Gold Fields cuts gold target as winter chill cripples Salares Norte
G old Fields has cut its production forecast for 2024, and increased cost estimates, after prolonged bad weather at Salares Norte mine in the...
Zambia lays ground work for minerals trading company
ZAMBIA this week approved the creation of a special purpose vehicle that will invest and trade in the country's mineral resources, said Bloomberg News.
It...
South32 agrees Metalloys manganese sale to Menar Group
SOUTH32 said on Thursday it had sold its Metalloys facility in South Africa's Gauteng province to Menar Group, a privately-held coal and manganese mining...
Sibanye-Stillwater to duke out $1.2bn Appian claim this week
NEAL Froneman, CEO of Sibanye-Stillwater is scheduled to testify on June 20 in the long-standing legal matter with Appian Capital Advisory.
Opening statements will be...
Petra Diamonds agrees five year wage deal with NUM
PETRA Diamonds announced on Monday a five-year wage agreement with the National Union of Mineworkers (NUM) granting employees annual increases of 5.75% to 6.5%...
Copper 360 facing ‘make-or-break’ as output disappoints
THE current year to end-February 2025 will be make or break for junior miner Copper 360 which has reported poor financial and production performances...
Gemfields appoints former De Beers boss as board chair
EMERALD and ruby miner Gemfields scored a coup with the appointment of former De Beers CEO Bruce Cleaver as its non-executive chairperson, effective July...
Putting the ‘vroom’ into SA’s manganese riches
MANGANESE was the mineral for which Anglo American CEO Duncan Wanblad had no plan in terms of his proposed and far-reaching group restructure. "It...
Is AngloGold’s Calderon winning the war on sub-par ratings?
A FEATURE of gold’s record-breaking price performance in the past 12 months has been the relatively lacklustre response of the metal’s most prominent miners.
The...
Botswana in talks to increase stake in De Beers
BOTSWANA is in talks to increase its shareholding in De Beers, said Bloomberg News citing the comments of the country's president Mokgweetsi Masisi.
"We are...