Miningmx
Publication
0 followers
Independent news/analysis on the African mining sector.
Recent Posts
News•Feb 19, 2026
Kumba Upbeat on Iron Ore Contract Talks with China
Kumba Iron Ore says it will wrap up contract negotiations with Chinese steelmakers this year, despite the ongoing dispute between China Minerals Resources Group and major miners. China now represents 56% of Kumba’s 2025 export sales, up from 54% in 2024, and the company posted an 18% rise in headline earnings. The firm achieved an average realised price of $95 per tonne, 12% above the FOB benchmark, while the lump‑ore premium modestly recovered. Kumba also highlighted its ultra‑high dense media separation (UHDMS) project, which is expected to lift ore recovery rates.
By Miningmx
News•Feb 19, 2026
Gold Fields Delivers on New Power Dividend
Gold Fields announced a final dividend of R18.5 per share, a 164% increase year‑over‑year, and added a special dividend of R4.5 per share. Including the interim payout, the total regular dividend of R25.5 represents 35% of free cash flow, aligning...
By Miningmx
News•Feb 18, 2026
Sibanye-Stillwater to Recognise R5.3bn in Impairments
Sibanye‑Stillwater will record R5.3 bn of impairments in the second half of its 2025 financial year, bringing total FY2025 impairments to R14 bn. The write‑downs stem from a R3.8 bn reduction at the Kloof gold mine and a R138 m impairment on the Keliber...
By Miningmx
News•Feb 18, 2026
DRDGold Makes Light of R10bn Outlay with Record Dividend
DRDGOLD posted a record 50c interim dividend while financing its R10 billion Vision 2028 expansion entirely from free cash flow, despite a 9% dip in gold output. The company benefited from a $3,788‑per‑ounce gold price, which boosted revenue and lifted cash balances...
By Miningmx
News•Feb 18, 2026
Glencore to Extend KCC in Land Deal with Gécamines
Glencore announced a lease agreement with DRC state miner Gécamines that secures additional land titles, extending the Kamoto Copper Company (KCC) life of mine into the 2040s and targeting 300,000 tonnes of copper output by 2028. The deal follows a...
By Miningmx
News•Feb 18, 2026
A Decade on, Lily Mine Rescue Remains Unresolved
The Lily Mine collapse in 2016 triggered a business rescue that has now stretched ten years without resolution. The mine remains closed, the three miners unrecovered, creditors unpaid, and no funding has been verified for revised rescue plans. The case...
By Miningmx
News•Feb 18, 2026
Pan African Dusts Off Historic Gold in Drive for Growth
Pan African Resources announced a maiden interim dividend of 12 South African cents per share, translating to a R280 million payout. The six‑month results showed earnings up 192% to US 0.073 per share, while net debt collapsed 69.3% to $46.2 million and cash...
By Miningmx
News•Feb 17, 2026
Sibanye-Stillwater Cuts Gold Reserves as Kloof Curtailed
Sibanye-Stillwater reported a 6.3% decline in gold mineral reserves, now standing at 9.4 million ounces, after a 1.4‑million‑ounce writedown at its Kloof mine. The broader South African gold resource base fell 25.5% to 36.4 million ounces, while platinum‑group metal (PGM)...
By Miningmx