Happy days return for South Africa’s platinum industry
SOUTH Africa’s platinum industry is forecast to triple free cash flow to about R1.7bn this year, after a major uptick in fortunes for the...
Is Jubilee South Africa’s best copper play?
WITH the sale of Jubilee Metals’ South African chrome and platinum group metals assets now complete, the company is officially a pure-play copper story.
Just...
Precious metals sell-off spreads across markets
GOLD and silver suffered sharp declines on Monday as a record-breaking rally in precious metals reversed, sending ripples through global equity markets, said the...
Commodities plunge on hawkish Fed chair choice
COMMODITIES markets tumbled on Monday as Donald Trump's selection of Kevin Warsh to lead the Federal Reserve triggered widespread selling across precious metals, energy...
DRDGold finalises five-year wage deal at Ergo
DRDGOLD has concluded a five-year wage agreement with unions at its Ergo operations, heading off strike action that had been scheduled to begin on...
BHP backs Orion Minerals’ Northern Cape exploration
BHP, the world’s largest miner, announced today that it is partnering with JSE and ASX-listed Orion Minerals to advance Orion’s extensive copper and zinc...
Rio and Glencore to seek deadline extension for merger
RIO Tinto and Glencore are set to request additional time to finalise a deal creating the world's largest mining company, as the parties negotiate...
Niger airport attack perilously close to uranium stockpile
UNIDENTIFIED assailants launched an assault on Niger's capital that brought them perilously close to concentrated uranium powder stored at a military facility adjacent to...
Madagascar ends suspension on mining permits
MADAGASCAR has ended a 16-year suspension on issuing mining permits for most minerals, though gold licences remain frozen due to regulatory inadequacies, according to...
Nersa approves tariff cut for struggling ferrochrome
SOUTH Africa's energy regulator Nersa has granted Eskom permission to reduce electricity charges for Glencore-Merafe and Samancor smelters from 136 SA cents per kilowatt-hour...