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DRC to suspend VAT exemption on mining company imports as seeks...

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DEMOCRATIC Republic of Congo’s government has decided to suspend the value-added tax exemption on mining companies’ imports in an effort to bolster state revenues,...

So far so good for commodities which stage quickest ever recovery...

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FEW commodities have performed better than orange juice so far this year. Traded in New York in a frozen concentrated form, it was much sought...

Glencore marketing thrives in Covid-19 volatility but lift in net debt...

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GLENCORE'S marketing division thrived during Covid-19 volatility, but the cost of servicing its carry trades resulted in an increase in net debt - a...

Anglo posts 75% slide in interim profit as Covid-19 ravaged De...

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ANGLO American announced a 28 US cents per share interim dividend maintaining its 40% payout ratio despite registering a 39% decline in underlying earnings before...

RMB boss urges Govt to embrace reform starting with allowing miners...

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THE CEO of Rand Merchant Bank (RMB), a South African firm, has urged the country's government to embrace reform and highlighted the ability of...

Anglo adieu to Johannesburg’s Main Street helps leave “difficult legacies” behind

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SO Anglo is bidding adieu to its Main Street offices in central Johannesburg for a more 'burby' vibe among the jacarandas and street cafes...

Gemfields outlook “bleaker rather than better” as cash dwindles to $9.3m...

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GEMFIELDS was considering raising additional debt by year-end and may conduct a rights issue in order to remain afloat after its mines were shut...

Mantashe released from hospital but to rest for seven days following...

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SOUTH African mines minister, Gwede Mantashe, has been released from hospital where he was treated for Covid-19 disease, said EyeWitness News. Citing Cabinet spokesperson, Phumla Williams,...

SA gold miners team up with Sasol, Imperial to supply sanitiser...

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GOLD mining companies AngloGold Ashanti and Sibanye-Stillwater have teamed up to supply hand sanitiser produced by chemicals group, Sasol. A fourth company, Imperial Logistics, has joined...

Tesla’s Musk promises “giant contract” for sensitively, efficiently-mined nickel

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ELON Musk, CEO of Tesla, told mining firms that his company would award "a giant contract" for efficiently mined nickel produced in "an environmentally...