Drought forces cut in copper output at Zambia’s Chambishi
POWER shortages in Zambia have forced a one-fifth cut in copper production at the Chambishi facilities of Nonferrous Metal Mining Corp. (CNMC), said Reuters...
Blyvoor Gold announces plans to list on Nasdaq
PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...
Sibanye-Stillwater says US lithium project will fly without IRA
SIBANYE-Stillwater's proposed Rhyolite Ridge lithium project in the US will fly even if it fails to qualify for benefits in terms of the country's...
Ramos to step down from AngloGold Ashanti board in May
ANGLOGOLD Ashanti said on Friday chairperson Maria Ramos is to retire in May. She will be replaced by Jochen Tilk, currently an independent non-executive...
Petra CFO Breytenbach resigns from diamond firm
PETRA Diamonds' CFO of seven years, Jacques Breytenbach, has resigned for "personal reasons". Breytenbach would present the firm's 2024 financial results towards the end...
ARM defers Bokoni after writing down PGMs for R1.4bn
AFRICAN Rainbow Minerals (ARM) has deferred the expansion of its Bokoni Platinum Mine saying in its interim results announcement on Friday it would conserve...
Anglo ‘review’ raises familiar themes as it looks to regain trust
THE reason investors buy shares in diversified mining companies is to lower the risk presented by volatile and cyclical commodity markets. That approach, however,...
Exxaro’s ