Metmar acquires 40% of Zim Alloys Chrome
Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.
DRDGold, Sibanye-Stillwater benefit most from Charter ruling
ONE of the companies to have benefited most from a recent High Court ruling on the principle of 'once-empowerment, always-empowered' is DRDGold followed by...
ARM considers restarting options at Nkomati Nickel following 42% price surge
AFRICAN Rainbow Minerals (ARM) may restart production at Nkomait Nickel operations in South Africa's Mpumalanga province following an improvement in the price of the...
First Quantum says Tristan Pascall to be CEO after father Philip...
TRISTAN Pascall is to replace Philip Pascall as CEO of First Quantum Minerals in May, the copper producer announced today.
Philip Pascall co-founded First Quantum...
Copper market in extraordinary trading conditions
LONDON copper prices have surged to near yearly highs as the metal enters backwardation, creating unprecedented market volatility driven by a scramble for dwindling...
Former CEOs from SA gold rivals join forces on board of...
THE former CEOs of South African gold rivals Gold Fields and AngloGold Ashanti have been united at the board of a third gold producer...
Gold tops $1,850/oz
Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.
South32 pushes out SAEC deal completion to Q2 after proposed Duvha...
SOUTH32's efforts to sell its 91.8% stake in South African Energy Coal (SAEC) have been delayed with the transaction "... now expected to complete following the...
Northam set to reinstate dividend in 2022 as PGM production heads...
NORTHAM Platinum opted not to reinstate the dividend following record full year earnings for the year ended June 30, saying the buy-back of shares...
Palladium supply deficit will see vaulted stocks exhausted in as little...
IN this review, I argue that the quantum of vaulted above-ground palladium stocks will continue to be a drawn upon to supply the market...