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JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to...
Toronto- and New York-listed Alamos Gold has reported a record operational and financial performance for 2024, achieving an all-time high free cash flow of $272-million while continuing to fund...
Nutrien fell short of Wall Street expectations for fourth-quarter profit on Wednesday, as the top potash producer struggled with lower sales of crop nutrients and potash, although it raised its...
Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson, said...
Billionaire Andrew Forrest’s Wyloo has entered into exclusive negotiations with ASX-listed Hastings Technology Metals to establish an unincorporated joint venture (JV) for the Yangibana rare earths...
Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko...
Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its...
Chilean state-run copper giant Codelco and London-listed miner Anglo American are set to announce a deal to jointly operate neighboring copper mines in central Chile, according to a report by...
Glencore said the optimal location for its primary listing “remains under study,” fueling speculation about what would be the most high-profile exit from the UK exchange to date. Glencore began...
Rio Tinto CEO Jakob Stausholm has expressed caution regarding the potential impact of US President Donald Trump’s proposed 25% import tax on all steel and aluminium, stating that the ultimate...
Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in Sydney, its CEO told Reuters on Wednesday as the miner reported its lowest...
The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch...
Chester Goodburn will step down as Zimbabwe-focused gold miner Caledonia Mining Corporation's CFO on March 24 and will be succeeded by Ross Jerrard. Jerrard, aged 50, brings extensive experience in...
JSE-listed Salungano Group, which owns coal mining operations in South Africa, has announced the resignation of CFO and executive director Kabelo Maroga, with effect from February 18. Acting CFO of...
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with...
JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the...
Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings...
ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on...
Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind...
Operationally, 2024 was a strong year for Glencore, CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets...
ASX-listed South Harz Potash has raised A$500 000 through the issue of 50-million fully paid ordinary shares to advance its Ohmgebirge potash development in Germany. The placement includes A$149...
Australian miner Iluka Resources is progressing its mineral sands and rare earths strategy, with the company set to commission its Balranald mine in the second half of 2025 while advancing studies...
Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would...
South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend...
In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed...
Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both...
ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key...
Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical...
Industry body The ICMM has published new editions of key resources, with updates designed to improve how mining companies plan and manage the closure of tailings storage facilities. The Tailings...
London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect. The company says in a statement that it reserves its right to continue its investigations into all...
An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced....
Materials handling and mining equipment company Metso has been awarded an order to provide repairs and upgrades for a bucket-wheel stacker reclaimer at a customer’s stockyard operations in Africa....
Canadian streaming company Wheaton Precious Metals said on Tuesday that it had produced 633 000 gold-equivalent ounces (GEOs) in 2024, surpassing the upper-end of its guidance range of 620 000...
TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3...
Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The...
Dual-listed gold miner Westgold Resources said on Wednesday that the review of its expanded portfolio remained ongoing and confirmed that it could include the potential sale of the Lakewood...
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