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Cadia mine
Cadia mine
Newmont beats quarterly profit estimates on higher gold prices, Cadia recovery
23rd October 2026 By: Reuters

World's largest gold miner Newmont beat analysts' third-quarter profit estimates on Thursday, as elevated gold prices and a recovery in copper production at its Cadia mine in Australia boosted earnings. Gold prices averaged $4 204.59/oz during... 


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Tungsten ore
Automated hedger, financial exchange, market maker create landmark tungsten price hedge
23rd October 2026 By: Marleny Arnoldi

An AI-powered risk management platform, a derivates exchange and a market maker and liquidity provider are partnering to create a landmark tungsten price hedge using event contracts on Kalshi. With... 


US Steel's Clairton plant
Nippon Steel to spend $3bn in US Steel plant equipment upgrade, Nikkei reports
23rd October 2026 By: Reuters

Nippon Steel will invest about $3-billion in the US Steel-operated Mon Valley works in Pennsylvania to upgrade the plant's hot rolling facility, the Nikkei newspaper reported on Thursday. The move... 


Natural gas tank
Vale, CSN among winners in Brazil natural gas auction
23rd October 2026 By: Reuters

Major mining, steelmaking and petrochemical companies, including Vale and CSN, won lots in a natural gas auction held by Brazilian State-run oil firm PPSA on Thursday, data from the auction... 


VAC magnet manufacturing plant
GM cancels deal with new US rare-earth magnet plant, documents say
23rd October 2026 By: Reuters

General Motors, the biggest customer of a US factory making rare earth magnets for electric vehicles, cancelled its long-term supply deal with the manufacturer, and the two sides are in... 


Brownsville lithium refinery concept
North America-focused lithium refiner Lithium Universe announces CEO resignation
23rd October 2026 By: Marleny Arnoldi

ASX-listed Lithium Universe has announced the resignations of its CEO Iggy Tan and chief technology officer Dr Jingyuan Liu to pursue other opportunities effective October 30. The board has... 


Norsk Hydro refinery
Norsk Hydro flags higher smelting costs after quarterly profit miss
23rd October 2026 By: Reuters

Norwegian aluminium producer Norsk Hydro on Friday reported a third-quarter core profit below market expectations and said it expected higher costs and lower realised metal prices at its smelting... 


Lithium ore
European Metals' Geomet opts for cheaper, cleaner tech choice for Cinovec lithium processing
23rd October 2026 By: Marleny Arnoldi

ASX- and Aim-listed European Metals' 49%-owned subsidiary Geomet has approved the adoption of tunnel kiln technology for the Cinovec lithium project, in Czech Republic. Geomet originally planned... 


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Sandvik Toro loader and Toro truck
Northern Star procures Toro loaders, trucks from Sandvik
23rd October 2026 By: Marleny Arnoldi

Australia's largest gold miner Northern Star Resources has selected multinational engineering company Sandvik to supply 25 units of underground equipment to operations in Western Australia. The... 


Uranium drill core
Neu Horizon plans drilling on large unexplored Swedish uranium target
23rd October 2026 By: Marleny Arnoldi

ASX-listed Neu Horizon Uranium has defined a large, drill-ready uranium target at its Storvallflon prospect, in Sweden. Five independent datasets, including airborne electromagnetics, drone... 


Metso machinery
Metso tasks Lapointe to lead aggregates business
23rd October 2026 By: Marleny Arnoldi

Mineral processing equipment company Metso has appointed Renaude Lapointe president of its aggregates business effective November 15, succeeeding Markku Simula. Lapointe has worked as Metso's... 


Whitehaven coal conveyor
Australia's Whitehaven Coal beats quarterly output estimates on Queensland strength
23rd October 2026 By: Reuters

Australia's Whitehaven Coal beat market estimates for quarterly output on Friday, supported by robust production from its Queensland operations, and said it expected stronger cash generation... 


Copper cathode
Halo granted mining permit for copper tailings processing in Chile
23rd October 2026 By: Marleny Arnoldi

Aim-listed copper recovery company Halo Minerals and its subsidiary Minera Playa Verde have been granted a key mining permit for the Playa Verde copper and gold tailings processing project in... 


An image of the Etango project
Etango JV takes final investment decision to proceed with Namibia project
23rd October 2026 By: Tasneem Bulbulia

ASX-listed Bannerman Energy advises that the Etango joint venture (JV), in which it has a 55% stake and its partner CNNC Overseas Limited (CNOL) a 45% interest, has taken a positive final... 


