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Endeavour posted strong financial results in 2020
The miner’s free cash flow increased from $38m in 2019 to $476m across last year, with the fourth quarter alone delivering $261m. |
Wescoal delivers first own coal sales from Moabsvelden
The project development work commenced in June 2020 pursuant to the 10-year coal supply offtake award by Eskom in July 2019. |
Mastermyne Extends Development and Outbye Services Contract at Anglo American’s Aquila Project
The Company currently employs 178 full time personnel under the contract, with a further increase of around 60 full time personnel. |
Mitsubishi to buy 30% stake in Aurukun bauxite project in Australia
Glencore is evaluating the feasibility of developing the mine that is located in Queensland. |
Fangda Jiugang further reduces the purchase cost of imported mines
Fangda Jiugang further reduces the purchase cost of imported mines |
The National Development and Reform Commission held a seminar on steel carbon peaking, the industry's profit center will be significantly improved
The National Development and Reform Commission held a seminar on steel carbon peaking, the industry's profit center will be significantly improved |
US energy department issues $30m research funding to address ‘chronic’ critical mineral shortages
A reliance on imports for critical minerals like lithium, platinum and cobalt pose risks to the US clean energy agenda. |
Stimulus, EV surge shaping diversification
Private investment and management company Menar is prioritising an iron-ore acquisition as well as a second sizeable manganese deal this year, while implementing a R7-billion thermal coal and anthracite expansion, in addition to developing its first manganese ... |
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