Sibanye-Stillwater to halve Stillwater output, eyes $600-700m in metal sales
SIBANYE-Stillwater is to cut production at its US Stillwater palladium/platinum mine 200,000 ounces/year and is nearing additional prepayment deals on gold as well as...
Panaf confirms 976 face chop at Evander as rand crushes margin
PAN African Resources (Panaf) confirmed up to 976 employees at its Evander Gold Mines would be retrenched after the firm served a Section 189...
‘When it comes to M&A people just shoot in the dark’...
BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...
Sibanye-Stillwater to be more circumspect of M&A following rocketing metal prices
SIBANYE-Stillwater has taken a circumspect approach to merger and acquisition activity following an increase in battery metal prices, said CEO Neal Froneman.
Commenting in the...
Pan African bids R1.5bn for Evander
Pan African Resources has offered R1.5bn in a combination of debt, cash and
shares for Harmony Gold’s Evander Mines after a consortium in which it was
involved failed to meet conditions of an earlier offer.
Pan African guides to one fifth gold production lift in 2025
PAN African Resources has forecast an increase in gold production of up to 21% as the first fruits of its $135m (R2.4bn) Mintails surface...
Hope at Beatrix as Gold Fields issues ultimatum
Striking workers have started to return to Gold Fields’ Beatrix mine in the Free State,
the company says, recording attendance levels in excess of 80% at some shafts.
Bristow’s life-long crusade against the dilutionary and the delusionary
BARRICK Gold CEO Mark Bristow sounded off long and hard on his favourite theme – organic growth – in yesterday’s presentation of Barrick’s results...
Lifting of Mali sanctions helps relieve gloom in Resolute Mining share...
SHARES in Resolute Mining gained just over 15% in Sydney after the company announced sanctions had been lifted on Mali where it operates the...
Blyvoor Gold announces plans to list on Nasdaq
PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...