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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... 


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... 


The Oksut mine
Centerra updates guidance as Öksüt restarts
1st August 2023 By: Mariaan Webb

Canada-based Centerra Gold has updated its full-year production guidance, following the resumption of operations at Öksüt, in Türkiye, in early June. The company, which on Monday reported... 


Pricetag placed on Primobius refining hub
1st August 2023 By: Esmarie Iannucci

An engineering cost study (ECS) for the hydrometallurgical refinery (hub) section of a fully integrated lithium battery recycling plant, has estimated capital cost of €274-million. ASX- and... 


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... 


Rio commits $150m to future materials centre
1st August 2023 By: Esmarie Iannucci

Major Rio Tinto has committed $150-million to create a Centre for Future Materials to find innovative ways to provide the materials the world needs for the energy transition. The ‘Rio Tinto Centre... 


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... 


Glencore takes full ownership of Argentina copper project as Pan American sells noncore assets
Glencore takes full ownership of Argentina copper project as Pan American sells noncore assets
31st July 2023 By: Mariaan Webb

Canada-headquartered Pan American Silver on Monday announced the sale of three noncore assets for $539-million, including the disposal of its controlling interest in the MARA joint venture (JV)... 


London copper set for best month since January
London copper set for best month since January
31st July 2023 By: Reuters

Copper prices in London were on track on Monday for their best monthly performances since January on prospects of further stimulus in top consumer China and that the US Federal Reserve will pause... 


UK Prime Minister Rishi Sunak
Britain commits to future North Sea oil and gas licences
31st July 2023 By: Reuters

Britain on Monday committed to granting future licences for North Sea oil and gas extraction as part of efforts to become more energy independent, in plans that have drawn criticism from... 


Glencore in advanced talks for Argentina copper stake
28th July 2023 By: Bloomberg

Glencore is in advanced talks to buy out its partner in Argentina’s Mara copper project as the commodity trader and miner seeks increased exposure to the metal, according to people familiar with... 


Image of BMW's new self-driving test site in Sokolov
What to do with an old mine? Turn it into a self-driving test track
28th July 2023 By: Irma Venter

BMW has launched a new test site in Sokolov, Czechia, aimed at developing self-driving and self-parking. The German car maker says the 300-million euro Future Mobility Development Center (FMDC)... 


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... 


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... 


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... 


Eramet says it secured $400m lithium deal with Glencore
27th July 2023 By: Reuters

Eramet said on Wednesday that it had signed earlier this month a $400-million deal with commodities group Glencore to jointly market some 50 000 metric tons of lithium produced on its Argentina... 


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... 


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,... 


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... 


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.... 


Centamin posts 26% improvement in H1 earnings
26th July 2023 By: Marleny Arnoldi

London-listed gold miner Centamin has improved its earnings before interest, taxes, depreciation and amortisation (Ebitda) for six consecutive months, and declared an interim dividend of $0.02... 


Hochschild reports lower q/q production
26th July 2023 By: Creamer Media Reporter

Precious metals miner Hochschild has reported a quarter-on-quarter drop in gold and silver production, owing to a temporary delay at the Inmaculada mine, in Peru. The London-listed miner delivered... 


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... 


Hummingbird posts turnaround to positive first-half earnings
25th July 2023 By: Marleny Arnoldi

Aim-listed Hummingbird says it is on track to meet its production guidance of between 80 000 oz and 90 000 oz of gold, following a strong first half of the year. The company may increase the... 


Venetia mine's underground project
De Beers delivers first production from Venetia underground
25th July 2023 By: Marleny Arnoldi

Diversified miner Anglo American’s diamond mining subsidiary De Beers Group has delivered first production from the underground operations at the Venetia mine, in Limpopo, which it built at a cost... 


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... 


Non-Western supplies start replacing Nornickel's old mining equipment
Non-Western supplies start replacing Nornickel's old mining equipment
24th July 2023 By: Reuters

Russia's Nornickel has started replacing its old mining equipment with supplies from so called "friendly" countries - those that have not imposed sanctions on Moscow, it said on Monday, as it... 


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... 


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... 


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