Rising gold output ‘not sustainable’
Recent growth in SA's gold production output is unlikely to be sustained, given the growing cost competitiveness of mines located elsewhere, says Fitch.
Glencore’s bigger DRC risk may be Joseph Kabila, not his new...
GLENCORE has under-performed most of its peer group this year, partly on concerns about developments in the Democratic Republic of Congo (DRC) where the...
Bristow predicts “positive double whammy” as gold soars
The good times are about to roll for Barrick shareholders if the gold price stays at current levels around $2,300/oz with CEO Mark Bristow...
Amplats buoyed by 80% lift in rand PGM prices, says metals...
ANGLO American Platinum (Amplats) paid an interim dividend of R10,23 per share (R2.8bn) and said the market for its major platinum group metals (PGMs)...
Eskom agrees temporary coal price with South32 which targets sale of...
SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but...
High Seas treaty will deal blow to deep sea mining
A NEWLY ratified treaty protecting marine life is expected to strengthen opposition to deep-sea mining ahead of this week's UN climate summit in New...
Hunt for coal hots up as floods persist
Coal buyers are scrambling to find replacement supplies as mines in top producer Australia face weeks under flood water.
Jagersfontein mine owner Stargems says tailings facility was “safe and secure”
THE owner of the Jagersfontein diamond tailings dam which burst on Sunday killing at least three people said that the assets "were safe and...
Firestone’s Lesotho diamond mine about to start production
Firestone Diamonds should start production at its Liqhobong diamond mine in Lesotho during the fourth quarter of 2016 after bringing it into operation with...
Sibanye-Stillwater forecasts palladium supply deficit to vanish in three years
SIBANYE-Stillwater said an 800,000 ounce deficit in the palladium market could disappear by about 2024, bringing prices down, according to a report by BusinessLive.
"We...