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South Africans are making waves in North American mining

South Africans are making waves in North American mining

15 May 2020 /  Ciaran Ryan   1
SA’s loss is that part of the world's gain.
Platinum giant say lockdown in SA risks killing mines

Platinum giant say lockdown in SA risks killing mines

14 May 2020 /  Felix Njini, Bloomberg   3
The country's labour-intensive mines need to be at a minimum of 75% to 80% of capacity to be viable, says Sibanye head.
AngloGold Ashanti boosts cash flow despite production loss

AngloGold Ashanti boosts cash flow despite production loss

11 May 2020 /  Tanisha Heiberg, Reuters  
'Cash flow is strong, leverage is down, and all operations are running,' Chief Executive Kelvin Dushnisky said
Carmakers urged to invest in mines to avoid battery metal pinch

Carmakers urged to invest in mines to avoid battery metal pinch

11 May 2020 /  David Stringer, Bloomberg   2
Demand from electric vehicles batteries will boost a cluster of metals.
ArcelorMittal suspends dividend, drops global steel outlook

ArcelorMittal suspends dividend, drops global steel outlook

7 May 2020 /  Elena Mazneva, Bloomberg   
Citing market uncertainties around the coronavirus epidemic.
Harmony plans to issue $200m worth of shares for AngloGold deal

Harmony plans to issue $200m worth of shares for AngloGold deal

6 May 2020 /  Promit Mukherjee, Reuters   1
Mining operations were halted as South Africa went into a five-week lockdown to curb the spread of the coronavirus.
Harmony Gold withdraws annual production guidance

Harmony Gold withdraws annual production guidance

6 May 2020 /  Promit Mukherjee, Reuters  
From May 1, mines have been allowed to start operations with 50% of their workforce.
Looking for a glowing commodity, try uranium

Looking for a glowing commodity, try uranium

6 May 2020 /  Clara Ferreira Marques, Bloomberg  
For now, uranium has some rare radiance.
Assore chrome mine in SA shuts after worker diagnosed with Covid-19

Assore chrome mine in SA shuts after worker diagnosed with Covid-19

6 May 2020 /  Helen Reid and Tanisha Heiberg, Reuters  
Mine would resume operations after management's audit.
While no one was looking, a miner pulled off a major gold find

While no one was looking, a miner pulled off a major gold find

6 May 2020 /  Ciaran Ryan   19
In Namibia – with Namibian and South African managers, Australian technology and Canadian money.
Has the gold stallion bolted?

Has the gold stallion bolted?

4 May 2020 /  Ciaran Ryan   6
Not by a long shot. Even Bank of America puts it at $3 000 an ounce in 18 months.
Amcu wins case on Covid-19 safety for miners

Amcu wins case on Covid-19 safety for miners

4 May 2020 /  Tanisha Heiberg, Reuters   3
'Now the lives and livelihoods of mineworkers can be protected.'
Fears rise for illegal SA miners hiding underground in virus lockdown

Fears rise for illegal SA miners hiding underground in virus lockdown

1 May 2020 /  Kim Harrisberg, Thomson Reuters Foundation   8
'We are more afraid of the police than the virus.'
Implats cuts output guidance and capex spend as coronavirus weighs

Implats cuts output guidance and capex spend as coronavirus weighs

30 Apr 2020 /  Tanisha Heiberg, Reuters  
The lockdown resulted in a 6% reduction in production, equivalent to 26 000 ounces, in its financial third quarter to March 31.
Glencore joins in mining industry’s rush to cut spending

Glencore joins in mining industry’s rush to cut spending

30 Apr 2020 /  Thomas Biesheuvel, Bloomberg  
The company will reduce capital expenses in 2020 to between $4 billion and $4.5 billion from its previous forecast of $5.5 billion.
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