Sibanye-Stillwater buys up to 3% of own shares for R5bn
SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today.
This was in terms...
Gold industry mergers may not bring immediate benefits – Gold Fields’...
NICK Holland, CEO of Gold Fields, anticipates more mergers and acquisitions will take place in the global gold industry this year and was not...
Gemfields posts interim profit but warns second half EBITDA to be...
GEMFIELDS posted a taxed profit of $23.8m for the six months ended June compared to a loss of $56.7m in the six months of...
Anglo’s Cutifani asked Ramaphosa to lend weight to new tripartite compact...
ADVANCES in South Africa’s mining regulatory and policy environment have been widely acknowledged, especially at this year’s Mining Indaba conference in Cape Town, demonstrated...
Barrick’s Bristow hails ICMM commitment to zero emissions by 2050
MARK Bristow, CEO of Barrick Gold, threw his weight behind a commitment by the International Council on Mining and Metals (ICMM) to target zero...
ARM calls time on Nkomati Nickel after R892m write-down takes mine...
THE troubled Nkomati Nickel mine was the fly in African Rainbow Minerals’ (ARM’s) interim results ointment recording a headline loss of R186m and forcing...
AngloGold to refinance notes with fresh $750m issue maturing in 2028
ANGLOGOLD Ashanti is to issue $750m in notes which are due to mature in 2028, the group announced today.
The proceeds will be used to...
Start-up diamond companies moot plans for privately-established development fund
LENGTHY delays in securing mining permits and licences, onerous and inappropriate regulatory requirements, lack of funding for entrepreneurs, and a Mining Charter and implementation...
PGM market shows strong underlying fundamentals says Implats CEO
PRODUCTION of platinum group metals (PGM) fell at Impala Platinum’s (Implats') operations during the quarter to end-September, but sales were maintained and Implats' CEO...
Eskom load-shedding poses significant risk to SA economy, says council
THE continuation of load-shedding – rolling blackouts imposed by South African power utility, Eskom, and which have been escalated since March 15 – posed...