Zinc extends rally as supply squeeze bites
ZINC climbed to its highest level in more than four years as supply disruptions tightened the market, Bloomberg reported.
The metal, used mainly to galvanise...
West Wits keeps 200,000 oz plan alive despite study blip
WEST Wits Mining is pressing ahead with plans to increase gold production from its Witwatersrand Basin Project to 200,000 ounces a year despite being...
Can De Beers make diamonds forever again?
So ... diamonds are forever, you say. Are we sure about that? The diamond market has, over the past few years, seen a cataclysmic...
Policing illegal miners isn’t working. What will?
WHEN 87 illegal miners died underground at Stilfontein in 2024 – and 1,826 surfaced from abandoned shafts – the event was a symptom, not...
AI, robots and shrinking supply drive Northam’s PGM growth plans
Northam Platinum is betting that new uses for platinum group metals in artificial intelligence, data storage, electronics and robotics will add to demand at...
Gold miners steal the spotlight from chip stocks
GOLD miners are dramatically outpacing chip stocks, with the MSCI global gold miners index up 43% in August, according to Bloomberg.
The mining rally accelerated...
Northam posts record payout after sharp earnings rise
NORTHAM Platinum reported a sharp rise in annual profit after higher platinum group metal prices lifted revenue and cash generation, allowing the miner to...
SA miners head for best month on record
SOUTH African precious-metals miners are staging a comeback, with the sector heading for its best month on record, Bloomberg reported.
The FTSE/JSE Precious Metals and...
Harmony Gold sticks with gold hedging strategy after R10bn hit
HARMONY Gold says its hedging strategy continues to make sense after analysts questioned the approach following a nearly R10bn realised loss on its gold...
South32 profits surge as reshaped portfolio delivers
South32 cracked it in the year to end-June more than doubling operating profit from continuing operations and declaring a 5.4 US cents final dividend...