Anglo CEO says miners must make “tough decisions” to remain profitable Duncan Wanblad said on Thursday mining companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings. Reuters | October 5, 2023 | 11:04 am
Using kaolinite to discover gold, critical mineral deposits The adsorbing properties of kaolinite might hold clues for companies on the hunt for valuable deposits. Staff Writer | October 5, 2023 | 6:06 am
South African mining profits slump by almost half, report says An analysis of 29 domestic mining companies showed that combined net income slumped to 108 billion rand in their latest financial years, from a record 206 billion rand. Bloomberg News | October 4, 2023 | 10:07 am
Sibanye CEO warns of platinum mining job losses as price plummets South African platinum group metal miners are battling an electricity crisis that has impacted output and increased costs. Reuters | October 4, 2023 | 7:44 am
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk Potential revision of the Kloof 4 shaft in South Africa comes after numerous failed attempts to address productivity and operational issues. Cecilia Jamasmie | September 14, 2023 | 6:14 am
Nornickel says cash flow not yet stable enough to resume dividends Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years. Reuters | September 8, 2023 | 7:49 am
The great platinum deficit: Council forecasts record demand in 2023 The WPIC forecasts a record 1-million-oz. platinum deficit for 2023. Henry Lazenby | September 7, 2023 | 12:47 pm
Platinum market faces record deficit, WPIC says Demand for platinum is on track to grow 27% to 8.2 million troy ounces in 2023. Reuters | September 6, 2023 | 7:43 am
Miner ARM to tread carefully in hunt for overpriced green assets African Rainbow Minerals is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets. Reuters | September 4, 2023 | 9:34 am
