August 2, 2022 One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin About 700 tonnes of gold-bearing material has been recovered.
August 2, 2022 RBPlat posts 58% fall in H1 profit on lower metal prices, soaring costs Platinum group metals have come off their highs seen during the early part of 2021, when the global economy started to emerge from the covid-19 shutdowns.
July 29, 2022 Miners’ profits face an unusual foe: extreme weather It is an unusual situation for companies that have experience operating anywhere in the world.
July 29, 2022 Debswana diamond sales jump 54% in first half of 2022 Sales were driven by strong jewelry demand in the US market.
July 29, 2022 Glencore flags cash tied up in record trading profits The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.
July 28, 2022 Anglo American’s new boss sounds warning on future copper supply The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.
July 28, 2022 Zimbabwe to raise taxes on platinum, lithium to boost revenue The southern African country is the third largest producer of platinum, after South Africa and Russia.
July 28, 2022 Anglo American cuts dividend as inflation, extreme weather erode earnings Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.
July 28, 2022 Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.
July 27, 2022 Eskom seeks partners for $71 billion energy transition plan The state-owned power utility is saddled with 396 billion rand of debt.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
