Exxaro earnings to fall on lower realised coal export sales
EXXARO Resources said headline share earnings for the 12 months ended December would fall by between 16% and 30% owing to lower realised export...
Landmark rights ruling to hit state coffers
The North Gauteng High Court has ruled that the holder of an old order mineral right is entitled to compensation, paving the way to millions of rands in claims against the state.
SepFluor to build R1.7bn Nokeng fluorspar mine, concentrator
SEPHAKU Fluoride (SepFluor), an unlisted fluorspar development company, is to build a R1.7bn mine north east of Pretoria - a rare example of new investment...
Anglo says Revuboe too small for own rail, port
Anglo American says it will look to share existing infrastructure for its 10 million tonne/year Minas de Revuboe project in Mozambique once it has consummated the $555m transaction.
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
ARM more than trebles earnings
African Rainbow Minerals has cracked it in the six months to end-December and there's more to come in the second half of the financial year, according to CEO Andre Wilkens.
Sibanye-Stillwater blasts AMCU for “agenda” to harm reputation
THE often fraught relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a turn for the worse today after the...
SA throws lifeline to ferrochrome producers
SOUTH Africa has loosened antitrust regulations to allow companies in sectors crippled by soaring electricity costs to jointly negotiate cheaper power supplies, a move...
Miners propose sliding scale of price-linked royalties in DRC talks
MINING firms operating in the Democratic Republic of Congo (DRC), including Glencore and Randgold Resources, want the central African government to replace the windfall...
Don’t panic, it’s just the mining cycle
There's a lot of long faces in the mining industry, but shouldn't we expect spending cuts and plummeting stock prices? This is after all, a fundamentally cyclical market.