Anglo bolsters balance sheet with R44.1bn Valterra sale
ANGLO American confirmed on Thursday morning it had concluded the sale of its entire remaining 19.9% stake in Valterra Platinum, formerly Anglo American Platinum...
Anglo to sell remaining stake in Valterra Platinum
ANGLO American said on Wednesday it would sell its remaining shares in Valterra Platinum equal to 19,9% in the company worth R44bn.
The transaction, by...
SA to open first gold mine in 15 years
WEST Wits Mining will break a significant drought when production begins next year at Qala Shallows, marking South Africa's first new underground gold operation...
Nickel price collapse strengthens China’s grip
NICKEL prices have plummeted to just over $15,000 per ton – roughly one-third of their 2022 peaks – undermining Western efforts to reduce dependence...
Brazil probes Anglo American nickel disposal
BRAZIL'S competition regulator has opened an investigation into Anglo American's proposed disposal of its nickel assets in the country, creating fresh obstacles for the...
All points north as DRDGold weighs long-term expansion
DRDGOLD, the Johannesburg Stock Exchange's oldest company at 130 years old, is actively pursuing expansion opportunities across Africa, with CEO Niël Pretorius particularly keen...
Zambian mine spill victims seek $420m compensation
COMMUNITIES affected by a devastating toxic spill at a Chinese-owned Zambian copper mine are demanding $420m in compensation from the operator, Sino Metals Leach...
Gold eyes $3,700/oz as more investors join anxiety bandwagon
AFTER a Northern hemisphere summer reverie, gold is expected to resume its bull run with the metal's price forecast to test $3,700 per ounce.
"We...
Glencore-Merafe may cut thousands of jobs at idled ferrochrome facilities
THOUSANDS of jobs will be affected in terms of a restructuring announced by the Glencore-Merafe Joint Venture, South Africa's largest ferrochrome producer.
Merafe Resources said...
Valterra forwards all hydrogen truck inquiries to Anglo
ONE of the lesser appreciated benefits of the demerger of Valterra Platinum, formerly known as Anglo American Platinum (Amplats), from Anglo American in May...