Exxaro should stick with coal and pay out its cash
EXXARO Resources said last year it will press on with plans to diversify production into "green metals". In the case of the JSE coal...
Barrick issues ultimatum on Loulo-Gounkoto after new Govt impost
BARRICK Gold said on Monday it would have "no choice" but to temporarily suspend Loulo-Gounkoto if Mali's government failed to lift new restrictions placed...
Why Tharisa is yet to win over more investors
CHROME saved the day for resource group Tharisa, which registered a 28% decline in its average platinum group metal (PGM) price during its 2024...
Diamond sales boost would do Anglo power of good
EARLY anecdotal evidence points to a “pleasing” improvement in polished diamond sales since Thanksgiving in the US. This will come as a boost for...
Gold forecast to continue upward drive in 2025
GOLD is expected to average $2,795 per ounce this year continuing the gains of last year, said the Financial Times.
Purchases of the metal will...
Hummingbird takeover offer to be declared unconditional
THE delisting of Hummingbird Resources moved a step forward on Friday after the gold miner's main shareholder Nioko waived outstanding conditions on its takeover...
Uncertainty high for Mozambique miners as protests continue
PRESSURE is likely to remain high on the share prices of Mozambique miners Kenmare Resources and Gemfields Group as tensions remain high in the...
Gates’ Kobold Metals raises $537m in latest funding round
KOBOLD Metals has raised $537m in its latest funding round as it seeks to become a key player in the race for the critical...
Petra defers refinancing as diamond prices slide yet again
PETRA Diamonds has embarked on a fresh round of restructuring at its South African mines and has deferred a refinancing plan to this year.
This...
Transnet books R2.2bn interim loss as operating expenses rise
TRANSNET, South Africa's state-owned ports and rail company, posted an interim R2.2bn loss for the six months ended September, R600m worse than in the...