Gold slips to $4,400 as blowout US jobs data revives hawkish Fed bets
Gold fell to about $4,400 an ounce on 8 September 2026 after a strong US jobs report strengthened the case for a hawkish Federal Reserve stance.
US copper imports from Congo hit record 53,290 tonnes in July
US imports of refined copper from the DRC reached a record 53,290 tonnes in July, exceeding the volume imported throughout 2024, as Chinese purchases from Congo declined.
ARM's iron ore earnings halve as Assmang absorbs Beeshoek closure costs
African Rainbow Minerals' iron ore division booked a 41% drop in headline earnings for the year to June 2026, hit by weak prices and the cost of shutting Beeshoek, even as group profit recovered to nearly R4bn.
Waterberg PGM project shifts to phased, gold-weighted plan as partners grow more upbeat
Platinum Group Metals Ltd is studying a staged development of the Waterberg JV in Limpopo, with a feasibility study due by November. Implats, which holds just under 15%, says the new thinking is more appealing.
Implats headline earnings jump thirty-one-fold as PGM price recovery funds R17.1bn in dividends
Impala Platinum lifted headline earnings to R22.9bn in FY2026 from R732m a year earlier as higher precious and base metal prices flowed through, and declared total dividends of 1,855c a share.
JSE reclaims 116,000 as gold and platinum miners surge 38% and 21.6% in August
The FTSE/JSE All Share Index closed at 116,687.82 on 3 September 2026 as gold mining equities surged about 38% and PGM producers gained 21.6% during August.
Implats profit soars 40-fold, dividend jumps elevenfold on platinum price rally
Impala Platinum reported on 3 September 2026 that annual net income surged more than 40 times to R31bn as platinum prices rallied, allowing the group to raise its total dividend more than elevenfold to R17.1bn.
SFO settles decade-long fraud probe suit tied to Congo mining bribes
The UK's Serious Fraud Office settled a lawsuit over its investigation into ENRC, the predecessor of Eurasian Resources Group, tied to bribery allegations in DRC mining contracts.
Sibanye-Stillwater reinstates dividend after three years as PGM prices roar back
Sibanye-Stillwater declared its first dividend in three years on 1 September 2026, paying R5.7bn after H1 2026 EBITDA rose 111% on the back of a 67% rise in its PGM basket price.
Caledonia's Blanket Mine loses bid to block $336,000 death claim
Zimbabwe's High Court has dismissed an attempt by Caledonia Mining's Blanket Mine to stop a $335,966 damages claim brought by the widow of a miner killed in a 2022 underground accident.
Mantra to restart Mkuju River uranium construction in October
Mantra Tanzania says it will resume construction of the main Mkuju River uranium plant in October 2026, after Tanzania's minerals minister set a 2029 target for first production.
Sibanye-Stillwater's SA PGM EBITDA quadruples to R19.2bn on a 67% higher basket price
Sibanye-Stillwater's South African PGM division generated R19.2bn of adjusted EBITDA in the first half of 2026, up 302%, as the 4E basket rose 67% to R43,996 an ounce and production held steady.
CrossBoundary switches on solar and battery plant at Kamoa copper mine
CrossBoundary Energy's solar and battery storage facility for Kamoa Copper reached commercial operation, supplying 30MW of continuous renewable power to the DRC copper complex.
CBG edges toward a fourth Guinean alumina refinery after Paris talks
Compagnie des Bauxites de Guinée and its shareholders agreed an action plan in Paris to advance a domestic alumina refinery, which would become Guinea's fourth such project alongside three already under construction in Boké.
Global gold ETF holdings hit a record 4,189 tonnes in August
Global gold-backed ETF holdings reached a record 4,189 tonnes in August 2026, with $18bn of inflows for the month, World Gold Council data showed.
Caledonia declares maiden 379,000oz Motapa resource and lifts Blanket estimate 22%
Caledonia Mining published a maiden measured and indicated resource of 379,000oz at Motapa and raised Blanket's underground M&I resource by 22% to 2.18Moz.
US-backed Lobito deal between DRC and Angola targets week-long copper transit
The DRC and Angola have signed a new US-backed agreement on the Lobito Corridor, aiming to cut copper and cobalt transit times from roughly 30 days to a week or less as Washington competes with Chinese-backed routes.
Silicosis claims to Tshiamiso Trust jump 64% as deadline nears
The Tshiamiso Trust says claim lodgements rose 64% in 2025/2026, taking cumulative payouts to R2.53bn, even as its chairperson warns current funding will not sustain operations for the trust's full 12-year life.
Northam sets Vision 2031 target of 1.5Moz PGM sales, banks on AI demand
Northam Platinum set a Vision 2031 target of more than 1.5 million ounces of annual PGM sales, with chief executive Paul Dunne citing new industrial demand from artificial intelligence and robotics.
Newmont-backed foundation opens GH₵28m sports complex at Ahafo South
The Newmont Ahafo Development Foundation has commissioned a GH₵28m multipurpose sports complex in Kenyasi, taking its cumulative community spending past GH₵170m.
Northam declares record R10 final dividend as headline earnings rise almost eightfold
Northam Platinum's headline earnings per share rose 699% to 3,044.2c in the year to June 2026, and it raised its minimum dividend payout to 40% of headline earnings.
Kalagadi Manganese faces business rescue after top court rejects its appeal
South Africa's Supreme Court of Appeal has dismissed Kalagadi Manganese's challenge to the IDC's authority to place the Northern Cape miner into business rescue, ending a long legal battle over its debts.
Harmony posts record FY26 earnings as SA underground mines generate a 38% cash margin
Harmony Gold produced 1.43Moz in the year to June 2026, within guidance, and lifted headline earnings per share 87% to 4,363c, with Mponeng and Moab Khotsong generating a 38% free cash flow margin.
Mota-Engil lines up $1bn US-backed concession for Congo copper railway
Mota-Engil is set to sign a 30-year concession to rehabilitate and operate the DRC section of the Lobito Corridor railway, backed by up to $1bn in US financing.