Manganese is a critical and irreplaceable element used in steel production and used widely as a battery component.
South Africa Mining News
Along with other changes, Zarina Bassa has informed Kumba of her intention to step down as an independent non- executive director at the Company’s forthcoming AGM on 11 May 2017, after serving eight years.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.
The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.
Strong ETF inflows, rising autocatalyst demand despite Volkswagen emission scandal combined with falling mine supply to boost platinum price says new study.
US Foreign Investment Committee scrutinizing South African gold miner's $2.2 billion offer for the only US platinum, palladium producer.
t’s dangerous‚ often fatal‚ but illegal underground gold mining is pretty much all that sustains the economy of Lindelane‚ a sprawling township of tin shacks and shebeens near Benoni‚ to the east of Johannesburg.
Northam Platinum’s strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencore’s Eland Platinum mine for R175m cash.
The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.
Work on AngloGold Ashanti's Mponeng gold mine in South Africa started in 1981 – a brownfield expansion project will extend the mine's life beyond 2050.
The world's number five diversified miner posted its first annual net profit in five years.
The Board takes this opportunity to welcome Mr. Li and wishes him well in his new role which amongst others will be prioritizing the commissioning and commencement of production at the Bakubung Platinum Mine project.
The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.
While iron ore prices have climbed 90% in the last year to over $80 a tonne, the sale of Kumba would prove prudent for Anglo's long-term outlook, given its high debt load, BMI analysts say.
The miner, Africa's largest iron ore producer, will pay R2.5 billion, considerably less than the original R6.5 billion it had been asked to cough up.
Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.
Mines minister Mosebenzi Zwane noted that 19 of the 73 miners who died in South Africa last year lost their lives at operations run by those companies.
The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.
The company, Africa's largest iron ore producer, expects profits to more than double this year on the back of higher iron ore prices and a weak rand.
Years of underinvestment in top producer South Africa affecting supply.
Takeover would make of Sibanye Gold the world's third largest palladium producer and fourth biggest platinum group metals miner.
Company to launch probe into the causes of the illegal sit-in of nearly 48 hours.
Together with reducing Sibanye’s dependence on its aging South African assets, the deal will make the company the world's third largest palladium producer, the company said.
The African nation produces some 70% of the globe's platinum.