Anglo considers third impairment of De Beers
ANGLO American said on Thursday it was considering yet another impairment of its diamond business De Beers – its third in the last three...
Valterra makes hay to take edge off tricky maiden year
VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces.
The increase was a...
Riskier but gold’s mid-tier and junior miners offer value
PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the...
Glencore in talks to sell DRC copper assets for $9bn
GLENCORE said on Tuesday it was in talks to sell a 40% stake in its copper and cobalt mines in the Democratic Republic of...
Harmony to hit interim guidance despite hiccoughs in Q2
HARMONY Gold said on Tuesday it would meet production guidance of between 1.4 to 1.5 million ounces for the first six months of its...
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...