Modern Mining April 2026

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COMMODITIES OUTLOOK 8 How Rare Earths are powering the green transition 10 Gold: locked and loaded 14 Silver’s Rise and Fall: Volatility Versus Sovereignty

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MINING INDABA REVIEW 18 Sanankoro Gold in the starting blocks

20 Firering diversifies product offerings and eyes new markets 22 Tech innovation revolutionising exploration, Mining Indaba hears 24 Hitachi Energy named leader in Asset Performance Management 25 Astron Energy: A Strategic Pillar of South Africa’s Economy TECHNOLOGY 26 SA takes the lead as global home of Weir's ENDURON ® Elite screens MINING EQUIPMENT 31 Mobility as a strategic advantage for mines and quarries REGULARS MINING NEWS 4 ERG’s Metalkol site awarded The Copper Mark Caterpillar acquires RPMGlobal Serval Resources commences exploration programme 5 Tsodilo Resources confirms rare earth discovery Exxaro concludes acquisition of manganese assets Rio Tinto approves Zulti South investment of R8.5 billion 6 Mineral price gains boost tax collections

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ODERN M INING APRIL 2026 | Vol 21 No 4 For people who are serious about mining

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SUPPLY CHAIN NEWS 32 ALCO-Safe becomes SANAS-accredited for breathalyser calibration Volvo Construction Equipment’s new-generation wheel loaders COLUMN 28 The budget, road freight logistics and the consumer

ON THE COVER The mining sector has come to the rescue of the country, helping alleviate fiscal pressure by providing substantial tax revenue and foreign exchange.

 Gold: locked and loaded  Sanankoro Gold in the starting blocks  How Rare Earths are powering the green transition  Firering diversifies product offerings and eyes new markets  SA takes the lead as global home of Wier’s ENDURON ® Elite screens IN THIS ISSUE

April 2026 | www.modernminingmagazine.co.za  MODERN MINING  1

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