South Africa’s African Rainbow Minerals (ARM) has reported a 19% increase in annual headline earnings to R3.2 billion for the year ended 30 June 2026, driven by sharply higher platinum group metal (PGM) prices. The strong performance has given the board confidence to approve the R753 million restart of the Nkomati nickel mine in Mpumalanga….
WINDHOEK – In a decisive move that echoes a growing continental push for resource sovereignty, Namibia has officially adopted a new National Upstream Petroleum Local Content Policy (NUPLCP) that mandates a minimum of 51% Namibian ownership in oil and gas service companies-with a strict sub-quota of 30% reserved for Historically Disadvantaged Persons. The policy, launched…
Minin capital could hit ZAR6bn in 2027 Sasol has outlined a plan to reduce external coal purchases from 8.8 Mt in 2026 to between 5–7 Mt in 2027, with a longer-term goal of sourcing 34 Mt internally by 2028. The company’s Secunda Operations are expected to sustain output of 7.2–7.4 Mt annually, supported by improved gasifier availability and a…
The US energy storage market deployed a record 6.7GW/20.2GWh of battery storage in Q2 2026, more than double the previous quarter, according to the latest US Energy Storage Market Outlook from SEIA and Benchmark Mineral Intelligence. Utility-scale projects dominated, accounting for 17.9GWh, including seven projects of at least 1,000MWh in Arizona, California and Utah. Of…
Rio Tinto has announced the appointment of Simon Trott as its new Chief Executive, effective August 25, 2025. He will succeed Jakob Stausholm, who has led the company for nearly five years. Trott, currently the Iron Ore Chief Executive, brings 25 years of experience across various commodities and geographies within Rio Tinto. His tenure as…
While Gwede Mantashe’s “backtracking” offers temporary relief, the mining sector eyes his 2027 departure. Uncertainty reigns, prompting industry to strategise for post-Mantashe policy permanence. ESG Frontiers Mining Policy Lead Lloyd Nedohe reviews. The last couple of weeks truly belonged to South Africa’s Mineral and Petroleum Resources Minister, Gwede Mantashe. It felt like a triple whammy…
From Mozambique Coal Catastrophe to De Beers Bid: Michael O’Keeffe’s Controversial Comeback in the Diamond Sector. Opinion by Lloyd Nedohe Following the recent successful demerger and listing of its platinum business, Anglo American Platinum (Amplats), in London and Johannesburg, Anglo American has now sharpened its focus on the sale of its diamond unit, De Beers….
Last week, Anglo American’s platinum operations officially began trading as Valterra Platinum on the Johannesburg Stock Exchange (JSE) under the ticker ‘VAL’, marking a pivotal moment in the mining giant’s strategic overhaul. The move, followed by a secondary listing on the London Stock Exchange (LSE) , closely mirrors a similar portfolio simplification undertaken by fellow…
In a significant move aimed at boosting its economy and adding value to its natural resources, Gabon has announced a ban on the export of raw manganese ore, effective January 1, 2029. The decision, spearheaded by President Brice Oligui Nguema’s government, is a cornerstone of the nation’s broader strategy to industrialise and reduce its reliance…
Rio Tinto is on the hunt for a new CEO, yet again. Following a recent CEO announcement by a peer company, South32, Rio Tinto has confirmed that current CEO Jakob Stausholm will depart later this year once a successor is appointed. This latest leadership change, coming amidst a period of strategic realignment and heightened investor…
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