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网页Miningmx 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
网页2 天之前 · 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
网页3 天之前 · 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
网页3 天之前 · 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
网页3 天之前 · 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 …
Wafer-thin palladium market soars on ‘confluence of factors’
网页4 天之前 · Investec Securities estimated there was “pent up demand” for vehicles the equivalent of 1.4 million oz in palladium demand, about 16% of annual demand. In terms of units, this was four million vehicles in the US and 7.4 million in Europe. For rhodium this demand was equal to 156,000 oz or 13% of the metal’s annual demand.
The Mining Yearbook 2023 - Miningmx
网页The 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.
Barrick got "a way to go" before convincing market merger
网页2022年5月4日 · MARK Bristow said his company Barrick Gold had “a way to go” before it could convince investors its improved financial performance was sustainable. “Our share price is above its five year profile on metrics but it’s lagging Newmont (Mining),” he said in an interview. Shares in Barrick Gold are nearly 21% higher this year, but largely flat over the last 12 months compared to Newmont ...
Pan African hits 2024 guidance – but it could have been better
网页2024年7月29日 · PAN African Resources produced 186,039 ounces of gold in its 2024 financial year ended June – 6.2% more than in 2023 owing to an much-improved performance at the Barberton Mines complex in Mpumalanga province.. But it could have been better for the £540m South African gold miner. In January Pan African raised the prospect of increasing its 180,000 to 190,000 oz production guidance for the year.
The Mining Yearbook 2020 - Miningmx
网页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?