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Minerals exploration spend falls for second consecutive year

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EXPLORATION for minerals fell for the second consecutive year in 2024, sliding six percent to $12.5bn, according to a report by the Financial Times. Citing...

Eastplats to study PGM tailings project from mothballed Crocodile River mine

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EASTERN Platinum (Eastplats) is to assess the feasibility of building a 20,000 to 30,000 ton per month platinum group metals (PGMs) tailings re-treatment plant...

Share buy-back resolution not universally welcomed by Sibanye-Stillwater shareholders

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ABOUT 18% of Sibanye-Stillwater shareholders that voted at the firm's annual general meeting (AGM) today were against a special resolution to repurchase the company's...

Anglo’s Wanblad set for subdued debut after Kumba, Amplats flag earnings...

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HEAVY rain in the first quarter and a lower iron ore price weighed heavily on Kumba Iron Ore which guided to lower year-on-year earnings...

Richards Bay coal exports rise

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The Richards Bay Coal Terminal managed its best performance in three years during 2010, but the amount of coal being exported remains way below its installed capacity.

Simmers finally takes over Tau Lekoa

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UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.

Finger of blame for market crisis falls on CEOs

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Investors said the current problems in the metals market were almost exclusively down to ill-judged capital allocation by poorly regulated executives.

Lucapa renegotiates repayment terms of $7.5m Equigold debt as waits on...

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LUCAPA Diamond Company has renegotiated repayment of a $7.5m loan with its Singaporean shareholder, Equigold, in terms of which it will extend the repayment...

Bushveld extends arm into vanadium redox flow battery manufacturing industry

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BUSHVELD Minerals will lead a consortium in the buyout of Enerox - a €11m (£9.42m) deal that broadens its participation in the downstream vanadium...

Sibanye platinum bids win Competition Tribunal approval

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SOUTH Africa's Competition Tribunal gave its vote of approval to Sibanye's proposed takeover of Rustenburg Platinum Mines from Anglo American Platinum (Amplats) as well...