Glencore to post healthy marketing profit amid “elevated” rates
GLENCORE said its marketing division would benefit from high interest rates helping it report earnings before interest and tax of between $3bn to $3.5bn...
Implats says investors continue to influence “volatile” PGMs
INVESTORS continued to influence platinum group metals (PGMs) in Impala Platinum's (Implats') third quarter resulting in volatile pricing, the firm's CEO Nico Muller said...
SA Govt decries negative comments following BHP’s Anglo bid
SOUTH Africa has rejected commentary that BHP's takeover proposal for Anglo American represented a vote of no confidence in the country.
"Some analysts and sections...
Bushveld Minerals staring into the abyss, CEO acknowledges
A TURNAROUND in the vanadium price from its current lows and back up to $40 per kilogram of vanadium (kgV) would see Bushveld Minerals...
Sibanye-Stillwater plays down AGM bond jeopardy
SIBANYE-Stillwater's annual general meeting on May 28 carries more than the usual jeopardy following the company’s surprise $500m convertible loan launched last year. If...
Endeavour pours first gold from $290m Sabodala Massawa expansion
ENDEAVOUR Mining said on Monday it had poured first gold from its Sabodala Massawa expansion at its Senegal mine, two years after starting the...
Implats to slash 3 900 jobs on weak PGM prices
ABOUT 3,900 jobs are on the line at platinum group metals (PGM) miner Implats as weak platinum prices and input cost pressures have forced...
Anglo rejects BHP’s takeover bid as being too low and too...
As widely expected, Anglo American Corporation has rejected the £31m takeover bid from BHP saying it “significantly undervalues Anglo American and its future prospects.”
The...
Anglo puts De Beers up for sale according to the Wall...
Anglo American is considering a sale of De Beers according to an article in the Wall Street Journal (WSJ) quoting “people familiar with the...
BHP offer values Anglo American at R742bn with De Beers future...
BHP has published the details of its offer for Anglo American which values Anglo at £31.1bn (R742bn) equivalent to £25.08 per Anglo ordinary share...