Sibanye-Stillwater to ask lenders for relief as losses mount
SIBANYE-Stillwater showed signs of staunching losses at its US mine Stillwater but the distress caused by weak platinum group metal (PGM) prices continued to...
DRDGold cuts revised production guidance despite Ergo lift
DRDGOLD finally started mining two deposition sites at Ergo that were previously inaccessible owing to outstanding regulatory approvals and community disputes. But the firm...
Botswana vows to protect interests in potential BHP-Anglo deal
BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to...
SA mines minister has no legal powers over Anglo takeover
THE moon is made of cheese. We all know this. Just like we know that the chairperson of the ANC, who moonlights occasionally as...
Pan African weighs R2bn Mintails extension as gold powers on
PAN African Resources said the improvement in the gold price would result in a doubling in returns for its R2.5bn Mintails project, due to...
Gold Fields not yet ready to “call failure” on AngloGold JV
GOLD Fields said there were still unresolved "sticky points" regarding government approval for a proposed joint venture with AngloGold Ashanti in Ghana.
Mike Fraser, CEO...
Bushveld minority to vote against firm’s Vanchem proposal
BUSHVELD Minerals' plans to sell its Vanchem vanadium processing facilities in South Africa have run into opposition after a shareholder said it was "disappointed"...
Cosatu urges rejection of BHP’s Anglo takeover proposal
SOUTH Africa's main union federation has come out against BHP's proposed takeover of Anglo American urging the Public Investment Corporation, which manages government pensions...
Gold Fields’ torrid first quarter sees Salares Norte fall short
GOLD Fields on Tuesday warned of further production difficulties at its $1.2bn Salares Note mine in Chile which it said was ramping up slower...
Bushveld Minerals agrees to revised $40.6m sale of Vanchem
BUSHVELD Minerals said on Tuesday it would sell 100% of its Vanchem processing facility to Southern Point Resources (SPR) for $40.6m – a deal...