Sibanye-Stillwater may deepen cuts after slashing costs R6.6bn
SIBANYE-Stillwater will consider additional restructuring of its operations after outlining on Tuesday R6.6bn in capital expenditure cuts in the last 12 months amid plungeing...
Marula Mining to buy control of Kenyan manganese mine
UK-listed junior miner Marula Mining has agreed to buy control of Kenya's Larisoro Manganese Mine following an initial term sheet agreement with the mine's...
Sibanye-Stillwater to call for calm as funding fears circulate
IF platinum group metal (PGM) prices stay at their current levels this year, one bleak forecast says, Sibanye-Stillwater will break its lender covenants. To...
Sibanye-Stillwater says Indonesia’s “dirty nickel” will attact tariffs
MINERS of low carbon metals would be protected from the kind of supply shocks currently being seen in the nickel industry, said Sibanye-Stillwater CEO,...
Elliott Management to invest in mineral assets worth $1bn
ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...
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...
Anglo may broaden battery minerals business in Finland
ANGLO American said on Monday it had concluded a business agreement with Finland to "support the country's battery metals strategy".
It said a memorandum of...
Mixed tidings for SA as electric vehicles rev up performance
ONE in five cars to hit the road this year will be electric. That’s one million new cars a month, which will take the...
Lithium price pressure to stay as Zimbabwe adds to supply
THERE would have to be a cut in mined supply in order for the lithium price to recover some of the ground it lost...
Sibanye-Stillwater secures 45% of SA renewable power target
SIBANYE-Stillwater said it had procured 178MW of renewable power from two projects taking total wind and solar power supplied to its South African mines...