Exxaro’s ‘money or the box’ conundrum
Three years after announcing a strategy to diversify from coal, Exxaro is still searching for an investment.
Nombasa Tsengwa, CEO since mid-2022, acknowledges that it’s been a...
Exxaro earnings to fall on lower realised coal export sales
EXXARO Resources said headline share earnings for the 12 months ended December would fall by between 16% and 30% owing to lower realised export...
Froneman dismisses rights issue risk for Sibanye-Stillwater
NEAL Froneman, CEO of Sibanye-Stillwater said a rights offer to shore up the group's under pressure balance sheet was a last resort.
"This preception is...
Platinum set for another deficit as SA mined supply under threat
PLATINUM will register another supply deficit in 2024 amid a seven-year high in automotive demand and declining primary production, especially in South Africa, said...
Sibanye-Stillwater is weighing up offers for SA uranium
SIBANYE-Stillwater was considering offers for its uranium assets which could see it swap resources for a stake in a pure-play miner of the fuel.
"We...
Gold Fields finalises $170m sale of stake in Ghana’s Asanko mine
GOLD Fields said on Tuesday it had completed the sale of its stake in Asanko Gold Mine in Ghana to joint venture partner Galiano...
Sibanye-Stillwater may deepen cuts after slashing costs R6.6bn
SIBANYE-Stillwater will consider additional restructuring of its operations after outlining on Tuesday R6.6bn in capital expenditure cuts in the last 12 months amid plungeing...
Exxaro may return to SA coal projects if it fails to...
EXXARO Resources could develop more of its coal resources in the event it failed to find assets for diversification.
The coal miner has been looking...
Merafe guides to full year basic earnings of up to 34%...
MERAFE Resources, the Johannesburg-listed ferrochrome producer said in a trading statement on Monday basic earnings for the year ended December 31 would be higher...
Goviex starts lender due diligence for Madadouela project
URANIUM development company Goviex said on Monday it had started lender due diligence for its Madaouela project in Niger. SLR Consulting would act on...