Can Ben Magara make the difference at Exxaro?
WHEN Ben Magara was officially named CEO of Exxaro Resources, people in the room applauded; some even cheered. "They always do that," an analyst...
Sibanye-Stillwater wind farm achieves commercial production
SIBANYE-Stillwater said on Tuesday the 89MW Castle wind farm in South Africa's Northern Cape, built to exclusively supply the company, had achieved commercial production.
The...
Trump tariffs will barely dent PGM vehicle demand
US tariffs on vehicles were unlikely to disturb platinum group metals (PGMs) demand, said the World Platinum Investment Council (WPIC).
It calculated a 70,000 ounce impact...
Lucara terminates contract of Karowe project manager
LUCARA Diamond Corp. said on Monday it would take a hands-on approach to the completion of the $684.3m Karowe underground project, the costs of...
AngloGold installs Tropicana renewables project
ANGLOGOLD Ashanti said on Monday it had completed the Tropicana renewables project, described by the miner as the largest hybrid power system in Australia's...
Bank revises average gold price as metal surges on and on
GOLD is forecast to trade at $3,500 per ounce in the next two years and will achieve higher average prices this year, according to price...
Gold Fields keeping powder dry for higher Gold Road offer?
GOLD Fields is to raise a bond aimed at repaying a $750m bridge facility used in the acquisition of Osisko Mining, a Canadian firm.
In...
Record gold is putting bang in the ‘Roodepoort Rocket’
SHARES such as DRDGold — once known as the "Roodepoort Rocket" — are proof that traditional sell signals have weakened in precious metals. The...
Diamond slump to hold back Namibia’s economic growth
A SLUMP in the diamond market would create a difficult fiscal backdrop for Namibia despite the southern African country forecasting modest growth this year.
This...
Copper price forecast to set new record this year
THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...