South Africa mining industry records lowest fatalities in 2022 – minister

The South African mining industry recorded 49 fatalities in 2022, which is the lowest-ever number of fatalities recorded in history, according to a senior government official. Mineral Resources Minister Gwede Mantashe told delegates at the Investing...

Today

African Mining Indaba begins

The annual Investing in African Mining Indaba, which is considered one of the continent’s largest gatherings of mining companies, investors and government representatives, commenced Monday in Cape Town, South Africa. The 2023 Mining Indaba theme is ‘Unlocking...

Today

Anglo American Platinum refined output down 25% in 2022

Anglo American Platinum’s production of refined platinum group metal (PGM) fell 25% in 2022 due to the delayed Polokwane smelter rebuild, and power outages, coupled with lower mine output and grades.

Today

Zim High Court orders release of Vast’s rough diamonds

The High Court of Zimbabwe has granted a default order against the minister of mines relating to the release of Vast Resources’ 129,400 carats of rough diamonds held in safe custody at the Reserve Bank of Zimbabwe.

Today

Gem Diamonds 2022 output dips on low ore treated

Gem Diamonds’ rough output at its 70%-owned Letšeng mine in Lesotho dropped 7% to 106 704 carats in 2022 compared to 115 335 carats produced in 2021.

Today

Crystal Gazing Into 2023

24 january 2023

(idexonline.com) - The beginning of every year brings about a flurry of planning activities as companies and individuals set their targets for the year. While we do so, it is wise to review what happened in the previous year, as we begin to make plans for the future. 2022 was a tumultuous year for the world economy in general. The highs of the stimulus and cheap money-driven growth of 2021 lead to the surge in inflation and forced central banks to tighten money supplies as well as increase interest rates. The world is waking up to some of the highest interest rates in over 15 years, after the great financial crisis.