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...
Crypto giant becomes major gold buyer
CRYPTOCURRENCY company Tether Holdings has amassed approximately 140 tons of gold worth $23bn in a Swiss nuclear bunker, making it the world's largest known...
Retail investors drive silver to record volumes
RETAIL investor appetite for silver in the US market now rivals popular technology trades as flows reach unprecedented levels, said Reuters citing a report...