RBPlats likely to tap market for Styldrift funds
The basket price for platinum group metals was likely to see Royal Bafokeng
Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift
project, but not before 2014.
Merafe, Glencore reopen three smelters in September but 9-month output down...
MERAFE Resources, a Johannesburg-listed ferrochrome producer, said it had reopened three of its smelters during September after a combination of restructuring and the impact...
Tegeta coal prepayment “amounts to fraud”, says Public Protector
THE relationship between Eskom and the Gupta family's Tegeta Exploration & Resources (Tegeta) is a prominent feature of the Public Protector's report into state...
All systems go for Arc’s Zambia copper JV with Anglo
Base metals exploration development company Arc Minerals says its copper JV with Anglo American in Zambia remains firmly on track.
Anglo in May rebuffed an...
Loss-making Amplats short on wriggle room
It's debatable how much Anglo American Platinum can achieve to lessen the blow of its loss-making shafts; the fact is, the company is in some distress.
Rhodium deficit set to “to again” in 2022 as automakers accelerate...
THE deficit in the rhodium price which has seen the metal cruise to an all-time record level of about $30,000 per ounce this year...
How WGC’s Tait plans to disrupt tyranny of illegal gold trade
TERRORIST groups are tapping into $95bn worth of gold mined by artisanal and small-scale miners, says the World Gold Council (WGC) in a report...
Anglo, Codelco trade more blows over Sur
Codelco has described the deal between Anglo American and Japan’s Mitsubishi over
Anglo American Sur as "illegal,' following the release of the sales contract.
Global miners facing 80% haircut in 2023/24
NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another...
Trapped miners rescued from Mimosa fire
All 60 miners were delivered safely from Mimosa Platinum Mine where they had
been trapped following an underground fire, the company said.