New generation of Pt miner plots way to JSE
Sedibelo Platinum Mines, Ivanhoe Mines and the recently listed Tharisa are proof that investors will have more options as SA's platinum industry changes scope.
Northam leads the way as palladium helps SA shares continue fine...
SOUTH Africa's platinum shares have sustained the form that took them to a 200% gain in 2019 as the price of palladium reached a...
Sibanye-Stillwater to buy-back 5% of shares, raising the bar on peer...
SIBANYE-Stillwater has unveiled a share buy-back programme equal to 5% of its issued share capital and worth a total of just under R10bn at...
SA mining production for September surprises economists on upside, led by...
SOUTH African mining production grew 1.5% in September compared to August led by iron ore production which was 8.2% higher, said Statistics SA data....
Northam battles unit, capital cost hikes
The Booysendal project will now cost R3.9bn in today's money terms forcing the platinum producer, troubled by poor geology and rising costs, to seek additional debt finance.
First Quantum’s Kansanshi grinds to halt
Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have
been halted as labour demands 17% higher wages.
What a UK domicile means for AngloGold Ashanti’s access to debt
ANGLOGOLD Ashanti left South Africa in 2020 when it sold Mponeng, the last mine in its local portfolio. Nonetheless, the announcement earlier this month...
Barrick beats expectations for second quarter profit
BARRICK Gold beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal, said...
NPC revives coal export permit debate
Eskom is negotiating with suppliers to secure future coal supply, but failure to
advance talks should be dealt with by export regulation, a National Planning
Commission member has said.
De Beers’ Penny quits firm
De Beers CEO, Gareth Penny, ended a five year reign at the helm of the diamond group on Friday even as it unveiled a doubling in pretax earnings, an 84% increase in sales and a doubling in production.