Transnet targets leap in coal exports despite cash squeeze
TRANSNET has targeted 65 million tons (Mt) in delivered coal exports after another year of rail volume growth, but debt and weak cash generation have put a brake on its ambition.…
Sibanye-Stillwater to shut Kwezi platinum shaft costing 1,000 jobs
SIBANYE-Stillwater is to close its Kwezi platinum group metals shaft near Rustenburg, which could affect over 1,000 full-time employees and contractors. The miner said on Tuesday…
Valterra silent on Northam as deal speculation mounts
VALTERRA Platinum is increasingly considered the possible source of an unsolicited approach to Northam Platinum, with analysts pointing to the strategic fit between the…
Northam heads for record earnings on PGM price surge
NORTHAM Platinum is set to report record full-year earnings, with sharply higher PGM prices providing much of the lift. The PGM producer is due to publish audited results for the…
West African miner Perseus extends buy-back
SHARES in Perseus Mining surged over 8% on Monday after the West African gold miner approved a A$50m increase in its share buy-back programme. This was after completing A$100m in…
Nersa tariff saves jobs at Glencore ferrochrome smelters
AFTER months of uncertainty, the threat of job losses has been lifted from employees at the ferrochrome smelters of Glencore Merafe Chrome Venture. This was after South Africa’s…
Humble origins, big outcomes: SSC founder’s rise to prominence
FRED Arendse is a distinguished South African mining entrepreneur, humanitarian, and transformational leader whose life and career reflect the power of resilience, vision, and…
Master Drilling is a good company. Why isn’t it fantastic?
MINING services specialist Master Drilling, a proverbial provider of shovels in a mining boom, should really be flying. The group’s share price is up about 22% over a year.…
Barrick’s biggest Mali contractor quits, cuts 600 jobs
THE largest contractor at Barrick Mining’s Loulo-Gounkoto gold complex in Mali is winding down its operations and dismissing more than 600 workers, said Reuters citing three…
Soaring metal prices give Sibanye-Stillwater stellar start to 2026
SOARING gold and platinum prices made all the difference to Sibanye-Stillwater in the March quarter boosting group adjusted earnings before interest, tax, depreciation and…
Africa has turned the screw on its gold miners. Just ask Gold Fields
RESOURCE nationalism is back in a big way in Africa’s gold sector. The latest company to come under its eye is Gold Fields, where there are concerns about the cost of renewing…
Policy failures blight South Africa’s mineral wealth
THE Fraser Institute’s 2025 Annual Survey of Mining Companies, a global dipstick of investor sentiments towards mining jurisdictions, has once again highlighted South Africa’s…
Chile clears Codelco-Anglo copper mine venture
CHILE’S antitrust regulator has approved the joint mining plan between state copper producer Codelco and Anglo American at the Andina-Los Bronces project in the Andes mountains…
Glencore ferrochrome unit threatens to quit power talks
GLENCORE’S South African ferrochrome subsidiary has warned it may abandon negotiations with the government over a discounted electricity package, saying the conditions attached…
Glencore boss eyes fresh merger talks with Rio Tinto
GLENCORE CEO Gary Nagle is hoping a recent surge in coal prices will help bring Rio Tinto back to the table for another attempt at creating the world’s biggest mining company,…
Zambia courts investors for copper output tripling
ZAMBIA is seeking global investment, including from the United States, to more than triple copper output to three million tons by 2031, the country’s mines minister was quoted as…
The stunning rebound of South Africa’s PGM producers
EXACTLY two years ago, Northam Platinum CEO Paul Dunne, who is also president of the Minerals Council South Africa, warned that a severe squeeze on the platinum group metals…
Northam Platinum to pay record R2.8bn interim dividend
NORTHAM Platinum declared a record R2.8bn interim dividend following a strong recovery in headline earnings for the six months to end-December. The year-on-year improvement was…
Stronger Together: Partnerships Take Centre Stage at ENS–JMC Mining Indaba Breakfast
AGAINST the backdrop of Cape Town’s annual Investing in African Mining Indaba, ENS and the Junior Mining Council (JMC) hosted a high-level networking breakfast at Zest…
DRDGold finalises five-year wage deal at Ergo
DRDGOLD has concluded a five-year wage agreement with unions at its Ergo operations, heading off strike action that had been scheduled to begin on December 18. The agreement,…