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Overview
Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.
News
Northam Platinum finally secures "rock star" status
IT has taken some 40 years but Northam Platinum has finally achieved the "rock star" status that the former Gold Fields of South Africa envisaged when it decided to develop the Zondereinde mine in 1986. That is an outcome which seemed highly unlikely duri
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AI, robots and shrinking supply drive Northam's PGM growth plans
Northam Platinum is betting that new uses for platinum group metals in artificial intelligence, data storage, electronics and robotics will add to demand at a time when South African mine supply is falling. CEO Paul Dunne said during the miner's annual re
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Gold miners steal the spotlight from chip stocks
Gold miners are dramatically outpacing chip stocks, with the MSCI global gold miners index up 43% in August, according to Bloomberg. The mining rally accelerated after the US Treasury unexpectedly expanded bond buybacks, pushing down borrowing costs and r
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Northam posts record payout after sharp earnings rise
NORTHAM Platinum reported a sharp rise in annual profit after higher platinum group metal prices lifted revenue and cash generation, allowing the miner to declare a record final dividend of R10 a share, up from R2 a share last year. Together with the R7 i
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SA miners head for best month on record
South African precious-metals miners are staging a comeback, with the sector heading for its best month on record, Bloomberg reported. The FTSE/JSE Precious Metals and Mining Total Return Index has jumped about 38% in August, the most in Bloomberg data go
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