South32 won’t pay a premium for Anglo’s manganese stake
SOUTH32 will not pay a premium for control of manganese assets it shares in joint venture with Anglo American, the Australian firm's CEO Graham...
Harmony Gold to beat revised guidance after stellar year
HARMONY Gold said today it expected to exceed 1.55 million ounces in gold output for the 12 months ended June 30, beating guidance it...
B2Gold to run economic review of Otjikoto’s Antelope extension
CANADIAN gold miner said it had discovered gold about three kilometres from its Otjikoto mine in Namibia that it could dig in 2026.
An estimated...
Congo-Angola rail gets boost as investors order 275 wagons
COMMODITIES trader Trafigura is among a group of investors which has ordered 275 container wagons as part of a $500m rail investment linking mines...
Copper glut in China signals risk of growing oversupply
COPPER stockpiles in Shanghai Futures Exchange warehouses have grown to their highest level since 2020 following a price hike and tepid demand, said the...
Menar plans to invest $100m reviving Metalloys
MENAR intends to invest $100m in a refit of Metalloys, the Gauteng-based manganese smelting facilities the privately-owned company bought from South32 last week.
News24 cited Vuslat...
Thungela forecasts up to 69% earnings hit as coal prices soften
THUNGELA Resources forecast a heavy decline in share earnings for the first half of its financial year owing to lower-than-expected winter energy demand from...
Southern Palladium says resource update to support $408m project
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?
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
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...