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Amplats unveils R15.7bn special dividend ahead of June demerger

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ANGLO American Platinum (Amplats) on Monday said it would pay a special cash dividend of R15.7bn, equal to R59 per share. In addition to the...

In-favour Amplats unlikely to suffer major flowback

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ANGLO American’s restructuring has lift-off. Despite doubts over its complexity, the group has sold its Australian coal mines for $4.8bn and last month agreed...

Museums join queue for Lucara’s latest giant diamond

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LESEDI La Rona, the 1,109 carat diamond recovered from Karowe’s south lobe open pit by operator Lucara Diamond Corp. in 2015, astonished the world. At...

IDC allocates 40% of exploration fund to juniors

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M ining is critical to South Africa's economy. In the first three quarters of 2024, the sector contributed an added value of about R448.4bn...

Sibanye-Stillwater appoints Richard Stewart as CEO-designate

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SIBANYE-Stillwater confirmed a Miningmx report earlier on Thursday that its founding CEO of 13 years standing, Neal Froneman was set to retire this year....

Froneman to announce retirement from Sibanye-Stillwater

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THE Board of Sibanye-Stillwater is in the final stages of a process to find a successor to Neal Froneman, the founding CEO of the...

Bristow says “decision will have to be made” on suspended Mali...

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BARRICK Gold will resume operations at its shuttered Loulo-Gounkoto mine in Mali once authorities in the country allow it to resume gold shipments, CEO...

First Quantum not in rush to sell minority stake in Zambia...

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FIRST Quantum Minerals will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts...

South32 CEO calls US metal tariffs a negotiating tactic

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SOUTH32 CEO Graham Kerr played down the long-term impact of steel and aluminium tariffs installed by US president Donald Trump this month, saying they...

Northam Platinum surprises with heavy hit to interim earnings

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NORTHAM Platinum Holdings said headline share earnings would fall between 45% to 55% for the six months ended December, coming in at between R0.55 and...