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WEBMiningmx is a website that covers the latest news and trends in the South African mining industry. Find out about mergers, acquisitions, production, prices, innovations and more from the experts and columnists.
Rhyolite Ridge decision crucial step closer for Sibanye-Stillwater
WEB8 hours ago · A DECISION on whether to invest in up to $245m in Rhyolite Ridge, a lithium/boron mine in the US moved a crucial step forward for Sibanye-Stillwater after the Biden administration published a key environmental report for the venture.. On Thursday the US Bureau of Land Management (BLM) published a final environmental impact statement that sets in motion a review period of at least 30 days ...
Out of the spotlight, Trans Hex stages surprising comeback
WEB1 day ago · W hen Trans Hex skulked off the JSE at the end of 2019, few punters gave the beleaguered diamond mining group a snowball’s chance of surviving … let alone ever thriving again.. At the time of its delisting Trans Hex was staring starkly at a handful of serious challenges. The traditional Orange River alluvial concessions were all but mined out, while the Namaqualand mining operations ...
Gold industry CEOs say M&A will be disciplined - Miningmx
WEB1 day ago · It cited gold industry CEOs saying there was more discipline in the sector. “There were some really stupid deals made last time around,” Ross J. Beaty, chairman of Equinox Gold Corp., said in an interview at the Denver Gold Forum this week. “Companies bought dumb stuff and were penalised for it.”. Beaty told Bloomberg News his company ...
Cash flush Harmony never better placed to grow offshore
WEB1 day ago · Operating free cash flow was R12.7bn in the 12 months to end-June, another record. Net cash is R2.8bn as of June 30. What’s more, those numbers were achieved at an average gold price of $1,999/oz. Since July, the dollar gold price has surged from about $2,300/oz to $2,575/oz. While Harmony’s costs are …
Nickel prices jump as Putin calls for commodity export cuts
WEB2 days ago · RUSSIA should consider limiting exports of uranium, titanium and nickel in retaliation for Western Sanctions, said President Vladimir Putin. Citing televised remarks by the Russian leader on Wednesday, Reuters said nickel prices and uranium shares were driven higher. Shares in uranium miners NexGen Energy, Cameco, and Denison Mines increased between 5.2% and 5.4%, the newswire […]
The Mining Yearbook 2023 - Miningmx
WEBThe 2023 Mining Yearbook. Read on issuu. Miningmx is proud to present the online version of its Mining Yearbook 2023. Here are some highlights to look out for: The impact of artificial intelligence on society has caught the popular imagination, especially its perils. In mining however the benefits are nearly all good. Ed Stoddard investigates.
Gold Archives - Miningmx
WEBSouth Africa’s illegal gold mining is surging again. Ed Stoddard - August 27, 2024 0. Against the backdrop of record high prices for gold, Sibanye-Stillwater has reported a surge in illegal mining incidents and arrests around its South African...
About Us - Miningmx
WEBMiningmx is a digital publication that covers commodity markets and corporate developments of mining companies in Africa. It offers intraday news, a daily newsletter, and two print publications annually.
Top Story Archives - Miningmx
WEBImplats CEO “anxious” for US rate cut as PGM prices languish. Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.