Northam warns PGM price slump could last for two years
NORTHAM Platinum has forecast an extended slump in platinum group metal (PGM) prices of up to two years placing "significant pressure on earnings and...
Implats may ask unions, Govt. to consider Bafokeng restructure
IMPALA Platinum (Implats) may backtrack on an agreement with unions and the department of trade and industry not to restructure shafts bought in last...
Sibanye-Stillwater to call for calm as funding fears circulate
IF platinum group metal (PGM) prices stay at their current levels this year, one bleak forecast says, Sibanye-Stillwater will break its lender covenants. To...
Project finance secured for Envusa’s 520MW solar, wind projects
ENVUSA Energy, a joint venture between Anglo American and EDF Renewables, a unit of France's EDF Group, has completed financing of three solar and...
SA business welcomes Phillips as Transnet CEO
SOUTH Africa's business community welcomed the appointment of Michelle Phillips as Transnet CEO saying it would help maintain momentum as the ports and rail...
Implats to cut projects, reposition mines amid “anaemic” outlook
IMPALA Platinum (Implats) has unveiled a group-wide restructuring plan in which it may cut as much as 14% of platinum group metal (PGM) production...
Harmony scans SA for uranium as targets lift in fuel’s output
HARMONY Gold is looking at increasing uranium production through third party supply and by improving the capacity of its processing facilities.
"There are quite a...
Harmony Gold to spend R7.9bn extending Mponeng to 2044
HARMONY Gold on Wednesday announced the R7.9bn extension of Mponeng which will keep the mine, located west of Johannesburg, operating until at least 2044.
Commenting...
West African Resources lifts 10-year gold output forecast
WEST African Resources increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in...
Anglo delivers last of 10 Capesize+ vessels fuelled with LNG
ANGLO American said it had delivered the last of 10 cargo ships powered with liquefied natural gas after the Ubuntu Liberty completed its maiden...