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OPINION. Columnists David McKay - October 16, 2024. Columnists Bernard Swanepoel - October 10, 2024. Gold Brendan Ryan - September 11, 2024. Markets David McKay - November 1, 2024. Markets David McKay - October 31, 2024. Markets Staff Writer - October 30, 2024.
Paladin shares sink as it cuts uranium output - Miningmx
2 days ago · PALADIN Energy has cut uranium oxide production guidance after running into ramp-up problems at its Langer Heinrich mine in Namibia. The Sydney-listed firm said on Tuesday it now expected to mine one million to 1.5 million pounds (lbs) less of uranium oxide than planned owing to grade variability of stockpiled ore and water shortages at the site.
Harmony increases proposed Eva Copper output 20% - Miningmx
3 days ago · November 11, 2024. Copper cathodes. HARMONY Gold may produce more metal from Eva Copper than first proposed as it nears the conclusion of a feasibility study into the Australian project. Commenting in its first quarter production report on Monday, the South African gold miner said it could produce 50,000 to 60,000 tons of copper from Eva.
Bushveld CEO offers glimmer of hope for stricken miner
2 days ago · November 12, 2024. BUSHVELD Minerals CEO Craig Coltman offered a small glimmer of hope for the stricken miner saying there had been a small “uptick in the vanadium price”. The company is currently living on a day-to-day basis after saying in its third quarter production update that it didn’t have sufficient working capital to address its ...
Big league investors back new approach to mining - Miningmx
Oct 8, 2024 · A REPORT by some of the world’s largest investors have urged a more hands-on approach to investing in mining companies by pushing for better environmental practices and broadening the scope of concern to industries reliant on minerals. Bloomberg News said asset managers representing more than $15 trillion in investment, and including ...
First graphite delivered from Madagascar’s Molo mine
Oct 25, 2024 · Photographer: Christinne Muschi/Bloomberg via Getty Images. NEXTSOURCE Materials, a Toronto-listed firm, said on Thursday the first commercial graphite concentrate was delivered from its Molo mine in southern Madagascar to clients in Germany and the US. “This is an important step in NextSource’s development as a supplier of critical ...
Pan African says Mintails project at full tilt in December
October 31, 2024. PAN African Resources said on Thursday it would reach full production at its $135.1m Mintails project in December, achieving a run-rate of 50,000 ounces of gold a year. “We are pleased to announce the successful commissioning of the MTR (Mogale Tailings Retreatment) operation in October 2024, ahead of schedule and below ...
Markets Archives - Miningmx
Afrimat profits drop by 45% as it digests the latest acquisition... Brendan Ryan - October 24, 2024 0. Diversified mining group Afrimat reported a 45% drop in operating profit to R292,7m in the six months to end-August (previous comparable period – R534.1m)...
The Mining Yearbook 2020 - Miningmx
The Mining Yearbook 2020. The COVID-19 pandemic is accelerating change in the world’s mining sector and adding previously unanticipated dynamics. We speak to the industry’s top CEOs on how 2020 has changed the shape of their industries forever. We ask whether Eskom CEO Andre de Ruyter can make his long-term plans to overhaul Eskom stick?
Miners expect year of tumult as recession, risk and consolidation ...
Jan 11, 2023 · Gold producers expect bullion prices to rise this year as investors seek shelter on concerns of a global recession and challenging market conditions. Gold averaged just above $1,800 an ounce last year. “I’d be surprised to see gold at any less than $2,000 per ounce a year from now,” Ammar Al-Joundi, CEO of Agnico Eagle Mines, said in an ...