What’s behind Sibanye-Stillwater’s chrome deal with Glencore?
SIBANYE-Stillwater's agreement with Glencore-Merafe Joint Venture (GMV) announced today is designed to generate billions of rands in by-product chrome revenues for the Johannesburg miner.
In...
Afrimat hit by losses in cement, weak anthracite prices
AFRIMAT, the Johannesburg-listed mid-tier miner and materials company, warned on Monday full year earnings to end-December would decline year-on-year owing to losses from its...
IDC allocates 40% of exploration fund to juniors
M ining is critical to South Africa's economy. In the first three quarters of 2024, the sector contributed an added value of about R448.4bn...
Froneman to announce retirement from Sibanye-Stillwater
THE Board of Sibanye-Stillwater is in the final stages of a process to find a successor to Neal Froneman, the founding CEO of the...
South32 CEO calls US metal tariffs a negotiating tactic
SOUTH32 CEO Graham Kerr played down the long-term impact of steel and aluminium tariffs installed by US president Donald Trump this month, saying they...
Northam’s Dunne to lead Minerals Council until May
SOUTH Africa's Minerals Council said Paul Dunne would continue as caretaker president until the organisation's annual general meeting in May.
This follows the resignation of...
Merafe may shut smelters from May as pressure mounts
MERAFE Resources has launched a review of its South African ferrochrome smelting business warning on Monday that furnaces could be mothballed by May unless...
Anglo CEO says door not closed on Transnet concession deal
CONCESSIONING South Africa's rail infrastructure was not off the table, said Anglo American CEO Duncan Wanblad.
Transnet, the state-owned rail and ports company, has rejected...
Anglo’s Wanblad describes mega-deal M&A “a calamity”
ANGLO American CEO Duncan Wanblad described the prospect of mega-deals in the mining industry as "a calamity" as they would ultimately hurt society.
"Why do...
SA’s new mining cadastre due mid-year, but will it work?
THE South African government's new mining cadastral system is due to be launched mid-year but officials at the Minerals Council were unsure if it...