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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 …
Rhyolite Ridge decision looms for Sibanye-Stillwater - Miningmx
WEB2 days ago · A DECISION on whether to invest up to $245m in Rhyolite Ridge, a lithium/boron mine in the US, moved a step closer for Sibanye-Stillwater after the Biden administration on Thursday published a key environmental report for the venture.. The US Bureau of Land Management’s (BLM’s) final environmental impact statement sets in motion a review period of at least 30 days before a record of ...
Gold industry CEOs say M&A will be disciplined - Miningmx
WEB3 days 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
WEB3 days 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 …
Wafer-thin palladium market soars on ‘confluence of factors’
WEB4 days ago · 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.
Zambia’s mineral reforms pose “unprecedented threat”
WEB4 days ago · PROPOSED ownership reforms in Zambia’s mining sector posed an “unprecedented threat” to investors’ rights, said the country’s Chamber of Mines.. The Chamber was commenting in an article by Bloomberg News on recently announced government plans to establish a state-owned firm. The new firm would control at least 30% of future mines’ production of critical minerals including copper.
Nickel prices jump as Putin calls for commodity export cuts
WEB4 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.
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?
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