SA's newest platinum projects turn to gold, chrome
Junior platinum developers in South Africa are pivoting to lucrative gold and chrome co-products, transforming project economics amid shifting commodity prices.
EU looks to US model for critical minerals security
The EU is considering taking direct equity stakes in critical-minerals projects to cut its reliance on China and keep pace with interventionist strategies in the US and Japan.
Rio Tinto commits $1.9bn to Queensland bauxite project
Rio Tinto is investing $1.9bn in Queensland's new Kangwinan bauxite project to replace depleting production and boost capacity at its Weipa hub.
Thungela takes gains to 98% as coal nears one-year high
Thermal coal prices near a one-year high as tight supplies and robust Asian demand drive up Richards Bay futures, boosting South African miners Thungela and Exxaro.
Kodal eyes wider West African lithium footprint
Kodal Minerals is set to broaden its West African lithium portfolio beyond Mali's Bougouni mine, securing an exploration deal in Ghana amid a rebound in critical mineral demand.
US-backed Orion nears Glencore Congo stake deal
A US government-backed consortium is nearing the completion of a deal to acquire stakes in Glencore’s copper-cobalt operations in the Democratic Republic of Congo.
Valterra Platinum throttles back refined PGM output
Valterra cut its third-quarter refined PGM output by 41% amid maintenance rescheduling and safety stoppages, though full-year production guidance remains intact.
Ghana signals Tarkwa may stay in foreign hands
Ghana has indicated that major long-life gold mines are best managed by international operators, boosting Gold Fields' prospects of securing lease renewals at Tarkwa.
Springbok lithium project scores $60m funding bid
Lithium Africa has secured two non-binding funding offers, including a US$60m investment proposal, for its Springbok project in the Northern Cape as it aims for first production…
Afrimat bets on Doornfontein as iron ore profits collapse
Afrimat looks to lower-cost production from its new Doornfontein deposit to boost margins after weak iron ore prices, soft Chinese demand, and steep freight rates hit interim…
Teck faces strike at Canada’s biggest copper mine
Teck Resources faces a potential strike at Highland Valley Copper, Canada's biggest copper mine, adding to global supply risks as labour tensions mount across the industry.
Fortescue warns China iron ore standoff could hit profit
Fortescue warns that a protracted pricing standoff with China’s state-backed buyer CMRG could dent full-year profits if unresolved before year-end.
Chile copper slump spells volatile times for metal
Fatal accidents, severe weather, and declining ore grades are battering Chile's ageing copper operations, threatening global supply just as demand accelerates.
Copper needs $332bn to avert supply crunch
Copper producers must invest around $332bn in new mines to avoid a looming supply crunch and protect the pace of global electrification, according to BloombergNEF.
Southern Palladium "vulnerable" to takeover in hungry market
Southern Palladium acknowledges it could become a takeover target following a $1.1bn upgrade in the valuation of its Bengwenyama project as global PGM supply tightens.
Kenmare says Moma agreement not yet confirmed
Kenmare Resources says it cannot yet confirm whether its key Implementation Agreement with the Mozambican government has been finalised, awaiting formal communication.
Tharisa starts wheeling renewable power to SA mine
Tharisa has begun receiving wheeled renewable electricity from an Etana Energy wind project in Mpumalanga, marking the first step in a major long-term clean power deal.
BHP keeps copper forecast despite 19% output fall
BHP has maintained its full-year copper guidance despite a 19% drop in quarterly output caused by lower ore grades, maintenance, and severe weather in Chile.
Iron ore market weaker amid record freight rates, says Kumba
Kumba Iron Ore reported a tough third quarter hit by softer global demand, five-year high freight rates to China, and rail disruptions caused by a derailment on the export…
DRDGold cash flow on the rise as capex burden eases
DRDGOLD recorded R725.8m in free cash inflow for the September quarter, driven by higher gold output and stronger prices that lifted operating profit by 42%.