Focus Mining

Zimplats rides on firm global metal prices, profit jumps 115% in full-year 2021 | Focus Mining Key Highlights: Profit after tax surges to US$563.1 million Revenue up 56% from US$868.9 million to US$1.4 billion Milled production levels maintained US$159 million channeled towards expansion projects {Focus Mining} – Zimplats, a subsidiary of one of the world’s foremost producers of platinum ...

Impala Platinum posts record FY’21 earnings as revenue rose 86% to R129.6 billion | Focus Mining Key Highlights: Gross profit scaled up 130% to R53.5bn from fiscal 2020 position of R23.27bn 125% increase in headline earnings to R36.4bn Boost dividend pay-outs to shareholders Bullish financial performance driven by higher sales volumes delivered into a robust PGM pricing market Total 6E concentr...

Harmony Gold expects 43% jump in FY21 revenue to R41.7 billion | Focus Mining Key Highlights Increase in earnings spurred by acquisition of Mponeng operations from AngloGold EPS expected to improve by more than 100% from prior year loss Increase in the average gold price contributed to increase in revenue {Focus Mining} Johannesburg – Harmony Gold, the first largest gold mi...

Zimplats parent sees FY21 earnings soaring to R35.8-R36.8 billion - Focus Mining Key Highlights Headline earnings expected to jump over 120% HEPS expected to increase between R45.64 and R46.91 Basic earnings of between R46.5BN and R47.5BN Full earnings report due on Sept. 2. {Focus Mining} – On Monday, platinum group metals (PGMs) mining and marketing company Impala Platinum H...

At 6% up, gold deliveries to Fidelity remain underwhelming - Focus Mining 12,779.29 kg delivered to FPR in the 7 months to July 2021 Small scale gold producers contributed 52.8% of the total gold deliveries Gold exports in 2021 forecasted to be higher than in 2020 On account of the recently introduced 2.5 – 5% gold delivery incentive {Focus Mining} Gold deliveries to Fi...

Glencore returns US$2.8 billion to shareholders after a pricey-commodities powered half year - Focus Mining Key Highlights: $1.18 billion to be paid in dividends Adjusted EBITDA of $8.7 billion was a record Revenue for the period rose by 32% to $93.8 billion Bullish outlook {Focus Mining News} Anglo-Swiss multinational commodity trading and mining company, Glencore Plc on Thursday said that it will return...

Sibanye Stillwater flags over 138% profit jump in H1’21 - Focus Mining HEPS are expected to increase from 350 SA cents to between 835 cents and 852 cents Expects more than 162% increase in profit attributable to the owners of the Group Attributable to higher production and firm commodity prices {Focus Mining} South African miner, Sibanye Stillwater with a 50% holding i...

The Arcadia Lithium Project which is considered to be one of the world’s biggest hard rock lithium resources provides Prospect with a globally unique position to be the only lithium producer that will produce both spodumene and petalite.

Prospect increases its ownership stake in Arcadia Lithium Project to 87% - Focus Mining {Focus Mining} – African lithium developer, Prospect Resources Ltd on Thursday 22 July 2021 announced that it has completed the purchase of an additional 17% of the shares in its flagship project, the Arcadia Lithium Project which were held by Farvic Consolidated Mines Pvt Ltd, bringing the Compan...

Anglo American Platinum is a leading primary producer of platinum group metals.

Unki Mine parent in record half year earnings performance - Focus Mining {Focus Mining News} – Buoyed by strong platinum group metals (PGMs) prices, Anglo American Platinum (Amplats) which is the world’s largest primary producer of platinum has reported record earnings for the first half ended 31 June 2021 as the commodities price super-cycle continues to benefit min...