Anglo surges 7.7% on JSE but China stimulus may not deliver
MINING shares leapt in Johannesburg following Tuesday's news of China stimulus efforts with Anglo American leading the way.
The UK miner gained 7.68%, while shares...
Pan African cracks US index after Van Eck takes 5.9% stake
PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a...
Froneman says Sibanye-Stillwater will not be “a dinosaur”
IT was the familiar shape of Neal Froneman that took the helm at Sibanye-Stillwater’s interim results presentation earlier this month, but what he had...
Kabanga Nickel in spotlight as West forms minerals coalition
THE US government is due to unveil financing for the Kabanga Nickel, a project in Tanzania in which BHP has a 17% stake.
The commitment...
Gold Fields paid premium for Osisko to avoid ‘another Yamana’
GOLD Fields is one of the companies criticised for overpaying for assets following its C$2.16bn Osisko Mining takeover last month.
Concluded at a 55% premium,...
World’s largest banks to throw weight behind nuclear energy
FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...
US accelerates battery minerals investment with South32 grant
SOUTH32 said its Hermosa project in Arizona was in line to receive a $166m grant from the US Department of Energy which the miner...
Rhyolite Ridge decision looms for Sibanye-Stillwater
A DECISION on whether to invest up to $245m in Rhyolite Ridge, a lithium/boron mine in the US, moved a step closer for Sibanye-Stillwater...
Out of the spotlight, Trans Hex stages surprising comeback
When Trans Hex skulked off the JSE at the end of 2019, few punters gave the beleaguered diamond mining group a snowball’s chance of...
Gold industry CEOs say M&A will be disciplined
THE world's gold miners are back hunting for deals amid record prices for bullion, but unlike previous bull markets, they won't overspend buying growth,...