Home News

News

Egypt’s Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused...

GOLD bull Naguib Sawiris, the Egyptian entrepreneur who helped bankroll Endeavour Mining, announced today the creation of a fund primarily pointed towards the development...

Amplats to delight shareholders with 100% payout of record interim earnings

ANGLO American Platinum (Amplats) is to pay an R175 per share interim dividend equal to 100% of the record interim headline earnings announced today. Headline...

Copper’s investment case may benefit further from shift in South American...

THE growing popularity of left-leaning politics in South America could have a positive impact on the price of copper as miners hesitate over expansions,...

Newmont warns of rising inflation with labour costs “running hot”

COST inflation would persist into next year for the world's gold mining companies if today's warning from Newmont Mining is anything to go by. Reuters...

“Becoming a non-executive would have been boring” says AngloGold CEO, Alberto...

AT 61 years Alberto Calderon, AngloGold Ashanti’s new CEO, is but a year younger than Nick Holland who stepped down from Gold Fields in...

Nersa approves new electricity supply deal for South32’s Hillside aluminium smelter

YEARS of wrangling over a new electricity supply contract to the Hillside aluminium smelter in KwaZulu-Natal was resolved today after the National Energy Regulator...

Thungela to undershoot 2021 thermal coal target as Transnet rail crisis...

THUNGELA Resources is forecast to undershoot production guidance for its 2021 financial year of 16 million tons (Mt) owing to a decline in rail...

RBPlat to report huge lift in basic interim earnings as PGM...

ROYAL Bafokeng Platinum (RBPlat) will report interim basic earnings as much as 450% higher year on year owing to improved prices for platinum group...

Centamin kickstarts Egypt gold exploration after Govt. talks over 19 licences...

CENTAMIN would begin looking for gold in Egypt after discussions with the country's government regarding 19 licences it awarded last year progressed. In March 2020,...

Perseus to unveil dividend policy in August as secures “line of...

WEST African gold miner Perseus Mining will unveil a dividend policy when it presents its 2021 year-end numbers in August, said MD and CEO...