Home News

News

Gold heads for $2,000 on India festival buying

0
Worries about Euro debt and the imminence of more physical buying by Indians despite record spot prices will drive gold ever higher, analysts say.

Jo’burg listing of SA’s ‘sleeper’ PGM producer Sedibelo waiting on structure...

0
THE listing of South Africa's Sedibelo Platinum Mine (SPM) might not take place until the fourth quarter of this year, said Sean Gilbertson, CEO...

Implats hatches plan to ease union hostilities

0
Impala Platinum wants Amcu and the NUM to arrive at a solution whereby the two unions share recognition at the company’s Lease Area mine rather than adopt a "winner takes all’ approach.

Eskom should re-assess procurement to secure coal: Kerr

0
THE proposed sale by South32 of its South African Energy Coal (SAEC) division means the loss of a second large balance sheet by South...

Implats, Northam rivalry is a distraction for RBPlat employees, says firm’s...

0
ROYAL Bafokeng Platinum (RBPlat) CEO, Steve Phiri said uncertainty regarding the direction of Impala Platinum's (Implats') takeover offer for his company was one of...

Get a grip on reality – Motsepe

0
SA’s business community is impotent at affecting policy decisions - such as nationalisation - and needs to work at it, says ARM chairperson Patrice Motsepe.

Aquarius Pt sells non-core assets for R755m

0
Aquarius Platinum has bolstered its balance sheet selling non-core assets that include the once mighty R1.3bn Blue Ridge project and the $700m Sheba's Ridge prospect.

Bushveld Minerals shares gain a fifth after firm unveils refinance of...

0
SHARES in Bushveld Minerals gained a fifth by midday trade in London following an annoucement it had agreed to refinancing a $45m convertible loan...

Wesizwe Pt secures R91m funding

0
Wesizwe Platinum said it had finalised funding of R91m for ongoing construction of its R6.6bn Frischgewaagd-Ledig Project.

Vale keeps steelmakers sweet on pricing

0
Top global iron ore miner Vale will stick with quarterly pricing for its steelmaker customers, sparing them for now a more market-sensitive system which they have fiercely resisted.