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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.
Dispute flares over illegal mining at Optimum Coal - Miningmx
2 days ago · LIBERTY Coal said on Friday it had launched a R600m damages claim in the High Court against Kego Mining which it alleges illegally mined Optimum Coal. Kego Mining rejected the allegation. It said over the weekend it had been operating lawfully in terms of the Minerals and Petroleum Resources Development Act (MPRDA). Liberty’s claim is […]
Anglo tails up as restructuring starts to gain serious momentum
18 hours ago · THE sale of Anglo American’s remaining metallurgical coal assets in Australia came in above expectations and boded well for the group’s restructuring plans, analysts said.. Anglo announced on Monday that it would sell the remainder of its 15 to 17 million tons (Mt) a year coal mines for $3.8bn in a cash deal with US group, Peabody Energy.. Including the November 4 sale of its Jellinbah ...
About Us - Miningmx
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 and corporate developments of […]
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Miningmx's Top Story section provides the latest and most significant news related to the African mining sector, with a focus on independent journalism.
Gold Archives - Miningmx
GOLD Fields turned in a vastly improved production report for its third quarter registerting strong recoveries at all its assets, especially at South Deep...
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The Mining Yearbook 2024 - Miningmx
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.
Global miners facing 80% haircut in 2023/24 - Miningmx
Jun 25, 2024 · NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another 36% in 2024 on a combination of lower commodity prices and above-average inflation, PwC said in its annual Mine 2024 report.. It said total revenues of the world’s top 40 mining companies fell by 7% in 2023 compared with 2022 and are expected to slide another 6% ...
Mined platinum supply set to fall in 2025, says WPIC
1 day ago · MINED platinum supply is forecast to fall two percent next year owing to continued restructuring by producers, said the World Platinum Investment Council (WPIC).. Commenting in its third quarter supply and demand report, in which a third successive supply deficit was forecast for the metal in 2025, the council said newly mined production was set to remain flat this year at about 5.68 million ...