Miningmx
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Miningmx
@miningmx.bsky.social
Miningmx is a digital publication which provides independent news and analysis related to the African mining sector.
Harmony Gold green lights Eva copper project in Australia taking proposed production to 100,000 tons a a year. www.miningmx.com/top-story/63...
Harmony gives green light to $1.55bn Eva copper project - Miningmx
HARMONY Gold has given the green light to its Eva copper project in Australia saying on Monday the project would cost $1.55bn over a three year construction period to build, beginning in the third qua...
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November 24, 2025 at 8:52 AM
World's gold industry says it's key the crisis of illegal trade in the metal gets a look-in at this month's G20 meeting. www.miningmx.com/top-story/63...
Getting gold on G20 agenda is key in fight against illegal trade - Miningmx
GOLD’S record-breaking gains have generated joy among its miners — but also worry. Looking beyond the outsized financial gains for investors, the explosion in demand for a “reserve asset” is a clear s...
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November 13, 2025 at 8:25 AM
Gold Fields upgrades its dividend policy to shareholders, including $500m over two years in specials or buy-backs. www.miningmx.com/top-story/63...
Gold Fields promises $500m in shareholder returns over two years - Miningmx
GOLD Fields said today it planned to return $500m to shareholders over the next two years either in special dividends or by buying back its shares. Commenting ahead of a closed presentation to analyst...
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November 12, 2025 at 10:22 AM
AngloGold Ashanti to expand production at Tanzanian mine Geita and pledges major increase in reserves as cash continues to roll in. www.miningmx.com/top-story/63...
Cash flush AngloGold plans $100m Geita expansion - Miningmx
ANGLOGOLD Ashanti said on Tuesday it planned to spend $100m expanding production from its Tanzanian mine Geita a fifth to 600,000 ounces a year. The New York-listed miner also said it would invest mor...
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November 11, 2025 at 12:57 PM
Opportunity cost worth hundreds of millions lost as Blyvoor Gold's backer fails to list firm in New York. www.miningmx.com/top-story/63...
Whatever happened to US listing of Blyvoor Gold investor? - Miningmx
NEARLY a year after receiving US approval to list Aurous Resources – the holding company for Blyvooruitzicht Gold Mine (Blyvoor Gold) – the proposed $50m deal appears wrapped up in red tape. In Januar...
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November 7, 2025 at 7:06 AM
Cash flow is at record levels for gold miners, so should they share more of the bonanza with shareholders? www.miningmx.com/opinion/6303...
Should gold miners pay more cash to investors? - Miningmx
HOW gold miners spend money from bonanza cash flows will be a key test as the sector nears the end of a remarkable year. Using cash in the up-cycle can be more challenging than when times are tough an...
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November 5, 2025 at 1:41 PM
Platinum price – up 87% this year – justified and sustainable, says Valterra's Craig Miller. www.miningmx.com/top-story/62...
Platinum 87% price rise justified and sustainable - Miningmx
THE 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal, said Craig Miller, CEO of Valterra Platinum. In an interview wit...
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October 16, 2025 at 2:53 PM
Anglo American CEO says South Africa lost a generation of exploration owing to poor minerals policy. www.miningmx.com/top-story/62... #joburgindaba
Generation of exploration has been lost in SA, says Wanblad - Miningmx
A GENERATION of minerals exploration had been lost in South Africa owing to unsupportive policies, said Anglo American CEO Duncan Wanblad. Speaking at the Joburg Indaba on Wednesday, Wanblad said that...
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October 8, 2025 at 8:46 AM
The Van Eck Gold Miners ETF has outstripped spot gold this year but analysts still think the miners can do better yet. www.miningmx.com/top-story/62...
Is it realistic to expect more from gold shares? - Miningmx
THE VanEck Gold Miners Equity ETF has outstripped the spot price of gold this year — yet analysts think shares can still do better. Valuations do not appear “overly lofty”, especially when factoring i...
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October 7, 2025 at 2:29 PM
Mark Bristow leaves Barrick Mining after seven years as CEO, gold miner says. www.miningmx.com/top-story/62...
Mark Bristow in shock departure from Barrick Mining - Miningmx
MARK Bristow has stepped down as CEO Barrick Mining Corp. with immediate effect, the Toronto-listed company announced on Monday. He will replaced by Mark Hill, head of Barrick’s Latam and Asia Pacific...
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September 29, 2025 at 11:15 AM
Orion secures up to $250m in financing and offtake from Glencore that will bring its Prieska Copper Zinc Mine to production, finally. www.miningmx.com/top-story/62...
Orion clinches watershed $250m deal with Glencore - Miningmx
ORION Minerals finally has liftoff on its Prieska Copper Zinc Mine after unveiling today a major financing and offtake deal with Glencore of up to $250m. The Sydney- and Johannesburg-listed copper dev...
