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Results for “Ma”

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Everything375 News241 Analysis7 Deals11 Regulatory15 Companies46 People11 Videos25 Events

News 241

Diamonds

Gem Diamonds takes $77.5m impairment on Letseng as annual loss hits $104m

Gem Diamonds wrote down the carrying value of its Letseng mine in Lesotho by $77.5m and posted a $104m annual loss as revenue fell 36% amid the diamond market downturn.

Roy Mulenga·18 March 2026·2 min read

Gold

West Wits pours first gold at Qala Shallows, South Africa's first new underground mine in 15 years

West Wits Mining achieved its maiden gold pour from the Qala Shallows project on 17 March 2026, marking South Africa's first new underground gold mine in 15 years.

Roy Mulenga·17 March 2026·2 min read

Energy & Infrastructure

South32 shuts Mozal aluminium smelter after Eskom and HCB power talks collapse

South32 has placed its Mozal aluminium smelter in Mozambique on care and maintenance from 15 March 2026, after failing to agree an affordable power deal with Eskom and Cahora Bassa's HCB.

241 results

Roy Mulenga·16 March 2026·2 min read

Diamonds

S&P downgrades Botswana as diamond weakness proves more durable than expected

S&P cut Botswana's credit rating to BBB- from BBB, warning that structural weakness in the diamond market would weigh on the economy for longer than previously expected.

Roy Mulenga·16 March 2026·2 min read

Policy

Senegal moves to seize control of phosphate giant ICS from Indorama

Senegal's government said it would take back the assets of phosphate producer ICS, ending Indorama Ventures' licence and alleging almost $1.88bn in lost state revenue over the concession's history.

Roy Mulenga·13 March 2026·2 min read

Diamonds

De Beers valuation slashed to $2.3bn as sale may be split in two or three parts

Anglo American has cut De Beers's carrying value to $2.3bn from $4.1bn and is now considering selling the business in separate parts to different buyers.

Roy Mulenga·10 March 2026·2 min read

Energy & Infrastructure

Manganese producers line up to bid for new Ngqura export terminal

African Rainbow Minerals has joined a consortium of manganese producers bidding to build and run a new 16Mtpa export terminal at Ngqura, replacing the ageing Port Elizabeth facility.

Roy Mulenga·6 March 2026·2 min read

Manganese & Chrome

Samancor issues Section 189 notice covering 2,403 chrome smelter jobs

Samancor Chrome issued a Section 189 retrenchment notice in March 2026 covering the majority of its 2,403 smelter and corporate employees, blaming unsustainable electricity costs across six South African smelters.

Roy Mulenga·6 March 2026·2 min read

PGM

Implats doubles interim payout as cash surges on higher PGM prices

Impala Platinum's headline earnings rose 402% in its December half, prompting an interim dividend of R3.7bn that ran to 60% of adjusted free cash flow, double the group's normal payout policy.

Roy Mulenga·5 March 2026·2 min read

Markets

Central bank gold buying eases in January even as more countries join in

World Gold Council data published on 3 March 2026 showed central bank gold buying momentum easing in January even as the base of participating countries continued to broaden.

Roy Mulenga·3 March 2026·2 min read

Markets

Rio Tinto greenlights $473m Richards Bay Minerals expansion after years of doubt

Rio Tinto approved a $473m expansion of Richards Bay Minerals on 3 March 2026, restarting the long-stalled Zulti South project despite an ongoing group-wide review that could still see the South African mineral sands operation sold.

Roy Mulenga·3 March 2026·2 min read

Lithium

BMI cuts Zimbabwe lithium output forecast and lifts price view after export halt

Fitch Solutions' BMI says Zimbabwe's sudden halt to lithium concentrate exports will tighten the market until at least mid-to-late 2027, and has raised its 2026 lithium price forecasts in response.

Roy Mulenga·3 March 2026·2 min read

Energy & Infrastructure

Bridge collapse cuts DRC's main copper export route to Zambia

Flooding brought down the Kakoso bridge on the Zambian road to Kasumbalesa, cutting off a route that carries roughly a third of the DRC's copper cathode exports and forcing trucks onto detours.

Roy Mulenga·2 March 2026·2 min read

Markets

JSE's outperformance in February rides a precious-metals rally

Anchor Capital's February 2026 local market commentary said the JSE's continued outperformance was driven largely by a precious-metals rally following gold and platinum's January records.

Roy Mulenga·2 March 2026·2 min read

Markets

China's Yahua starts building third lithium-sulfate plant in Zimbabwe

Sichuan Yahua Industrial Group began construction of a $200m lithium-sulfate plant at its Kamativi joint venture in Zimbabwe on 27 February 2026, the third such Chinese-built processing plant in the country.

Roy Mulenga·27 February 2026·2 min read

Lithium

Yahua breaks ground on lithium sulphate plant at Zimbabwe's Kamativi mine

Sichuan Yahua Industrial Group has started building a lithium sulphate plant at Kamativi, its joint venture with the Zimbabwean state, days after Harare halted concentrate shipments with immediate effect.

Roy Mulenga·27 February 2026·2 min read

M&A

Exxaro completes takeover of Ntsimbintle's manganese interests after Tribunal approval

Exxaro Resources closed its acquisition of key manganese mining and marketing interests from Ntsimbintle Holdings and OM Holdings on 27 February 2026, after South Africa's Competition Tribunal approved the deal in December 2025.

Roy Mulenga·27 February 2026·2 min read

Diamonds

Rand strength piles pressure on Petra Diamonds as losses widen to $188m

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.

Roy Mulenga·27 February 2026·2 min read

PGM

Valterra Platinum caps maiden year with R5.3bn special dividend

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.

Roy Mulenga·25 February 2026·2 min read

Copper

ERG's Metalkol becomes first tailings site to win the Copper Mark

Eurasian Resources Group's Metalkol tailings-reprocessing operation in the DRC became the first such site globally to be awarded the Copper Mark responsible-sourcing certification.

Roy Mulenga·24 February 2026·2 min read

Policy

Parliament gets Natjoints briefing on coordinated response to illegal mining

South Africa's mineral resources portfolio committee received an update from the National Joint Operational and Intelligence Structure on measures to combat illegal mining, formalising a multi-agency policy response.

Roy Mulenga·24 February 2026·2 min read

Copper

DRC replaces Gécamines chairman and chief executive

DRC president Felix Tshisekedi replaced the chairman and CEO of state mining company Gécamines, which holds stakes in copper and cobalt operations run by Glencore, CMOC and ERG.

Roy Mulenga·24 February 2026·2 min read

Copper

Gécamines wins rights to market half of KCC's copper

Gécamines secured rights to market about half of the copper produced at Glencore's Kamoto Copper Company, extending a trading strategy it has used elsewhere in the DRC.

Roy Mulenga·19 February 2026·2 min read

Gold

Mali renews Barrick's Loulo mining permit for ten years

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.

Roy Mulenga·16 February 2026·2 min read

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