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News
ASHLEY NYIKO MABASA | PGMs could be the basis of a new industrial strategy
1+ hour, 6+ min ago (439+ words) About 40% of the country’s mining workforce is in the PGM sector. The metals account for more than a quarter of mining’s gross value added. This is one of South Africa’s core economic platforms, yet the country still exports too much…...
Indian coal miner blasts ‘green lobby’ lawfare in South Africa
12+ hour, 15+ min ago (773+ words) South Africa cannot afford to be manipulated by environmental self-interest groups who are blocking multibillion-rand projects from taking off. This is what Indian mining group Uthaka Energy (formerly Atha-Africa) will tell the Constitutional Court next month as it looks to…...
Finsch closure epitomises slump in natural diamonds
4+ day, 1+ hour ago (525+ words) Diamonds are no longer forever amid the biggest crisis for the industry in 100 years. Competition from lab-grown diamonds and falling consumer demand from China and the US have resulted in mine closures and job losses in South Africa. The sector…...
SA’s Traxtion bets on regional rail reforms and mineral boom
3+ day, 16+ hour ago (311+ words) South African rail services provider Traxtion is positioning itself to profit from a regional mineral boom and sweeping reforms across the continent that are opening up freight rail networks to private firms, CEO James Holley said on Friday. Traxtion, one…...
Southern Palladium urges faster mining rights process
4+ day, 1+ hour ago (688+ words) Dual-listed Southern Palladium is set to build a new platinum and chrome mine in Limpopo after it was granted a 30-year mining right for the Bengwenyama project. The mining right, covering 5,280 hectares, paves the way for the mining of platinum…...
Ramokgopa says South Africa won’t give up coal for foreign agendas
5+ day, 1+ hour ago (996+ words) Electricity & energy minister Kgosientsho Ramokgopa has reiterated that coal remains an integral part of South Africa’s energy mix despite the push for cleaner sources, urging critics of the fossil fuel not to undermine what he called science-backed efforts to make…...
MC Mining secures further funding from controlling shareholder for coal mining
5+ day, 16+ hour ago (295+ words) MC Mining has secured further funding from controlling shareholder Kinetic Development Group (KDG) to support its operations and the continued development of its Makhado coal project. KDG will provide an $8m short-term loan and subscribe for $16m of new MC Mining shares....
Mining shrinks 2.7% in the second quarter, raising economic red flags
5+ day, 15+ hour ago (251+ words) South Africa’s mining sector contracted further in June after the country’s key minerals, coal, iron ore, and platinum group metals (PGMs), registered a sharp drop in production — dragging the sector into 4.4% negative territory year on year. The June mining print…...
EDITORIAL | Harsher laws must be backed by capacity to tackle illegal mining
6+ day, 1+ hour ago (597+ words) It is astonishing that South Africa, with its long mining history that stretches back more than a century, does not have laws to specifically deal with the scourge of illegal mining. Big mining companies have repeatedly warned that the lack…...
Strong gold price gives Gold Fields a bumper first half
6+ day, 20+ hour ago (507+ words) Gold Fields expects first-half earnings to rise as much as 90% as higher gold production and a stronger gold price boosted its performance. It is maintaining its production guidance for 2026 despite operational challenges at two of its mines. HEPS for the…...