Investors take profits from platinum but tailwinds persist
A RECOVERY in supply and reduced investor demand resulted in an oversupply of platinum in the first quarter of this year, said the World...
Merafe’s Eskom deal: Government needs it more
THE Glencore-Merafe Chrome Venture’s proposed 62c per kWh electricity tariff deal with Eskom, far below the standard tariff of around 234c per kWh, could...
Sibanye’s R18bn Finland expansion is tip of the iceberg
SOUTH African miners' appetite for offshore production has manifested in a spate of deals for mothballed mines and even producing ones. Some have legacy...
Appian to build $400m copper mine in Namibia
PRIVATE equity investor Appian Capital Advisory said on Thursday it is planning to build a $400m copper mine in Namibia.
The UK-headquartered firm said the...
Transnet signs rail deals in major boost for network reform
TRANSNET said on Wednesday it had secured an additional 24 million tons of freight capacity on the South African rail network after signing agreements...
NextSource approves anode battery plant in Abu Dhabi
NEXTSOURCE Materials, a graphite development firm in Madagascar, is to press on with the development of downstream processing facilities in Abu Dhabi.
The Toronto-listed firm...
Froneman on crime: “Don’t be soft, let’s call it treason”
PUTTING people on special leave is no way to root out crime and corruption, says Neal Froneman, the no-nonsense hard man of South African...
Copper 360 announces restructure to focus on Rietberg mine
COPPER 360 is to cut jobs at its Northern Cape province operations as part of a "repositioning" aimed at putting the company on course...
Barrick launches $3bn buyback ahead of spin-off
BARRICK Mining said it planned to repurchase $3bn of its shares in an effort to reward shareholders ahead of the proposed spin-off of its...
Stewart aims to keep it simple at Sibanye-Stillwater
SIBANYE-Stillwater shares are down almost 10% year to date, which is quite a disconnect considering its latest quarterly results, in which the platinum group...