Miningmx

Miningmx

Miningmx is an online news platform that offers unbiased news and insights about the African mining industry. Unlike other news sources, it does not share or reproduce content from other outlets. Instead, it focuses on creating high-quality articles through a team of independent reporters. The coverage includes updates on commodity markets and corporate activities of both South African and international companies operating in Africa, with a particular emphasis on sub-Saharan Africa.

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English
Online/Digital

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47
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Global

#387106

South Africa

#4300

Finance/Investing

#77

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  • 3 days ago | miningmx.com | David McKay

    JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa. Commenting on the planned sale on Thursday, Jubilee CEO Leon Coetzee said the transaction would enable to focus on its Zambia copper assets. The firm’s South African PGM and chrome business was largely ex-growth without new major investment – outlay Jubilee was unlikely to be able to afford amid pressure on its balance sheet.

  • 3 days ago | miningmx.com | David McKay

    INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE’s International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin producer Alphamin Resources for C$503m ($367m). The acquisition sees IRH purchasing the majority stake from Tremont Master Holdings at C$0.70 per share. Alphamin said it was evaluating the impact of the announcemnet, if any. Alphamin owns the Bisie tin mine located in the Democratic Republic of Congo’s mineral-rich eastern region.

  • 4 days ago | miningmx.com | David McKay

    COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since Copper 360 made its entrance more than two years ago.

  • 4 days ago | miningmx.com | David McKay

    COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since Copper 360 made its entrance more than two years ago.

  • 4 days ago | miningmx.com | David McKay

    TRADING in Wesizwe Platinum shares was suspended by the Johannesburg Stock Exchange today as the firm’s funding crisis appeared to deepen. Wesizwe said the suspension of its listing was owing to “an ability of the company to publish its audited annual financial statements” for the year ended December. Wesizwe said it was “working diligently” to publishing the numbers, as well as its annual and sustainability reports and notice of its annual general meeting by July 31.

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