Sibanye-Stillwater to retrench 852 at PGM mines in SA
SIBANYE-Stillwater is to retrench 852 full time employees and contractors at its South African platinum group metals (PGM) mines, it announced on Friday.
This follows...
Anglo’s Wanblad says “nothing off the table” in portfolio review
ANGLO American CEO Duncan Wanblad on Thursday unveiled a "systematic" review of the group's portfolio in which he promised "further actions" aimed at unwinding...
Harmony set to put cash from bonanza half year into projects
HARMONY Gold is to report half year share earnings more than 100% higher for the 2023/24 financial year owing to an improvement in the...
Gold Fields CEO warns gold market tailwinds will not persist
GOLD Fields turned in a "steady as she goes" performance during 2023 and the outlook appears to be for more of the same in...
First Quantum to sell $1bn in shares in effort to keep...
FIRST Quantum Minerals is to sell $1bn in shares and raise a further $1.6bn from an offering of notes in an effort to strengthen...
First Quantum to sell $500m in copper to China’s Jiangxi
FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...
Madagascan president’s ex-aide convicted of offering mining licence for bribes
MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...
Transnet to name new executive appointments by month-end
TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
Glencore skips top-up dividend as focus falls on coal demerger
GLENCORE will skip the 'top up' dividend this year telling shareholders its focus was on concluding the previously announced $6.93bn cash takeover of Elk...