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Platinum stages massive swing in surplus supporting hopes metal in foothills...

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THE possibility that platinum may be in the foothills of a price recovery was a feature of the World Platinum Investment Council's (WPIC's) 2020 forecast...

All systems go for DRDGold as R396m Sibanye-Stillwater deal sealed

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IT was all-systems go for DRDGold which announced today it had concluded the purchase of surface gold reserves from Sibanye-Stillwater in exchange for a...

De Beers believes positive 2021 diamond market conditions will continue

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Rough diamond sales by De Beers for the tenth - and final - sales cycle of 2021 were 26.5% down on the comparable cycle...

What’s the bother with SA junior mining?

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Exploration and development companies in South Africa have trodden a familiar path from investor scepticism to bankrupty. Why is this, and can it be changed?

Strike starts at Northam, stalls at Exxaro

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A strike has started at Northam Platinum, but new wage negotiations at diversified miner Exxaro are continuing.

Anglo ordered to release Mitsubishi contract

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Anglo American is on the back foot in its dispute with Codelco as a Chilean court orders it to release the sale contract signed with Mitsubishi over a stake in Anglo American Sur.

Teranga Gold’s Young plans on double-quick repayment of $414m debt pile

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TERANGA Gold intends to start mining the Massawa orebody in Senegal for a fraction of the $333m pre-production capital Barrick Gold estimated for the...

Silver punches through $60/oz to set new record

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SILVER breached $60 per ounce for the first time on Tuesday, capping an historic rally that has seen prices more than double since January...

Steel decline drives iron ore to record slump

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Iron ore price declines earlier this week took September's losses to a record 30% with producers saying it could take months for Chinese demand to recover.

Anglo facing Minas Rio delay

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Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.