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SA not geared for resources run, says Sanlam

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Mining will add more than an additional R50bn to SA’s GDP by 2015 if infrastructure bottlenecks are cleared and market share is maintained, says an investment house.

Barrick raises Q2 gold output but copper price weakness to weigh...

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BARRICK Gold increased second quarter gold production but said it had received a lower average price for copper amid a recent sell off in...

Metal price slump hurts Zimplats

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Zimplats produced lower volumes in a weaker market which resulted in a 41% June quarter profit slide at the Impala Platinum subsidiary.

Tharisa outperforms adjusted 2020 guidance, says rhodium exposure will help growth

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THARISA brought its 2020 financial year to a strong close, the constraints of the Covid-19 pandemic in the third and final quarters notwithstanding. Platinum group...

Acacia baffled by astonishing discrepancies in Tanzania export study

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ACACIA Mining has raised major questions about the integrity of Tanzania's First Presidential Committee finding regarding its alleged under-declaration of minerals held at the...

Mike Jones resigns as CEO of Platinum Group Metals

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MIKE Jones, the long-serving CEO of Platinum Group Metals (PTM), and a seemingly permanent fixture of South Africa's junior mining sector has resigned from...

Aquarius pleads with peers over cutbacks

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Aquarius Platinum says it hopes other industry players follow its example and cut unneeded production.

DRDGOLD to post 60-70% leap in interim share earnings

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DRDGOLD said interim share earnings will be 60% to 70% higher year-on-year owing to a much higher rand gold price, up 26%. Interim headline share...

China aims for soft landing, says World Bank

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A new World Bank report projects GDP growth in China will be 8.2% in 2012 and 8.6% in 2013.

AngloGold Ashanti sells out of the Sadiola mine in Mali

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AngloGold Ashanti has sold its 41% stake in the Sadiola gold mine in Mali for $52.5m in cash in conjunction with partner Iamgold Corporation...