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WEBMiningmx 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 …
Northam signs debut renewable power deal, with others in pipeline
WEB6 hours ago · Construction of the plant was currently underway. Northam has targeted a reduction in carbon intensity by 60% from a 2019 baseline by 2030, whilst improving power availability and decreasing overall electricity costs. Future power purchase agreements would be with suppliers of solar, wind and battery storage initiatives, it said.
Shares in Burkina Faso miners under pressure amid permit fears
WEB14 hours ago · BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing comments by the country’s junta leader Ibrahim Traore on Saturday.. Traore did not specify which permits could be cancelled, the newswire said. Shares shares in West African Resources, which aims to mine about 200,000 ounces of gold from the country ...
Wanblad says Anglo not a sitting duck - Miningmx
WEB14 hours ago · October 7, 2024. Duncan Wanblad, CEO, Anglo American. ANGLO American CEO Duncan Wanblad didn’t believe his group would fall victim to a takeover once he had completed a radical restructuring of the historic mining house. “I don’t believe this is inevitable at all,” Wanblad was quoted as …
Lucara to sell digital diamond sales company to former CEO
WEB15 hours ago · Clara, founded nine years ago, will be sold to its original backer, a group led by the HRA Group of Companies and Eira Thomas, Lucara’s former CEO. Clara will be sold for $3m in cash and 13.4 million Lucara shares which at the diamond miner’s current share price is worth C$5.9m (U$4.3m). Lucara will also retain a 3% net profit interest in ...
Mantashe wants commodity price-linked electricity tariffs
WEB3 days ago · MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort to restart ferromanganese and ferrochrome smelters that had been shut down because of South Africa’s soaring power costs. Speaking at the Joburg Indaba mining conference being ...
Implats to cut projects, reposition mines amid “anaemic” outlook
WEBFebruary 29, 2024. IMPALA Platinum (Implats) has unveiled a group-wide restructuring plan in which it may cut as much as 14% of platinum group metal (PGM) production between 2025 and 2027, including previously forecast expansions. This comes amid expectation of “anaemic” market conditions for PGMs which has already resulted in a 32% decline ...
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.
About Us - Miningmx
WEBAbout Us. 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. The scope of the news and analysis is around commodity markets ...
The Mining Yearbook 2020 - Miningmx
WEBThe 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?