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Gold bars
Central banks bought far less gold than thought at start of year
30th July 2026 By: Bloomberg

Central banks bought far less gold at the start of the year than previously thought, and while demand has since rebounded, their purchases are expected to decline this year, according to the World Gold Council. Central banks only bought 57 t in... 


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An image of Bloom Lake
Champion Iron Ore’s finances strained in first quarter
30th July 2026 By: Tasneem Bulbulia

High-purity iron-ore producer Champion Iron Ore, with operations in Canada and Norway, produced 3.9-million wet metric tonnes (wmt), sales of 3.3-million dry metric tonnes (dmt), revenue of... 


An image of Agnico CEO and president Ammar Al-Joundi
Higher output, disciplined cost control contribute to record free cash flow for Agnico Eagle
30th July 2026 By: Tasneem Bulbulia

NYSE- and TSX-listed Agnico Eagle Mines delivered a strong second-quarter performance, with better-than-planned production and disciplined cost control driving strong margins and record quarterly... 


Copper mineralisation
Hudbay maintains full-year output guidance following strong second-quarter performance
30th July 2026 By: Lumkile Nkomfe

Canadian mining company Hudbay Minerals has reported a strong second-quarter performance, with revenues of $631.3-million, net earnings attributable to owners of $137.4-million, adjusted earnings... 


A map showing the location of the Lobo-Marte project
Kinross maintains strong balance sheet, project pipeline
30th July 2026 By: Creamer Media Reporter

TSX- and NYSE-listed Kinross Gold Corporation delivered a "strong" second-quarter performance, CEO J Paul Rollins reports, adding that the company generated more than $725-million of free cash flow... 


A map indicating the location of the Sela Creek and Nassau gold projects
La Mancha Resources Fund to acquire 19.9% stake in Miata Metals
30th July 2026 By: Creamer Media Reporter

La Mancha Resource Fund, a Luxembourg-based deep value fund focused on investments in the precious and energy transition metals space, plans to acquire a 19.9% shareholdings in Canadian mineral... 


An image of tungsten samples from Viking
Independent concept processing study completed for Viking Mines’ Nevada project
30th July 2026 By: Tasneem Bulbulia

ASX-listed Viking Mines informs that minerals processing company Mineral Technologies has completed an independent concept processing study for the Linka tungsten project, in Nevada, in the US,... 


Rare earth oxides
Japan's Jogmec to invest up to $34m in Toyota Tsusho rare earth venture in Namibia
30th July 2026 By: Reuters

Japan Organization for Metals and Energy Security and Toyota Tsusho said on Thursday that the former will invest up to C$47.7-million ($33.9-million) in a Toyota Tsusho unit developing a heavy rare... 


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Arun Misra
Indian miner Vedanta names Arun Misra as CEO, Q1 profit jumps
30th July 2026 By: Reuters

Indian metals-to-oil conglomerate Vedanta on Thursday named Arun Misra as its CEO for a one-year term starting August 1, while also reporting a 72% jump in first-quarter profit. Misra currently... 


Coal stockpiles
China generates less than half of its electricity from coal for the first time
30th July 2026 By: Reuters

China, the world's largest coal consumer, generated less than 50% of its electricity from the fossil fuel in the six months to June, marking a first for the country which has been promoting the use... 


An image of Sabodala-Massawa expansion
Endeavour Mining report record first-half free cash flow, shareholder returns
Updated 5 hours ago By: Tasneem Bulbulia

London-listed Endeavour Mining has reported strong financial results for the first half of this year, with record performances for both free cash flow of $761-million and shareholder returns of... 


An image of Resolute Mining CEO Chris Eger
Resolute advances priorities during interim period
Updated 6 hours ago By: Tasneem Bulbulia

West Africa-focused gold miner Resolute Mining continued to advance its operating, development and exploration priorities during the quarter ended June 30, while maintaining a strong balance sheet,... 


Ivanhoe Mines co-chairperson Robert Friedland
Ivanhoe reports quarterly profit as Kamoa-Kakula recovery gains momentum
Updated 6 hours ago By: Lumkile Nkomfe

TSX-listed Ivanhoe Mines has returned to profitability in the second quarter, reporting a net profit of $46-million, as operations at its flagship Kamoa-Kakula copper complex in the Democratic... 


Anglo American CEO Duncan Wanblad.
Anglo highlights ability to provide capital efficient copper growth in tightening market
Updated 6 hours ago By: Martin Creamer

The capital intensity of mining has risen well ahead of inflation and mining project development timelines are continuing to extend, Anglo American CEO Duncan Wanblad pointed out on July 30 when he... 


