Northam CEO says South African platinum miners facing worst crisis in decadesPlatinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.Reuters | March 1, 2024 | 7:48 am
Impala Platinum considers mine closures after profit slumpDecisions to mothball loss-making operations could be made within the…Reuters | February 29, 2024 | 7:00 am
Harmony Gold to pay record interim dividend, extend life of Mponeng mineThe miner will extend Mponeng’s life from seven to 20…Staff Writer | February 28, 2024 | 9:41 am
Zambia to decide on new Mopani Copper Mines investor in October Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to Reuters. Reuters | October 10, 2023 | 5:49 am
Mining-focused buyout firm Appian raises $2 billion for new fund “This is the first fundraising we have done where mining is seen as part of the solution than being the problem itself,” says founder. Bloomberg News | October 9, 2023 | 9:14 am
Gold Fields names Mike Fraser as CEO, says strategy remains unchanged Analysts at BMO Capital Markets said some investors might have preferred Gold Fields' interim CEO Martin Preece being made permanent. Reuters | October 9, 2023 | 9:03 am
Loulo-Gounkoto to remain among world’s top 10 gold producers – Bristow Mark Bristow said the Malian mine is on track to meet this year’s guidance. Staff Writer | October 8, 2023 | 12:08 pm
Stone Age Ethiopians knew how to source their iron-rich rocks Middle Stone Age Ethiopians progressively replaced exotic iron-rich high-quality rocks with lower quality, poorer in iron, but locally available ones. Researchers now have clues as to why this happened. Staff Writer | October 8, 2023 | 7:11 am
Harmony Gold reports mine fatality Harmony recorded six fatalities in its financial year which ended on June 30. Reuters | October 6, 2023 | 9:56 am
China’s grip on germanium gets challenged by new Congo plant China restricted exports of the metal in August amid an escalation of trade war on technology with the US and Europe. Bloomberg News | October 6, 2023 | 9:28 am
Amplats sees no immediate rebound in low platinum metals price Prices for platinum-group metals, which have declined rapidly over recent months, could remain depressed, CEO Craig Miller says. Reuters | October 5, 2023 | 12:04 pm
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