Southern Palladium says resource update to support $408m project
SOUTHERN Palladium, the Johannesburg-listed platinum group metals exploration firm, said it had completed drilling which would "provide a strong foundation" ahead of producing a...
Chavez to nationalise Venezuelan gold industry
Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.
AMCU lifts curtain on platinum wage talks with R12,500 demand
THE Association of Mineworkers & Construction Union (AMCU) intends to kick off wage negotiations in the platinum sector on July 12 at Impala Platinum...
BHP to play hardball on China refining fees
BHP Billiton is holding out for a hefty cut in copper treatment and refining charges with Chinese and Japanese copper smelters which are suffering the effects of margin shrinkage.
Sibanye-Stillwater to takeover Australia’s New Century for $83m in off-market deal
SIBANYE-Stillwater returned to its deal-doing ways today announcing an off-market takeover offer for New Century, an Australian listed tailings retreatment company in which the...
Exxaro Resources to reduce stake in Tronox to 1.6% in public...
EXXARO Resources will sell off the bulk of its stake in Tronox in a public offering announced today, said Chemicals Week in a report.
The...
Barrick beats consensus as metal prices offset Q1 production decline
BARRICK Gold reported adjusted earnings for 14 US cents a share for the first quarter owing to higher metal prices which offset a decline...
Zim’s Chinamasa turns to platinum royalty
Days after shaking hands with Russia on a $3bn platinum investment, Zimbabwe finance minister, Patrick Chinamasa, looks at lowering the royalty on the metal.
SA gold firms unmoved by in-favour UK market, despite Govt.’s failure...
THE sale of AngloGold Ashanti’s South African assets to Harmony Gold was approved unconditionally last week - a development that potentially frees AngloGold to...
Wanblad labels BHP takeover pitch “disrespectful” to SA
DUNCAN Wanblad, CEO of Anglo American labelled BHP's two-step demerger and takeover proposal as "disrespectful" to South Africa, adding that his company's treatment of...