Amplats agrees to sell Kroondal stake earlier to Sibanye-Stillwater
SIBANYE-Stillwater has taken 100% control of Kroondal Platinum Mines (KPM) after bringing forward an agreement to buy the 50% stake of its joint venture partner...
Sibanye-Stillwater to push ahead with Mt. Lyell copper study
SIBANYE-Stillwater today said it had exercised its right to buy Mt Lyell, a copper mine located in Tasmania.
An option to acquire Mt Lyell for...
Petra defers $65m in capex at SA mines as diamond inventories...
PETRA Diamonds is to defer $65m of its capital extension programmes at the Cullinan and Finsch mines with immediate effect but will not spell...
New bank misery will dictate gold’s direction more than geopolitics
THE prospect of regional conflict in the Middle East has given gold a boost in another example of what former AngloGold Ashanti CEO Bobby...
Gold harder to find than ever before as junior sector ‘hurts’
DIGGING in Egypt’s Eastern Desert, 25km from the Red Sea, geologists for Centamin, a UK-listed gold miner, turned amateur archeologists when they stumbled on...
Glencore’s cuts ferrochrome guidance after limiting Eskom pain
GLENCORE maintained its overall 2023 guidance for copper, zinc, coal and cobalt output but cut its outlook on nickel production due to maintenance and strikes,...
Base Resources shares tumble as signals end of Kwale
SHARES in Base Resources tumbled nearly 18% after the company said exploration had failed to extend the resources of its Kwale mineral sands deposit...
Burkina Faso raises royalties on gold production
BURKINA Faso has introduced a new royalty an gold sales which takes into account gold prices above $1,500 per ounce whereas previously it levied...
Sibanye-Stillwater may be outbid for Mopani Copper amid PGM pain
SIBANYE-Stillwater said it continued to "engage" with the Zambian government over the acquisition of its Mopani Copper despite the presence of an interloper.
The Financial...
Transnet seeking R50bn for mission critical capex
TRANSNET needs at least R50bn in funding to eradicate the current maintenance backlog on its rail network and to restore it to its full...