MINING.COM

Mining companies are suddenly positive on South Africa again

Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.

Bloomberg News | February 6, 2018 | 2:30 pm

Zimbabwe to enter lithium market with $1.4bn mine

Country is backing Prospect Resources’ (ASX:PSC) Arcadia lithium project, expected to generate that much revenue over eight years.

Cecilia Jamasmie | February 6, 2018 | 8:55 am

Palladium rally may mean auto catalytic converter price hikes coming

Increased automotive industry demand and a supply shortage boosted the price of palladium to an all-time high of $1,138.00 on Jan 15

Reuters | February 5, 2018 | 12:10 pm

Anglo takes down South Africa sale sign and may even buy

Anglo raised the possibility it could start buying assets in SA, the latest sign of how much has changed in two years, when the miner was focused on selling.

Bloomberg News | February 5, 2018 | 11:52 am

Bluejay Mining seeks pigment riches as Greenland’s ice retreats

The company aims to achieve output of the world's highest grade deposit of ilmenite in Greenland next year, its CEO said.

Reuters | February 5, 2018 | 11:31 am

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

Bloomberg News | February 5, 2018 | 6:00 am

A third of S.Africa miners say no new investments in 2018 – survey

The mining sector in the world's top platinum producer has in recent years been laid low by soaring wage and power costs, depressed prices, violent social and labour unrest as well as policy uncertainties.

Reuters | February 5, 2018 | 3:15 am

Gold price set for wild ride in 2018 say 34 bullion analysts

Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.

Frik Els | February 2, 2018 | 12:20 pm

Sibanye-Stillwater trapped miners brought to surface safely

The National Union of Metalworkers of South Africa (Numsa) is demanding that Beatrix gold mine remains closed pending a probe and has asked the South African government to investigate why the operation apparently didn’t have a backup generator.

Cecilia Jamasmie | February 2, 2018 | 3:45 am

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Wheaton buys all gold, some palladium from Sibanye US mines

South Africa mines minister delays finalisation of draft mining charter

CHARTS: Halfway through 2018 and the mining rally is over

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