Canadian steel
Canada, Ontario unveil multi-billion steel and auto support package
22nd October 2026 By: Reuters

Canada and the province of Ontario on Wednesday unveiled a C$9-billion ($6.4-billion) support package to help the steel and auto sectors deal with US tariffs and also boost critical mineral support... 


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Huayue Nickel Cobalt plant
Nickel Industries says Indonesia cuts coming as Chinese producers weigh steep reductions
23rd October 2026 By: Reuters

Australia-listed Nickel Industries says nickel producers in the Indonesia Morowali Industrial Park (IMIP), a key production base for the metal, will coordinate on output cuts as Chinese operators... 


Whitehaven coal conveyor
Australia's Whitehaven Coal beats quarterly output estimates on Queensland strength
23rd October 2026 By: Reuters

Australia's Whitehaven Coal beat market estimates for quarterly output on Friday, supported by robust production from its Queensland operations, and said it expected stronger cash generation... 


VAC magnet manufacturing plant
GM cancels deal with new US rare-earth magnet plant, documents say
23rd October 2026 By: Reuters

General Motors, the biggest customer of a US factory making rare earth magnets for electric vehicles, cancelled its long-term supply deal with the manufacturer, and the two sides are in... 


Norsk Hydro refinery
Norsk Hydro flags higher smelting costs after quarterly profit miss
23rd October 2026 By: Reuters

Norwegian aluminium producer Norsk Hydro on Friday reported a third-quarter core profit below market expectations and said it expected higher costs and lower realised metal prices at its smelting... 


Magazine round up | 23 October 2026
Magazine round up | 23 October 2026
23rd October 2026

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


An image of a nickel and copper drill core
URU signs drilling contract for Limpopo project
22nd October 2026 By: Tasneem Bulbulia

London-listed URU Metals’ subsidiary Lesego Platinum Uitloop (LPU) has signed the drilling contract for the next phase of work at its Zeb nickel project, in Limpopo, South Africa. The appointed... 


An image of Graham Briggs
Metals One to acquire all shares in Lions Bay Resources
22nd October 2026 By: Tasneem Bulbulia

Aim-listed Metals One has entered into a binding term sheet with TSX-V-listed Lions Bay Capital, Salamander Consulting and Lions Bay Resources (LBR) for the proposed acquisition of the remaining... 


Sector News

Magazine

Magazine round up | 23 October 2026
Magazine round up | 23 October 2026

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

ANNUAL SHUTDOWN: Earlier this month, extensive maintenance was undertaken along the 861-km iron-ore export line stretching from Sishen in the Northern Cape to the Port of Saldanha in the Western Cape. Maintenance activities, which were undertaken by the Transnet Rail Infrastructure Manager, included rail and sleeper replacement, ballast screening, turnout renewal and maintenance, formation rehabilitation, culvert installation, as well as electrical and signalling upgrades.
ANNUAL SHUTDOWN

Earlier this month, extensive maintenance was undertaken along the 861-km iron-ore export line stretching from Sishen in the Northern Cape to the Port of Saldanha in the Western Cape. Maintenance... 

South African mining’s future could be  built with effort that’s not insurmountable
South African mining’s future could be built with effort that’s not insurmountable

South Africa must continue to address administrative complexity that all too often creates unpredictability as far as investors are concerned. When it comes to mining, a harmonised regulatory... 

Photo of Terence Creamer
It’s the economy . . .

The elections being held in South Africa and the US in the first week of November are different in many ways. While the words, actions, voting records, campaign contributions, and even the dietary... 

Business Leader

Nirishi Trikamjee, interim CEO of the Beer Association of South Africa (BASA) and CEO of the NFS Group of Companies
Nirishi Trikamjee

This week we profile Nirishi Trikamjee, interim CEO of the Beer Association of South Africa (BASA) and CEO of the NFS Group of Companies, which offers a range of financial services  



GOLDEN PEACE: South Africa is a country of contradictions. On the day that Navi Pillay was named as the 2026 Nobel Peace Prize winner, her home city of Durban was being rocked by anti-immigrant violence. South Africa’s other four recipients – Albert Luthuli, Desmond Tutu, FW de Klerk and Nelson Mandela – also walked this country’s fine line between peace and violence. This contradiction notwithstanding, South Africa should still celebrate the fact that Pillay and her fellow laureates are true symbols of peace in a fractured world.
GOLDEN PEACE

South Africa is a country of contradictions. On the day that Navi Pillay was named as the 2026 Nobel Peace Prize Winner, her home city of Durban was being rocked by anti-immigrant violence. South... 

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pqt: 0.027s - ct: 0.089s - 138pq - 2rq
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