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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 …
Mantashe wants commodity price-linked electricity tariffs
WEB2 days ago · MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort to restart ferromanganese and ferrochrome smelters that had been shut down because of South Africa’s soaring power costs. Speaking at the Joburg Indaba mining conference being ...
Copper price set for volatility, say producers - Miningmx
WEB3 days ago · September 30, 2024. Copper concentrate. COPPER producers have warned the price of the metal will become volatile as the industry struggled to bring new supply online. Price swings would be “sharp from time to time” said the Financial Times citing Iván Arriagada, CEO of Chilean copper producer Antofagasta. He.
High flying Pan African weighs doubling up on Mintails
WEB3 days ago · The major driver for Pan African is its R2.4bn Mintails project, which it’s commissioning this week. The project is expected to increase annual gold production to as much as 220,000 ounces — roughly 40,000 oz more than in the 2024 financial year. At a “well-supported” gold price of $2,500/oz, the higher output, forecast to be mined at ...
Uganda to consolidate mining interests in new state-owned …
WEB4 days ago · October 2, 2024. Yoweri Museveni, President, Uganda. UGANDA has targeted strategic partnerships with “young” mineral developers as part of efforts to formalise its mining interests through a newly formed state-owned mining company. “This company will manage the state’s commercial interests in the mining industry,” Uganda’s minister ...
SA mining industry retrenchments ramp up in second quarter
WEB3 days ago · COST cutting in South Africa’s platinum group metals (PGMs) sector drove a second quarter reduction of 7,000 jobs in the country’s mining sector, said BusinessLive.. Citing data from the Minerals Council, the publication said the job reductions were more than double that of the first three months of the year, and took total employment in the industry to 472,000 at end-June, down 1.5% from ...
Saudi’s rise in mining is breathtaking, and problematic
WEBAugust 28, 2024. L ong the world’s largest producer of oil, Saudi Arabia now seeks to unlock a treasure trove of minerals beneath its sands while using the endowment generated by decades of hydrocarbon revenue to invest in mining elsewhere, notably Africa. This has the potential to dramatically raise the Kingdom’s geopolitical and economic ...
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 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.
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?