Tharisa keeps cogs turning through lockdown whilst market provides “margin support”
THARISA, a Johannesburg- and London-listed chrome and platinum group metal (PGM) miner, reported flat second quarter production year-on-year, but there was a much-needed positive...
SA miners estimate cost of resuming normal operations, saying it could...
IT could take some of South Africa's labour-intensive mines weeks to get back to full production once a government-ordered lockdown ends.
"Its going to take...
Small cap mining companies may not emerge from COVID-19 lockdown, says...
SMALL- to medium-sized mining companies without the benefits of diverse income would be most heavily affected by the 21-day lockdown imposed by the South...
Gemfields suspends share buy-back as prepares for life without revenue until...
GEMFIELDS, the UK-listed coloured gemstones and marketing firm, has suspended its share buy-back programme.
The company said today it was necessary to conserve cash whilst it...
AMCU opposed to relaxation of lockdown measures arguing worker safety paramount
THE Association of Mineworkers & Construction Union (AMCU) was opposed to an early resumption of mining saying that concern about the economic status of...
Supply cuts may save world’s mining sector from depths plumbed during...
COMMODITY prices might not fall to the depths of the 2008 economic and financial crisis because the COVID-19 pandemic had affected supply as well...
Anglo to run AGM on May 5 with minimum quorum owing...
ANGLO American is to convene its annual general meeting with the minimum quorum of two shareholders in the wake of government restrictions due to...
Kore wins 25-year environment and social impact permits for RoC potash...
KORE Potash registered an important milestone today in its efforts to develop its 97%-owned Sinotoukola Potash Project in the Republic of Congo (RoC) after...
Anglo commits to R2.4bn weekly spend in SA as prepares ground...
ANGLO American set out its plans for supporting employees, communities and business during the COVID-19 pandemic which in South Africa was to spend $125m...
Master Drilling strategic rethink more pressing than ever after Northam cancels...
EVEN without the onset of the COVID-19 lockdown, Master Drilling CEO, Danie Pretorius, says the sun is slowly going down on the firm’s South...