Platinum seen contributing as much to South Africa's economy as gold did in the 20th century. With the too-high economic cost of a lost opportunity looming, immediate measures are required to assist the platinum group metals (PGMs) mining sector to improve its viability and preserve employment....

Miners in Congo face subcontracting limits under new rules. KINSHASA – Companies in the Democratic Republic of Congo will have to ensure subcontractors they hire are domestically owned under rules being implemented by the government. The requirement adds to ...

First-quarter gold demand lifted by central banks, ETFs. JOHANNESBURG (miningweekly.com) – Continued growth in central bank buying and growth in gold-backed exchange-traded funds (ETFs) contributed to a 7% year-on-year increase in global gold demand to 1053...

Transnet promises to fill executive vacancies as Mahomedy is appointed new acting CEO. State-owned freight logistics group Transnet has appointed Mohammed Mahomedy as acting group CEO after its board decided not to extend the six-month contract of Tau Morwe, beyond Friday, May 3. Maho...

Anglo American a ‘fundamentally different’ business. As dual-listed Anglo American looks back on what has been described as another “very successful year”, the mining giant can look back on what is a significantly contrasting position less than a decade ...

Mantashe to officially hand over 50% shareholding of Arnot mine to former Exxaro employees. Mineral Resources Minister Gwede Mantashe will on Wednesday officially hand over a 50% shareholding held by mining company Exxaro in the Arnot coal mine, in Middleburg, Mpumalanga, to former Arnot Coal...

Mining must both prepare for the 4th Industrial Revolution and also transform – Mantashe. Mineral Resources Minister Gwede Mantashe has warned that the South African mining industry must carry out skills development to prepare itself and its employees for the Fourth Industrial Revolution (4...

Glencore lowers full-year copper output guidance. JOHANNESBURG (miningweekly.com) – Diversified miner Glencore has lowered its full-year production guidance for copper to 1.46-million tonnes, compared with the previously guided 1.54-million tonnes. ...

Zimplats reports 2% increase in third-quarter mined ore. Improved fleet productivity resulted in a 2% quarter-on-quarter increase in ore mined by platinum group metals (PGMs) miner Zimplats in its third fiscal quarter, ended March 31. Tonnes milled, howev...

Sylvania delivers ‘significantly better’ third quarter, despite challenges. After a challenging second fiscal quarter, Aim-listed Sylvania Platinum’s Sylvania Dump Operations (SDO) performed “significantly better” and delivered 16256 oz of platinum group metals (PGMs) – a 9% ...