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PGM market shows strong underlying fundamentals says Implats CEO

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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

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THE continuation of load-shedding – rolling blackouts imposed by South African power utility, Eskom, and which have been escalated since March 15 – posed...

First Quantum says Tristan Pascall to be CEO after father Philip...

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TRISTAN Pascall is to replace Philip Pascall as CEO of First Quantum Minerals in May, the copper producer announced today. Philip Pascall co-founded First Quantum...

Petra’s 425 carat Cullinan recovery a ray of light, sparks share...

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THE discovery of a large 425 carat diamond at Petra Diamonds’ Cullinan mine in South Africa was today described as a positive financial boost...

Glencore faces renewed pressure from activist investor to hive off coal...

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GLENCORE is facing renewed calls to hive off its coal assets, said Bloomberg News citing a letter from Bluebell Capital Partners, an activist investor...

Amplats urges PGM sector to focus on demand instead of growing...

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THE platinum miners had to invest in growing market demand to ensure the continued viability of their industry and the key priority was to...

Pan African Resources buys Peter Skeat’s Blvyoor dumps for R110m

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Pan African Resources has struck a “conditional agreement” to buy the surface dumps at Peter Skeat’s Blyvoor Gold operation for R110m so putting the...

RBPlat shares scale 12-month high despite quarter of load-shedding, stoppages

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ROYAL Bafokeng Platinum (RBPlat) increased first quarter platinum group metal (PGM) production 12.6% to 91,300 ounces. This was despite a number of headwinds in the...

Nigeria not on Barrick Gold’s “target list” despite minister’s enthusiasm for...

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BARRICK Gold hadn't put Nigeria on its "target list", according to a company spokeswoman responding to comments by the West African country's mines minister...

SA govt funding for Optimum Coal Mine ‘swept from the table’...

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SOUTH Africa's state-owned mining company, African Exploration & Mining Finance Company (AEMFC) in joint venture with Lurco Group would submit a new bid for...