Discovery targets mining with 24-hour renewables plan
DISCOVERY Green has signed several mining companies to a renewable power offering that targets 90% of their electricity needs. A mix of wind, solar and batteries can help meet…
Three years of giving junior mining a voice
On 12 September 2023, a significant new chapter was written in South Africa’s mining industry at the Johannesburg Stock Exchange (JSE). The launch of the Junior Mining Council…
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…
Exxaro sells Moranbah South to Aussie miner for R1.68bn
EXXARO Resources has sold its stake in Australian metallurgical coal mine Moranbah South to Stanmore Resources, a Brisbane-based coal producer, for $105m (R1.68bn). The South…
ARM leans on PGMs as coal, iron ore disappoint
AFRICAN Rainbow Minerals (ARM) benefited from a sharp recovery in its platinum business in its 2026 financial year, helping offset a swing into losses at coal and a steep decline…
Orion moves ahead of JSE junior copper peers
NORTHERN Cape copper developer Orion Minerals, the FM’s Junior Mining Hot Stocks selection for 2026, has so far been the clear standout among the JSE’s junior copper counters.…
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,…
Eskom launches renewable energy unit
ESKOM Holdings has formally entered South Africa’s renewable energy market with the launch of Eskom Green, said News24 on Tuesday. The publication described Eskom Green as a…
CMOC threatened dismissal after illegal strike
WORKERS at Tenke Fungurume Mining, CMOC Group’s flagship copper operation in the Democratic Republic of Congo, have returned to work after the company threatened dismissal for…
BHP scales back once critical decarbonisation plans
BHP has shelved key decarbonisation projects at its Western Australian iron ore operations, said Bloomberg News citing reports by the Guardian and ABC’s Four Corners. The…
There’s more to Exxaro price surge than energy security
SHARES in Exxaro Resources ran to a three year high this week and were not far short of their five-year high, reached in 2022. That was shortly after Russia’s invasion of…
Geopolitics sidelining climate goals, says BHP’s Slattery
ONGOING energy disruptions are pushing climate goals down the priority list as governments focus on securing supplies, said Bloomberg News citing a speech by Geraldine Slattery,…
Iran war pushes up miners’ diesel costs
IRON ore miners face billions of dollars in additional fuel costs as diesel prices soar following the near-closure of the Strait of Hormuz, said Reuters citing a senior executive…
Thungela slides into full year loss after R8.8bn asset impairment
A HEFTY decline in coal export prices hit Thungela Resources hard in the 12 months ended December 31 resulting in an R8.8bn asset impairment. The impact of this was in evidence…
Exxaro boosts payout as Iran crisis drives coal higher
EXXARO Resources declared a R10 per share (R3.4bn) final dividend today following robust headline profits for the year ended December. The payout, 15% higher than last year, was…
Orion raises $2.2bn for critical minerals fund
ORION Resource Partners has closed its fourth mine finance fund at approximately $2.2bn, making it the largest vehicle the specialist mining financier has launched to date. The…
Behind the boardroom coup at Copper 360
LATE on Friday about two weeks ago, a bloodless statement popped onto trader’s screens, speaking blandly of a reshuffle in “executive responsibilities” at Copper 360, the only…
Northam expands credit facility to fund green energy
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting more…
Exxaro cuts renewable energy target as revises capital plans
EXXARO Resources confirmed it is reviewing its dividend policy, an outlook CEO Ben Magara first made clear last year after agreeing to buy the manganese assets of Ntsimbintle…
Northam Platinum to report sharply higher earnings
NORTHAM Platinum expects interim earnings to surge following stronger production and sales performance during the six months to December, said Business Day in a report earlier…