Mining has a problem with permits
Ask any mining boss what causes evening sweats, and it’s probably not a posse of cute rodents, or tumps of seemingly unremarkable grasses.
Yet for...
Sibanye-Stillwater earnings plummet as axe hovers over US mine
SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...
Dunne says PGM projects like Platreef expansion in doubt
NORTHAM Platinum CEO Paul Dunne has dumped cold water over the various junior miners trying to get into the platinum sector and has also...
Transnet scores R5bn loan from New Development Bank
TRANSNET has secured a R5bn loan from the New Development Bank, formerly the BRICS Development Bank, for the modernisation of its freight rail infrastructure.
"This...
Northam warns of “inevitable depletion” for PGM industry
SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices...
Anglo to promote polyhalite in China’s ‘grain barn’
ANGLO American has signed agreements with two of China's largest fertiliser companies to promote the use of polyhalite in the country.
Polyhalite is a form...
Resolute in ‘best position’ for years as net cash grows
RESOLUTE Mining, a gold mining firm operating in West Africa, was in its "strongest position for several years" having built net cash reserves of...
Gem Diamond lifts sales guidance despite turgid market
GEM Diamonds increased production guidance for its 2024 financial year to between 98,000 and 101,000 carats while sales increased to a forecast 100,000 to...
Kumba gives nod to UHDMS in R7.6bn commissioning plan
KUMBA Iron Ore has approved R7.6bn for the commissioning of UHDMS technology at its Sishen mine that will improve yield and potentially lengthen the...
Implats CEO “anxious” for US rate cut as PGM prices languish
IMPALA Platinum (Implats) CEO Nico Muller said he was "anxiously waiting" on a US interest rate cut as it would be a boost to...