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Modest lift in De Beers’ sales as gradual recovery begins

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DE Beers reported a modest increase in rough diamond sales for the second sales cycle of its financial year which CEO Al Cook said...

Some gold miners not yet cashing in on record metal price

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THE gold price has gained a fifth since the start of the year but the companies that mine that metal are not getting recognition,...

ARM weighs reopening of ‘low carbon’ Nkomati Nickel

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AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with "an integrated end-user". The mine, situated...

Drought forces cut in copper output at Zambia’s Chambishi

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POWER shortages in Zambia have forced a one-fifth cut in copper production at the Chambishi facilities of Nonferrous Metal Mining Corp. (CNMC), said Reuters...

Blyvoor Gold announces plans to list on Nasdaq

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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...

Sibanye-Stillwater says US lithium project will fly without IRA

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SIBANYE-Stillwater's proposed Rhyolite Ridge lithium project in the US will fly even if it fails to qualify for benefits in terms of the country's...

Ramos to step down from AngloGold Ashanti board in May

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ANGLOGOLD Ashanti said on Friday chairperson Maria Ramos is to retire in May. She will be replaced by Jochen Tilk, currently an independent non-executive...

Petra CFO Breytenbach resigns from diamond firm

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PETRA Diamonds' CFO of seven years, Jacques Breytenbach, has resigned for "personal reasons". Breytenbach would present the firm's 2024 financial results towards the end...

ARM defers Bokoni after writing down PGMs for R1.4bn

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AFRICAN Rainbow Minerals (ARM) has deferred the expansion of its Bokoni Platinum Mine saying in its interim results announcement on Friday it would conserve...

Anglo ‘review’ raises familiar themes as it looks to regain trust

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THE reason investors buy shares in diversified mining companies is to lower the risk presented by volatile and cyclical commodity markets. That approach, however,...