MiningWeekly.com Audio Articles

Orion advancing Prieska funding talks. PERTH (miningweekly.com) - Dual-listed Orion Mining was hoping to conclude bank financing discussions for its Prieska copper/zinc project, in South Africa, by Christmas this year, allowing for a final ...

Electricity the major constraint on investment - Mantashe. PERTH (miningweekly.com) - South Africa's Mineral Resources and Energy Minister, Gwede Mantashe, has urged continued foreign investment into the country's resources sector, saying that the government i...

Mining, manufacturing contribute to 3.1% GDP growth in second quarter. South Africa's gross domestic product (GDP) expanded by 3.1% in the second quarter of the year. This follows on the 3.1% contraction recorded for the first quarter. On a year-on-year basis, GDP expan...

Orion awarded mining right at Prieska, strengthens exploration pipeline. PERTH (miningweekly.com) - Dual-listed Orion Minerals is making significant strides in advancing its Prieska copper/zinc project, in South Africa's Northern Cape, while also strengthening its base meta...

DRDGold delivers another dividend, supportive of possible Sibanye buyout. JOHANNESBURG (miningweekly.com) - Despite a difficult environment, debt-free DRDGold has declared a dividend of 20c a share for the financial year ended June 30 - representing a threefold increase on t...

‘Too big to fail' makes Eskom debt a good bet in low-yield world. South Africa's pledge not to let Eskom Holdings fail is enticing yield-starved investors to the company's dollar debt. Bondholders from New York to Seoul say they're happy to hold onto the power compa...

Gold ETFs surge more than 100 t in August as havens in vogue. SINGAPORE - Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 t in August to hit the highest since February 2013 as the trade war worsened, risk as...

Sylvania posts higher full-year earnings. Aim-listed Sylvania Platinum's basic earnings per share (EPS) improved by 66% to $0.0637 a share for the financial year ended June 30. This is compared with the earnings of $0.0383 a share achieved in...

ARM lifts headline earnings, despite difficulties facing the mining sector. Notwithstanding a difficult operational period for South Africa's embattled mining industry, diversified miner African Rainbow Minerals (ARM) increased its headline earnings per share (HEPS) for the fi...

How hydrogen could solve steel's climate test and hobble coal. Steel could shed its reputation as a climate threat by using hydrogen instead of fossil fuels for as much as half of global output by 2050, according to BloombergNEF. The steel industry could adopt hy...