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Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of...
Diversified resources company Exxaro Resources has warned shareholders that it is likely to report a 16% to 30% year-on-year decrease in headline earnings per share (HEPS) for the year ended...
Following its recent success in securing new public and private power purchase agreements, Pele Green Energy (PGE) is already having to consider additional funding options beyond the pioneering...
This week: Implats expecting phased reduction in group output; Green energy integrated into Harmony Gold operations and, Harmony Gold board approves R7.9bn project on back of superb half-year results
While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on...
South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when...
Mining Weekly Editor Martin Creamer the R7.9-billion life-of-mine extension project at the Mponeng gold mine; the recent delivery of Anglo American’s tenth emission-cutting ship; and the two huge...
Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has...
The world's biggest listed miner BHP said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to...
Illegal mining is one of the biggest constraints threatening the sustainability of the South African mining industry and, while this challenge is considerable, it is not insurmountable. There are...
This week: Glencore pleased with its performance against the backdrop of lower commodity, energy prices and, Rich new Copper 360 discovery points to big Chile-type copper mine potential
The contribution of diversified mining company Anglo American to a cleaner, greener maritime industry is highlighted by this week’s delivery of the last of ten emission-cutting ships. The maiden...
Diversified miner African Rainbow Minerals (ARM) says it expects its headline earnings for the six months ended December 31 to have decreased by between 40% and 50% year-on-year to between...
Canadian miner Eastport Ventures has appointed Robin Birchall CEO effective immediately. He brings to the board more than 20 years of experience in the investment banking sector within the mining...
The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results...
The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and...
JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its...
Brazilian miner Vale does not see signs of environmental or social breach at two of its mines whose operating licenses were suspended this week, Vale Base Metals chair Mark Cutifani said on...
Mining major Anglo American has achieved its lowest ever total recordable injury frequency rate of 1.78 in 2023, down from 2.19 in 2022, along with the company’s lowest ever monthly rate of 0.91 in...
Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22....
Canadian miner Teck Resources beat fourth-quarter profit estimates on Thursday, helped by an increase in steelmaking coal sales and record copper production. The company also benefited from higher...
The board of Rio Tinto has given the nod to the Simandou iron-ore project, in Guinea, CEO Jakob Stausholm has revealed. The approval is contingent on meeting outstanding conditions, including...
This week: South Africa looks to Japanese collaboration on green hydrogen development and, Power aggregators seen as key accelerators of South African mining’s energy transition
Mining Weekly Editor Martin Creamer discusses BMW's hydrogen-fuelled cars on South Africa’s roads; Heraeus and Sibanye-Stillwater’s PGMs partnership to boost the hydrogen economy; and South...
Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows...
Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion....
Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining...
Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on...
Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two...
While London-listed Altona Rare Earths advances its Monte Muambe rare earths project, in Mozambique, the company has also decided to pursue a balanced portfolio of critical raw materials projects...
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