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...
Implats gains momentum amid 40% price lift in PGM basket
IMPALA Platinum (Implats) gained operational momentum in the second quarter to post respectable production numbers for the six months ended December.
Group production was 1.79...
Penny ticks the boxes for De Beers, says industry CEO
THE depressed diamond market will turn around only if Anglo American choses an "acceptable" buyer for De Beers and the only bidder exhibiting all...
Sibanye-Stillwater targets R3bn savings in back to basics strategy
SIBANYE-Stillwater has targeted R3bn in cost savings over the next two years as part of newly launched strategy focusing on simplification and organic growth.
"Spoiler...
Demand and supply for gold hit record levels in 2025 –...
IT'S not only the gold price that is setting new records. The fundamentals supporting the gold market, as set out in the World Gold...
Endeavour raises prospect of doubling payout in 2026
ENDEAVOUR Mining said it could pay additional dividends and buy back shares potentially doubling its targeted minimum annual payout of $1bn for 2026.
Shareholder returns...
Exxaro manganese deal becomes unconditional
EXXARO Resources' acquisition of manganese mines from Ntsimbintle Holdings and OMH Mauritius Corp. was today declared unconditional.
First announced in May, the deal – which...
Glencore’s copper production falls 11% in 2025
GLENCORE reported an 11% decline in copper production for 2025, with output reaching 851,600 tons at the lower end of its forecast range, said...
Former Endeavour chief returns at Africa miner
SEBASTIEN de Montessus has been appointed CEO of Mansa Resources months after his ousting from Endeavour Mining over alleged irregular payments, said Bloomberg News...
Nornickel says platinum and palladium output to fall
RUSSIA'S largest mining company MMC Norilsk Nickel expects platinum and palladium production to decline this year due to lower ore grades.
Palladium output could fall...