August 15, 2022

Anglo coal spinoff weighs acquisitions after record profit

Thungela Resources is searching for assets to buy after first-half profit surged on record-high fuel prices.

August 15, 2022

Harmony Gold reports mine fatality

The incident took place on Saturday at its Moab Khotsong mine.

August 15, 2022

S.African coal exports to Europe surge, shipments to Asia decline

South Africa's coal sales to Europe rose eight-fold during the first half of 2022 compared with last year.

August 11, 2022

Sibanye Stillwater CEO says market conditions not ideal for gold M&A

Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."

August 11, 2022

Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion

The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.

August 9, 2022

Resource and grade growth bodes well for Osino’s prefeasibility on Namibia gold project

The deposit holds another 240,000 oz. gold in the inferred category at 1.05 grams per tonne.

August 8, 2022

Barrick expects deal opportunities in copper, but won’t pay premiums

After strengthening its balance sheet, Barrick said it is “always looking at opportunities” but won’t be paying above-market prices.

August 8, 2022

Green energy development affected by rise in oil, metal prices — study

Researchers say that an increase in oil prices and other raw materials may lead to a reduction in the development of green energy.

August 5, 2022

AngloGold Ashanti CEO sees inflation pressure easing next year

Alberto Calderon estimated that 40% of the cost increase in the first half of this year was attributable to diesel prices.

August 4, 2022

Gold Fields expects H1 profit jump on higher prices, output

It expects gold production of 1.201 million ounces, up 9% from 1.104 million ounces.