PGM shares to remain capped by oversupplied market, say analysts
RECENT price strength in platinum shares on the Johannesburg Stock Exchange is "purely speculative" according to mining equities analyst at Standard Bank Group Securities,...
Sibanye-Stillwater says 4,022 jobs at stake in latest restructure
SIBANYE-Stillwater announced further restructuring of its South African business potentially affecting 3,107 employees and 915 contractors.
The reduction in headcount will be at operations and...
Coal capacity grew 2% last year owing to China new builds
COAL power capacity grew 2% last year owing to an increase in new coal plants across China and a slowdown of plant closures in...
Asante Gold to join bidding for Ghana mine Akyem
ASANTE Gold Corporation plans to join the bidding for Newmont's Ghana mine Akyem which the US miner deemed non-core following its acquisition of Newcrest...
The platinum project that could leave Amplats with egg on its...
IF Ivanhoe Mines executive co-chairman Robert Friedland is correct with claims over the postulated 'Mokopane Feeder' platinum formation then the group that will have...
Sibanye-Stillwater targets $500m in gold streaming deals
SIBANYE-Stillwater aimed to conclude a portion of an estimated $500m to $1bn in potential streaming or metals prepayment deals before it announced its half...
MC Mining advises shareholders to accept Goldway A$65.3m offer
AN independent committee appointed by Sydney- and Johannesburg-listed coal miner MC Mining has recommended shareholders accept a A$0.16 per share takeover offer by Goldway...
Alphamin doubles Ebitda, lowers debt ahead of dividend decision
ALPHAMIN more than doubled earnings before interest, tax, depreciation and amortisation in the first quarter after reporting higher increasing sales and a 7% lift...
Implats CEO says RBPlat deal wouldn’t make sense today
THE deal Impala Platinum (Implats) did to acquire Royal Bafokeng Platinum (RBPlat) would be viewed as "incredibly stupid" if done today at current prices...
Sibanye-Stillwater says SA ‘overhead’ cuts on radar
SIBANYE-Stillwater CEO Neal Froneman raised the prospect of further restructuring of the firm's South African division which produces gold and platinum group metals (PGMs).
"At...