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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.
Sibanye-Stillwater to impair US mine for R8.79bn - Miningmx
12 hours ago · SIBANYE-Stillwater said in a trading statement on Wednesday that it would write-down its US-based Stillwater palladium/platinum mine by about R8.79bn. The impairment stems from a decision announced last year to cut production at Stillwater as the outlook for the palladium price had deteriorated. The impairment will feature in …
Gold Fields sees smooth pathway for Windfall project
11 hours ago · APART from having to manage and co-exist with caribou on the Windfall property in Quebec, Gold Fields does not anticipate encountering the same environmental hurdles in developing the mine as with Salares Norte in Chile, CEO Mike Fraser said.. Since Gold Fields started development at Salares Norte, progress has been halted a couple of times so that it could capture and relocate the endangered ...
Anglo agrees joint mine plan with Codelco for copper mines
13 hours ago · ANGLO American today announced plans for a joint mine plan with Codelco in Chile that will see the partners produce 2.7 million tons of additional copper over 21 years from 2030.. A memorandum of understanding has been signed between Anglo’s 50.1% owned subsidiary Anglo American Sur and Codelco in which they will optimise the mining and processing capacity of their neighbouring Los Bronces ...
Glencore says US “leading candidate” as plots listing switch
1 day ago · GLENCORE said on Wednesday it was considering moving its primary listing from London, possibly to the United States although it was giving mind to other jurisdictions.. Responding to questions following the group’s full year results presentation, Glencore CEO Gary Nagle said the US was “the leading candidate”, although he added that even with its UK listing, about 50% of the group’s ...
Gold’s latest surge a sign it will test $3,000/oz this year
Feb 11, 2025 · “Gold remains in a sweet spot, with little standing in its way,” Westpac Banking Corp. analyst Richard Franulovich said in a note reported by Bloomberg News. “An intrinsically unpredictable and disruptive Trump, hurtling tariff threats at allies and adversaries alike, alongside the threats of 100% tariffs on the BRICs if they diversify away from the dollar, all point to …
About Us - Miningmx
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 and corporate developments of […]
AngloGold open to selling mines if Centamin deal passes muster
Sep 10, 2024 · ANGLOGOLD Ashanti CEO Alberto Calderon said he was open to selling less profitable mines if the firm’s $2.5bn offer for Centamin announced today was approved. “In my view, you cannot shrink into greatness but [this deal] allows you to be focused on tier one assets and have another look at your tier two assets,” he said in response to a question during an analyst and investor conference call.
The Mining Yearbook 2024 - Miningmx
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.
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