Wescoal passes dividend as debt rises to dangerous levels, lenders waive...
WESCOAL Holdings passed the dividend following a poor 2020 financial year in which the South African thermal coal producer slid into a R137m (R2019:...
Structurally inflexible, the PGM sector can only watch and wait
ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM)...
Sylvania declares healthy dividend despite year of lower production and weaker...
SYLVANIA Platinum declared an eight British pence per share dividend for its 2022 financial year despite a disappointing performance party owing to a 23%...
AREP’s Dames upbeat on IPP prospects despite Eskom opposition
AFRICAN Rainbow Energy & Power CEO, Brian Dames, is upbeat on the prospects for independent power producers (IPP) in South Africa despite apparent opposition...
ANC will be a battleground over policy and prosecutions in 2021
A TOUGH political and economic year lies ahead. Perhaps in the forefront of the questions is how the balance of power between the state...
Amplats launches R10bn plan to stave off tough 2024
ANGLO American Platinum (Amplats) today announced plans to slash costs and cut expenditure for a total saving of R10bn in 2024 in an effort...
The NUM calls off the strike at Gold Fields South Deep...
Gold Fields shares rose nearly 6% to around R45 in trading on the JSE this morning following news that the month-long strike at its...
Lonmin edges lower as no-shows continue
Lonmin’s shares inch further down as the company reports attendance figures of
8% - fewer than one in 12 of the group’s 28,000 workers.
Bauba asks for JSE suspension
Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.
Pan African plans more growth
Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.