February 23, 2021

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Company reported a 40% jump in annual profit, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate.

February 23, 2021

Harmony Gold first-half profit soars; reinstates dividend

Company posted a more than three-fold rise in first-half profit and reinstated its dividend, following a surge in gold prices.

February 22, 2021

Amplats to raise output after high metals prices boost profit

The company said it plans to increase output of platinum group metals from 3 million ounces to 3.6 million ounces by 2030.

February 22, 2021

AngloGold Ashanti boosts dividend five-fold on gold price boom

The Johannesburg-listed miner declared a full-year dividend of 7.05 rand per share, more than five times the 2019 dividend when translated into US cents.

February 19, 2021

MINING.COM MINUTE: Biggest stories of the week

Copper price keeps soaring as bullish sentiment prevails; Iron ore price retreats on higher steel inventories in China; Gold price dealt ‘fatal blow’ by bond yield rally

February 19, 2021

Golden quarter for Newmont, Barrick as high prices help profit beat

A 25% surge in gold prices last year has offered miners a lifeline following production disruptions due to the covid-19 pandemic.

February 19, 2021

New Congo government should aid release of Kibali’s $500m, Barrick CEO says

The gold miner has been in discussions with Democratic Republic of Congo over the money for more than a year.

February 19, 2021

Harmony Gold flags higher HY earnings as bullion shines

Company flagged on Friday a rise in interim earnings of as much as 219%, driven by higher gold prices, greater output and foreign exchange gains.

February 18, 2021

Most miners lag behind in human rights issues — report

Ten years after the adoption of United Nations principles, a study shows most miners have yet to step up efforts to improve their human rights record.

February 18, 2021

Sundance Resources readies for arbitration over Congo Republic mine project

Company said it is advancing plans to start international arbitration after the African country cancelled its Nabeba iron ore project in December.