South32 reports aluminium build at congested Richards Bay
SOUTH32 said port congestion at Richards Bay had contributed towards a $275m working capital build at the midpoint of its 2024 financial year.
Commenting in...
Barrick shareholders give resounding thumbs up to Randgold marriage
THE proposed merger of Barrick Gold with Randgold Resources took an enormous forward step today after 99% of shareholders in the Canadian miner voted in...
Amcu refuses to discuss centralised bargaining
The Associated Mineworkers & Construction Union (Amcu) refuses to negotiate on a central bargaining forum - a development that could herald a new wave of protest.
SA half-year gold output stable
South African gold production for the first six months of this year was only 1% down on output for the corresponding period last year, the Chamber of Mines said.
Tharisa jumps 11.5% after unveils $5m share buy-back plan
THARISA, the Johannesburg-listed chrome and platinum group metals miner, on Tuesday unveiled plans to buy up to $5m of its own shares.
Tharisa said it...
South32 M&A push frustrated after Metropolitan deal abandoned
SOUTH32 has pulled the plug on a proposed $200m acquisition of the Metropolitan Colliery and 16.67% stake in the Port Kembla Coal Terminal from...
Sibanye cash generating power priced in, say analysts
SIBANYE Gold doubled revenue in the March quarter year-on-year to R6.7bn and cut net debt by more than half owing to an increase in...
Sibanye earnings soar, but lowers 2016 gold output target
SIBANYE Gold downgraded its full-year gold production target following interruptions at its Driefontein mine west of Johannesburg, but said full-year share earnings would be...
AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
Odds stacked against SA’s junior miners yet some intrepid explorers break...
SOUTH Africa's junior mining sector is being held back by multiple obstacles including well documented problems with Government policy and implementation.
But the country's emerging...