Battered PGM shares poised to recover, says bank
2O25 could signal a change in direction for platinum group metal shares following nearly two years of underperformance, most of which had been priced...
Lonmin, Impala may return to debt, equity markets
Impala may struggle to finance its R30bn capital programme while Lonmin was delaying the inevitable by failing to address its cash burn, analysts said.
De Beers’ $295m pact set aside
A legal technicality could see De Beers angling for new solutions to antitrust claims in the US after it was found on appeal this week that not all plantiffs could benefit from its $295m settlement trust.
Implats unveils record final dividend but warns of price moderation for...
IMPALA Platinum (Implats) announced a R12/share final dividend taking the total dividend for the year to R22/share following record full year earnings.
In February, the...
SA govt’s AEMFC to pump R1bn into Optimum Coal after winning...
AFRICAN Exploration & Mining Finance Company (AEMFC), a company owned by the South African government, said on Tuesday evening it had been awarded an...
Valterra recovers from flooding amid 30% price surge
VALTERRA Platinum said production at its Amandelbult mine in South Africa's Limpopo province had recovered during the third quarter following heavy flooding earlier this...
Glencore’s Zambia unit to keep copper mines running
Glencore's Mopani Copper Mines has reversed a plan to suspend output at its copper mines because of a pick up in prices.
AngloGold returns to full production, except at SA where lockdown regime...
PRODUCTION at about 90% of AngloGold Ashanti's operations was back to normal following relaxation of COVID-19 restrictions in all of the group's districts bar...
Rio Tinto closes in on Riversdale
So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.
Ownership rule too stringent, says Tsvangirai
Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.