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Sibanye-Stillwater, Heraeus to boost long-term palladium demand

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SIBANYE-Stillwater has teamed up with metals trader and recycling company Heraeus Precious Metals to investigate use of palladium in downstream hydrogen applications. The two...

South32 gives nod to $2.16bn US polymetallic project Hermosa

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SOUTH32 approved a $2.16bn zinc-lead-silver project in the US, as it released first-half results that saw it take a battering from a slump in...

Bristow’s life-long crusade against the dilutionary and the delusionary

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BARRICK Gold CEO Mark Bristow sounded off long and hard on his favourite theme – organic growth – in yesterday’s presentation of Barrick’s results...

Pan African storms back but investors sit on sidelines

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PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of...

Rand gold price rides to DRDGold’s rescue after licence snafu

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THE average gold price received of R1.17m per kilogram – 22% up on the previous average of R961,000/kg – made all the difference to...

Anglo facing ‘uphill battle on the trust front’, says bank

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ANGLO American had an uphill task in winning back the trust of investors, according to analysts at Bank of America. Commenting in a report on...

Six million people could be affected by coal, gold mine closures

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AN estimated six million people who live near mining areas in South Africa will be affected socially and economically by mine closures, said BusinessLive. Citing...

Gold Fields to post flat earnings for 2023 despite project delay

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GOLD Fields is expected to report largely flat basic earnings year-on-year as lower write-downs in the year to December 2023 offset a one-off break-fee...

Miners in Sahel coup crisis turn to ‘back channel engagements’

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THE rolling coups in the Sahel region in Africa expose mining companies operating there to numerous risks which requires 'back-channel engagements' with the new...

Jindal plan for $2bn iron ore mine in SA rejected

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JINDAL Steel & Power Ltd. has had an environmental application to develop an iron-ore mine in South Africa at a cost of as much...