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Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman

SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...

PTM says “line of sight” over $400m funding will secure SA’s...

PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...

UAE company files $27bn in damages against Congo Govt. after loses...

A UNITED Arab Emirates company is the latest to dispute the loss of an iron ore mining licence in the Republic of Congo, said...

World’s largest miners set to reward investors as never before as...

THE world's largest mining companies have never been more cash generative, but they are reticent to spend on new projects raising the risk of...

Endeavour Mining pledges minimum $500m dividend payout over next three years

ENDEAVOUR Mining has targeted dividends over the next three years totalling $500m with the potential to pay more if the gold price trades above...

Implats to redeem convertible bond issued at PGM firm’s valuation ebb

IMPALA Platinum (Implats) has offered to redeem outstanding convertible bonds in terms of its R3.25bn issuance which has a 2022 maturity date. "The group’s strong...

Anglo says R6.45bn rehabilitation provision for Thungela “over and above” regulations

ANGLO American said it had over-provisioned for rehabilitation charges likely to be incurred by Thungela Resources, the South African coal company that was today...

Anglo under fire for ‘green-washing’ ahead of June 7 Thungela Resources...

ANGLO American had overstated the thermal coal sales and understated the rehabilitation costs of Thungela Resources, according to research company Boatman Capital. Citing a report...

Jubilee Metals takes PGM tailings acquisition to 1.2 billion tons

JUBILEE Metals took its acquisition of platinum group metal- (PGM-) bearing tailings to about 1.2 billion tons today after announcing a second transaction totalling...

Little relief for SA miners who say under-siege mining towns a...

PRIESKA is a small town of 20,000 people on the banks of the Orange River in South Africa's Northern Cape. Iscor, the former steelmaker,...