st July 2023 By: Reuters

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... 


Glencore CEO Gary Nagle.
Glencore expects 2023 marketing earnings to beat guidance
21st July 2023 By: Martin Creamer

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... 


Image shows Australian flag and coat of arms
Australia blocks acquisition of lithium mine by China-linked firm
21st July 2023 By: Reuters

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... 


At international deep sea mining meeting, debate moves behind closed doors
At international deep sea mining meeting, debate moves behind closed doors
21st July 2023 By: Bloomberg

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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