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September 17, 2025 at 9:07 AM
Highly bullish outlook on gold from Cobus Loots, CEO of Pan African. Firm is set to increase output up to 100koz and now has 100% spot price exposure. www.miningmx.com/top-story/62...
Pan African hits high note amid unstinting gold price - Miningmx
GOLD was expected to remain at “extremely attractive” levels during Pan African Resources’ 2026 financial year, said the firm’s CEO Cobus Loots who added that investment in gold mining shares was stil...
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September 10, 2025 at 8:02 AM
Anglo to form Anglo Teck with Canada's Teck Corp. Headquartered in Canada, primarily listed in London and led by Anglo CEO Duncan Wanblad. www.miningmx.com/top-story/62...
Anglo unveils merger of equals with Teck to form Anglo Teck - Miningmx
ANGLO American and Teck Corporation today confirmed they had reached agreement on a “merger of equals” of the two miners. To be named Anglo Teck, the company will be headquartered in Canada and take a...
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September 9, 2025 at 6:56 AM
Anglo's restructuring plans get much needed boost after concluding the sale of its remaining shares in Valterra Platinum. www.miningmx.com/top-story/62...
Anglo bolsters balance sheet with R44.1bn Valterra sale - Miningmx
ANGLO American confirmed on Thursday morning it had concluded the sale of its entire remaining 19.9% stake in Valterra Platinum, formerly Anglo American Platinum prior to its demerger in May. The sale...
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September 4, 2025 at 6:41 AM
Could gold scale yet greater heights? Analysts think it's possible as political risks grow. www.miningmx.com/top-story/62...
Gold eyes $3,700/oz as investors join anxiety bandwagon - Miningmx
AFTER a Northern hemisphere summer reverie, gold is expected to resume its bull run with the metal’s price forecast to test $2,700 per ounce. “We expect gold’s rally to continue as its investor base w...
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September 2, 2025 at 10:52 AM
Glencore-Merafe JV announces thousands of potential job cuts at ferrochrome facilities in South Africa as new tariff with state-owned power utility Eskom fails to materialise. www.miningmx.com/top-story/62...
Glencore-Merafe may cut thousands of jobs at idled ferrochrome facilities - Miningmx
THOUSANDS of jobs will be affected in terms of a restructuring announced by the Glencore-Merafe Joint Venture, South Africa’s largest ferrochrome producer. Merafe Resources said in a statement to the ...
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September 1, 2025 at 3:46 PM
SA's Minerals Council would prefer to "thrash out" minerals bill than fight it in court ... but it will take "a lot of thrashing", says council president Paul Dunne. www.miningmx.com/top-story/62...
MPRD bill talks will take "a lot of thrashing" to avoid court - Miningmx
THE Minerals Council wants to “thrash out” with Government the issues it is not happy with in the proposed amendments to the Minerals Petroleum and Resources Development Bill but the process is going ...
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September 1, 2025 at 1:53 PM
Anglo, Peabody to lock horns in court as US firm bails on $3.8bn purchase of metallurgical coal mines. www.miningmx.com/top-story/62...
Anglo, Peabody to lock horns after $3.8bn deal culled - Miningmx
THE stage has been set for a legal battle between US coal major Peabody and Anglo American after Peabody terminated its purchase agreement to buy Anglo’s steel-making coal assets in Australia. Peabody...
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August 19, 2025 at 1:28 PM
Glencore CEO Gary Nagle says group will "see what happens" in $3.8bn Anglo/Peabody coal deal. www.miningmx.com/top-story/62...
Glencore may bid for Anglo mines if Peabody deal fails - Miningmx
GLENCORE might lodge its interest in Anglo American’s Australian metallurgical coal mines should their sale to Peabody Energy not be consummated. Last week Peabody CEO Jim Grech raised doubts over his...
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August 6, 2025 at 10:42 AM
Sibanye-Stillwater asks US to impose anti dumping duties on Russian palladium imports. www.miningmx.com/top-story/61...
Sibanye-Stillwater petitions US to levy Russian palladium imports - Miningmx
SIBANYE-Stillwater has filed an antidumping claim on Russian imports of unwrought palladium which it says are harming the viability of Stillwater, the group’s US mine which produces the metal as well ...
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July 31, 2025 at 11:28 AM
Anglo American opens talks with Botswana on increasing country's stake in De Beers ahead of trade sale, which remains preferred divestment route. www.miningmx.com/top-story/61...
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July 31, 2025 at 7:39 AM
South Africa's state-owned ports and rail company Transnet pays nearly R1bn in penalties to Kumba Iron Ore for lost revenue over the previous three years. www.miningmx.com/top-story/61...
Kumba recoups R942m in take-or-pay penalties from Transnet - Miningmx
KUMBA Iron ore said on Tuesday it had received R942m in ‘take-or-pay’ penalties following “lengthy” negotiations with Transnet regarding the under-delivery of contracted iron ore. Listed under ‘other ...
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July 29, 2025 at 1:16 PM