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Southern Palladium says resource update to support $408m project

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SOUTHERN Palladium, the Johannesburg-listed platinum group metals exploration firm, said it had completed drilling which would "provide a strong foundation" ahead of producing a...

Can a demerged Amplats enliven SA PGM sector?

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There was little to celebrate when the world’s platinum industry gathered in London last month. The past two years have been chastening ones for...

Anglo re-rate is mission critical for Duncan Wanblad

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The clock is ticking on Anglo American CEO Duncan Wanblad’s radical restructuring plan. Having promised to simplify the 107-year-old group in as little as...

Gold Fields cuts gold target as winter chill cripples Salares Norte

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G old Fields has cut its production forecast for 2024, and increased cost estimates, after prolonged bad weather at Salares Norte mine in the...

Zambia lays ground work for minerals trading company

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ZAMBIA this week approved the creation of a special purpose vehicle that will invest and trade in the country's mineral resources, said Bloomberg News. It...

South32 agrees Metalloys manganese sale to Menar Group

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SOUTH32 said on Thursday it had sold its Metalloys facility in South Africa's Gauteng province to Menar Group, a privately-held coal and manganese mining...

Sibanye-Stillwater to duke out $1.2bn Appian claim this week

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NEAL Froneman, CEO of Sibanye-Stillwater is scheduled to testify on June 20 in the long-standing legal matter with Appian Capital Advisory. Opening statements will be...

Petra Diamonds agrees five year wage deal with NUM

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PETRA Diamonds announced on Monday a five-year wage agreement with the National Union of Mineworkers (NUM) granting employees annual increases of 5.75% to 6.5%...

Copper 360 facing ‘make-or-break’ as output disappoints

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THE current year to end-February 2025 will be make or break for junior miner Copper 360 which has reported poor financial and production performances...

Gemfields appoints former De Beers boss as board chair

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EMERALD and ruby miner Gemfields scored a coup with the appointment of former De Beers CEO Bruce Cleaver as its non-executive chairperson, effective July...