Northam Platinum declares record R2.8bn interim dividend
Northam Platinum's headline earnings per share jumped to R15.24 in the six months to December 2025, funding a record R2.8bn interim dividend as PGM prices continued to climb.
Northam Platinum's headline earnings per share jumped to R15.24 in the six months to December 2025, funding a record R2.8bn interim dividend as PGM prices continued to climb.
Petra Diamonds posted a $188m net loss for the six months to December, warning that continued rand strength was a major risk to the business alongside weak diamond prices.
Valterra Platinum's first full-year results as an independent company showed headline earnings up 98%, a swing to net cash, and total dividends of R45 a share including a R5.3bn special payout.
Northam Platinum increased its revolving credit facility from R2bn to R13.3bn to accelerate solar, battery storage and power-purchase projects aimed at cutting its reliance on Eskom.
Mali has granted Barrick a ten-year renewal of its Loulo mining permit, cementing the settlement of their dispute and clearing the way for underground development at the Loulo-Gounkoto complex.
Niger's military ruler Abdourahamane Tiani said about 95,000 tonnes of concentrated uranium powder is ready to be returned to Orano, while insisting uranium produced since the Somaïr nationalisation belongs to Niger.
Galiano Gold has declared maiden underground mineral resources at the Nkran and Abore deposits of its Asanko mine in Ghana, adding potential mine life beneath the existing open pits.
Botswana is redirecting mineral exploration toward critical minerals rather than diamonds, as a state-owned exploration company targets the 70% of the country never surveyed.
Togo's total exports grew 23.4% year on year in the fourth quarter of 2025, anchored by phosphate shipments, with India alone accounting for 18.6% of the total as it bought bulk phosphate rock.
Platinum touched an all-time high of about $2,923 an ounce in late January 2026 before pulling back, with the World Platinum Investment Council warning of further volatility.
Gold broke through $5,000/oz in January, sending the rand to its strongest level since 2022 and boosting profitability across Harmony, Sibanye-Stillwater, Gold Fields and Pan African.
Silver set a fresh all-time high near $121.67 an ounce on 26 January 2026, riding the same safe-haven and industrial-demand wave that carried gold above $5,000.
A Ghanaian parliamentary committee has praised Newmont's Ahafo South mine for its reclamation and water-management practices, noting the mine has paid over $2bn in taxes and royalties since 2006.
Alphamin Resources has guided for about 20,000 tonnes of contained tin production from its Bisie mine in the Democratic Republic of Congo in 2026, building on record 2025 output of 18,576 tonnes.
The DRC dispatched its first copper shipment to the US under a Gécamines-Mercuria arrangement, marketing metal from the state miner's stake in CMOC's Tenke Fungurume operation.
Legal analysis of South Africa's draft mining law amendments found the bill's ministerial consent requirement for changes of control was so broadly worded it could apply to routine JSE share trades.
An investigation into the 2022 Jagersfontein tailings dam collapse found the owner may have known of structural weaknesses since 2019 yet kept raising the wall and depositing more waste.
Ivanhoe Mines' third-quarter profit fell to $31m, down two-thirds year-on-year, as seismic-related flooding continued to depress copper output at Kamoa-Kakula.
Wholesale lab-grown diamond prices have crashed as much as 96% since 2018, prompting Angola, Botswana, Namibia, South Africa and the DRC to fund a joint marketing push for natural stones.
Newmont said on 23 October 2025 that its new Ahafo North mine had reached commercial production, expecting 275,000-325,000oz a year over an initial 13-year mine life.
Construction at the Karo Platinum project in Zimbabwe progressed with ball mills being installed and a dam expansion under way, as the Tharisa-backed mine works towards planned output of 190,000 oz a year.
The US Defense Logistics Agency cancelled a tender for up to 7,500 tonnes of cobalt worth as much as $500m, its first attempt to buy the metal since 1990, citing unresolved issues with the contract's terms.
Tharisa has guided FY2026 production of 145,000 to 165,000 ounces of platinum group metals and up to 1.65-million tonnes of chrome concentrate, building on a strong fourth quarter at its South African mine.
An industry opinion piece published as the DRC's cobalt quota system took shape argued that South Africa's own critical minerals strategy should introduce a 'balanced export strategy' limiting unprocessed cobalt exports.