Copper retreats from near-record high as rate fears lift dollar
INDUSTRIAL metals fell on Wednesday as traders weighed the outlook for US interest rates against shifting oil prices, Bloomberg reported. Copper retreated from near-record levels…
MPRD in 2026: A maze of mineral policy
It is a cliché of effective industrial policy that developing an industry works best if there is “policy certainty”. It is also one of those clichés that becomes a cliché because…
Pan African to triple earnings despite testing edges of guidance
PAN African Resources said on Thursday it would report a tripling in full year headline earnings after increasing gold production amid a 54.8% increase in the average gold price.…
Recovery at Gold Fields masked by permitting woes
IS Gold Fields being unfairly penalised for its struggles with regulators? Yes, in the view of analysts who say the firm’s lagging share price performance is at odds with its…
Platinum deficit beckons in second half as ETF selling eases
THE platinum market is expected to swing back into deficit in the second half of 2026 as heavy exchange-traded fund (ETF) selling eases, after investment outflows helped drive a…
What resource nationalism means for Africa’s miners
Governments across Africa are seeking to assert greater control over their mineral wealth by rewriting mining codes, demanding larger equity stakes or greater local…
Mining cost inflation eases in July, but energy risks linger
SOUTH African mining input cost inflation slowed in July, but high fuel and other energy-linked costs still weighed on the sector. The Minerals Council South Africa said its…
Sibanye earnings set to surge on higher gold, PGM prices
SIBANYE-Stillwater is set to report a sharp rise in earnings for the first half of 2026, supported by higher gold and platinum group metal (PGM) prices and steady operations. The…
Master Drilling eyes $1bn pipeline as mining booms
Master Drilling’s share price performance has lagged so far this year dropping from around R18 to current levels around R15 despite what CEO Danie Pretorius describes as a…
Can this be the PGM market’s next big thing?
THE hydrogen economy was supposed to be platinum’s salvation, but it is turning out to be the lightest of lifelines. Deployment of electrolyser capacity, the technology that…
Exxaro flags up to 23% earnings fall on lower Sishen, BMM income
EXXARO Resources expects first-half earnings to fall by as much as 23% after lower contributions from its investments in Sishen Iron Ore Company (SIOC) and Black Mountain Mining…
Metals of war: why US Govt has weaponised mining
Eighteen mining companies went public in the past 12 months with one aim in common: an ambition to supply the US government’s defence industry. Assisted by US President Donald…
Why, this time, ARM thinks Bokoni Platinum will fly
THE new development plan for African Rainbow Minerals’ Bokoni Platinum Mine amounts to a “completely different business proposition,” according to ARM COO, Jacques van der Bijl.…
Valterra Platinum to pay R15.1bn bumper interim dividend
VALTERRA Platinum followed up a special dividend at its year-end results in February with another handsome payout saying on Wednesday it would dish out 70% of interim earnings,…
Kumba holds guidance despite costs, price pressure
KUMBA Iron Ore left production and cost guidance for the 2026 financial year unchanged despite being buffeted by freight and mining cost escalation in the first half of its year,…
Gold Fields seals 5-year wage deal with unions at South Deep
GOLD Fields’ South Deep mine agreed a five-year wage deal with unions on Friday, the JSE-listed miner said in an announcement. Running from March to end-February 2030, the…
Mining tariff relief awaits new Eskom pricing policy
THE possible extension of electricity tariff discounts to sectors of the South African mining industry other than the ferrochrome producers will have to wait until after…
Northam Platinum’s ‘mine without end’ exposes SA’s supply crisis
NORTHAM Platinum CEO Paul Dunne might joke that “there’s no luck in mining”, but fortune has certainly favoured his company in the past few months. For starters, resource…
Platinum selldown a “pothole, not the end of the road”
PLATINUM shares have returned to buy territory after months of falling metals prices, sending valuations lower. The basket price for platinum, palladium and rhodium, the main…
How long before miners call on Eskom for their rebates?
ESKOM will invite the attention of its mining clients in yet stronger terms if it agrees to cut its tariff for Transalloys, the manganese smelting business currently heading for…