Oil slumps 9pct in August
US crude oil prices have posted the first monthly decline since May as concerns about faltering economic growth, weak demand and bulging oil inventories pressured crude and gas.
Implats flags cut to refined PGM production as prepares Rustenburg furnace...
IMPALA Platinum (Implats) warned of a potentially significant cut in refined platinum group metal (PGM) production in the second half of its 2022 financial...
Eleven miners killed, 75 injured in Implats Rustenburg accident
ELEVEN miners lost their lives and a further 75 were injured in an accident on Monday afternoon at 11 shaft in Impala Platinum's (Implats') Rustenburg...
Coal supply bids for Eskom’s Arnot fail to hit the spot
ESKOM will continue with the temporary arrangement that sees seven different coal companies supply its Arnot power station after a Request for Proposals (RFP)...
Anglo withdraws executive bonuses ahead of Teck vote
ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...
GEM Diamonds elects to keep Letšeng mine open despite Lesotho Covid-19...
GEM Diamonds is to keep its Letšeng mine in Lesotho open despite a two-week lockdown announced by the southern African country's president, Moeketsi Majoro, on Wednesday.
"The...
Why did Barrick sell Acacia Mining minorities down the river?
ANYONE operating in Tanzania's mining sector today will be keeping a keen - and perhaps anxious - eye on Acacia Mining minority shareholders next...
Atlatsa’s Bokoni sucked into strike contagion
Atlatsa Resources Corp’s Bokoni Platinum Mines said its workers had embarked on an
unprotected strike as yet another mine falls to industrial action.
Pan African seals five year wage deal for Barberton Gold
PAN African Resources has signed a five year wage deal with the National Union of Mineworkers for members employed at the gold miner's Barberton...
Froneman doubles down on gold ambitions saying AngloGold, Gold Fields should...
NEAL Froneman, CEO of Sibanye-Stillwater, has doubled down on comments made in February that his company was considering merger and acquisition activity in order...