Amplats to post heavy interim earnings hit after metal price meltdown
ANGLO American Platinum (Amplats) is set to report a heavy decline in interim earnings following steep declines in metal prices, lower output and higher...
Oilgate scandal haunts Majali
Sandi Majali’s alleged hijacking of Kalahari Resources, a firm with a valuable manganese project, has its roots in debt he occurred during the Invume "oilgate’ scandal.
Good December sales for De Beers and Gemfields
Christmas has come early for diamond group De Beers and coloured gem producer Gemfields - with both reporting good December sales - but not...
ARM declares record dividend but flags trouble ahead at Nkomati
African Rainbow Minerals (ARM) trebled headline earnings to R3.2bn in the year to June and more than doubled its dividend to a record 650c...
Eastplats resumes production at SA mine
Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.
Congo may agree minerals processing deal with Rwanda
A PEACE deal being negotiated by the US between Congo and Rwanda could allow for the legitimate export of Congolese minerals to Rwanda for...
High flying AngloGold redeems $471m in 2020 bonds
HIGH flying after a 22% recovery in the dollar gold price this year, AngloGold Ashanti has cancelled $471m in debt through the early redemption...
SA Govt calls for “due care” as Sibanye restructure could raise...
SOUTH Africa's Department of Mineral Resources and Energy (DMRE) described plans by Sibanye-Stillwater to cut more than 5,000 jobs at its Marikana platinum operations...
Eskom official said he was ordered by top management to pay...
AN Eskom employee described receiving an instruction to pay nearly R659m in less than three hours on an invoice submitted by Tegeta Exploration &...
Randgold Resources lowers output target
Randgold Resources has revised its full year production downwards after abnormal rainfall in Mali impacted on production.