Meridian Mining CEO Gilbert Clark
Smelter tests deliver high-quality blister copper for Meridian Mining
Updated 8 hours ago By: Lumkile Nkomfe

TSX-listed Meridian Mining has reported that its smelter tests have delivered high-grade and high-quality blister copper, highlighting that the laboratory-scale smelting and converting tests... 


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Rare earth oxides
Japan's Jogmec to invest up to $34m in Toyota Tsusho rare earth venture in Namibia
30th July 2026 By: Reuters

Japan Organization for Metals and Energy Security and Toyota Tsusho said on Thursday that the former will invest up to C$47.7-million ($33.9-million) in a Toyota Tsusho unit developing a heavy rare... 


An image of Glencore copper
Glencore reports strong first-half copper production
29th July 2026 By: Tasneem Bulbulia

Diversified miner Glencore reported a strong production performance for the first six months of this year, with its key assets largely performing in line with expectations and previously... 


White Mesa Mill
Energy Fuels kicks off Utah rare-earth expansion to boost US magnet supply
29th July 2026 By: Reuters

Miner Energy Fuels said on Wednesday that construction has begun to expand its White Mesa Mill in Utah to enable large-scale production of heavy rare-earth oxides, for use in magnets and other... 


Rough diamonds recovered by De Beers
Anglo said to be in talks to sell De Beers for about $1bn
29th July 2026 By: Bloomberg

Anglo American is discussing a deal worth about $1-billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth. Anglo has been looking to... 


Nickel smelting
Indonesia nickel smelter group says exports still delayed by rare earth checks
29th July 2026 By: Reuters

Indonesia's nickel smelter group FINI said on Wednesday that exporters were still waiting for about 120 surveyor reports to be issued in order to resume shipments, despite a pledge by the... 


Allied Gold's Sadiola mine
Allied Gold's $4bn sale to China's Zijin collapses, secures $295m investment
29th July 2026 By: Reuters

Zijin Gold and Allied Gold have scrapped a planned C$5.5-billion ($3.90-billion) buyout of the Canadian miner, with the Chinese company instead taking a 9.2% stake for about $295-million. US-listed... 


Valterra Platinum CEO Craig Miller.
Valterra Platinum remains ‘highly confident’ in ‘robust outlook’ for PGM demand
29th July 2026 By: Martin Creamer

Johannesburg Stock Exchange-listed platinum group metals (PGM) mining and marketing company Valterra Platinum is actively supporting long-term PGM demand growth through strategic industry... 


Sector News

Magazine

Magazine round up | 24 July 2026
Magazine round up | 24 July 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

WIND CLUSTER
WIND CLUSTER

The 330 MW Impofu Wind Farm cluster, in the Eastern Cape, achieved full commercial operations in June. Comprised of three 110 MW wind farms (Impofu North, Impofu East and Impofu West) the cluster... 

Photo of Martin Creamer
South Africa’s public and private sectors should put foot on the energy accelerator

A country with sufficient energy can advance economically. A country with insufficient energy cannot. The private sector finds energy generation good business. The public sector is seeing that the... 

Photo of Terence Creamer
Distorted lens

Transitions are never easy. They are disruptive and are often fiercely resisted. South Africa navigated its own grand political transition in 1994, following a period of intense uncertainty and... 

Business Leader

Richard Grantham, joint CE: Mid-Market at Deal Leaders International
Rick Grantham

This week we profile Richard Grantham, joint CE: Mid-Market at Deal Leaders International, a sell-side merger-and-acquisition advisory services firm 

BIG MISMATCH: South Africa’s industrial policy continues to push for mineral beneficiation. But the surge in electricity tariffs over the past two decades has made implementation near impossible. The move to extend discounted tariffs to certain sectors is offering some narrow-based relief. It is far from clear, though, how these discounts can be paid for and sustained, especially given an electricity policy that has been adjusted to force in some expensive new generation solutions and a pricing policy that is piling on the fixed charges.
BIG MISMATCH

South Africa’s industrial policy continues to push for minerals beneficiation. But the surge in electricity tariffs over the past two decades has made implementation near impossible. The move to... 

Showroom

Tsurumi Pumps Africa
Tsurumi Pumps Africa

Tsurumi Pumps Africa is a specialist supplier of Japanese-engineered submersible pumping solutions, serving customers across the African continent.

VISIT SHOWROOM 
Mitsubishi Chemical Group
Mitsubishi Chemical Group

Mitsubishi Chemical Advanced Materials South Africa (Pty) Ltd is a leading manufacturer of high-performance engineering plastics for the mining...

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