Motsepe’s ARM faces $195m law suit in Tanzania – report
PATRICE Motsepe's African Rainbow Minerals (ARM) is facing a $195m claim in Tanzania amid allegations it breached a confidentiality agreement regarding a proposed joint...
Oakbay has no deal in place to sell Optimum export rights
OAKBAY Resources & Energy said there was currently no deal in place to sell the export rights of Optimum Coal, the South African coal...
Vedanta boss Agarwal commits to Zambia despite shocks, rows
VEDANTA chairman, Anil Agarwal, was at his contrarion best today telling an investment forum in Zambia during a two-day visit that the southern African country...
Platmin focus on boosting Q3 perfomance
Unkind weather, between April and May, and reconstruction of the pinion at the Merensky mill slowed down Platmin's operational perfomance during Q2.
AngloGold targets 30-40% cut in cash costs in bid to secure...
ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...
Sibanye-Stillwater signs new, three-year wage deal for Kroondal with AMCU, NUM
SIBANYE-Stillwater said it had signed a three-year wage deal agreement with unions for its Kroondal platinum mine covering the period July to end-June 2023.
The...
Europe’s coal grab raises uncomfortable questions about energy transition
GRAHAM Kerr has no regrets about taking South32 out of thermal coal last year. Despite the meteoric price rise for the fuel following Russia's...
South32 signs hardship clause with Eskom on coal contract, starts work...
SOUTH32 had begun early work on development of a 1.5 million ton (Mt) to two million ton a year export-dedicated thermal coal mine, the...
Should gold miners pay more cash to investors?
HOW gold miners spend money from bonanza cash flows will be a key test as the sector nears the end of a remarkable year.
Using...
Bristow says Barrick “independent of vagaries of capital markets” as curtain...
BARRICK Gold increased the quarterly dividend to 7 US cents per share on the back of a strong fourth quarter performance.
The results brought the...