Sibanye-Stillwater says Indonesia’s “dirty nickel” will attact tariffs
MINERS of low carbon metals would be protected from the kind of supply shocks currently being seen in the nickel industry, said Sibanye-Stillwater CEO,...
Anglo’s Wanblad cautious about pace of change at Transnet
ANGLO American CEO Duncan Wanblad welcomed recent steps by the South African government to introduce private sector participation in the country's rail network, but...
Thungela starts rehabilitation of damaged river system
THUNGELA Resources has begun years-long work aimed at repopulating a river system with fish that was severly damaged as a result of a spill...
Sibanye-Stillwater cuts gold reserves as rand price hits record
SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months.
This comes as...
Saudi PGM smelter proposal may test SA Govt’s loyalties
PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...
AngloGold Ashanti stages second half cash flow turnaround
SHARES in AngloGold Ashanti rose 6% in Johannesburg on Friday after it staged a turnaround in cash flow for the second half of its...
Elliott Management to invest in mineral assets worth $1bn
ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...
Thungela down 30% this year as forecasts hefty earnings slide
THUNGELA Resources, the Johannesburg-listed coal miner, on Friday forecast a steep decline in earnings for the 12 months ended December 2021.
Share earnings would be...
Sibanye-Stillwater to retrench 852 at PGM mines in SA
SIBANYE-Stillwater is to retrench 852 full time employees and contractors at its South African platinum group metals (PGM) mines, it announced on Friday.
This follows...
Anglo’s Wanblad says “nothing off the table” in portfolio review
ANGLO American CEO Duncan Wanblad on Thursday unveiled a "systematic" review of the group's portfolio in which he promised "further actions" aimed at unwinding...