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Resolute agrees to sell Bibiani for $90m to Ghanaian start-up Asante...

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RESOLUTE Mining has launched a second attempt at the sale of the mothballed Bibiani mine in Ghana with the outlook second time round looking...

Zwane ‘energised’ by Codelco to establish state-owned miner

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SOUTH African mines minister, Mosebenzi Zwane, is to accelerate the establishment of a new standalone state-owned mining company after claiming to have been "energised"...

Implats to post minimum R30bn increase in full-year earnings

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IMPALA Platinum (Implats) said basic earnings for the 12 months ended June 30 would come in between R46.5bn and R47.5bn compared to full-year earnings...

Gemfields racks up $95.6m at ruby auction

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GEMFIELDS reported ruby sales of $95.6m (R1.53bn) at a recent auction this month which was twice the value of an action held at the...

Trans Hex skids 20% after R87m reversal

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Shares in Trans Hex lost 20% on the JSE after the company said interim figures would show a negative R87m reversal in fortunes.

Amplats bullish on PGMs as automakers row back on EV production...

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ANGLO American Platinum (Amplats) warned full year share earnings ended December 31 would fall as much as 52% owing to inflation, project delays, and...

Amsa warns of beneficiation review

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ArcelorMittal SA has warned that the government's mineral enrichment plans will need a complete review if the steelmaker can no longer receive lower than market prices for iron ore.

Richards Bay terminal operator resumes after Transnet Ports lifts work stop

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TRANSNET National Ports Authority (TNPA) announced over the weekend the resumption of a terminal operator at Richards Bay port. The unnamed operator had been suspended earlier...

Newplat success is double-edged sword for SA

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Good opportunism by Absa Capital to have seen the gap for a platinum debenture, but it's popularity is also a way of going short on SA platinum output.

Perseus in sight of 500,000 oz gold confirming status as West...

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GOLD production of 500,000 ounces was in the sights of Perseus Mining, the Australian miner which today reported robust second quarter and half year...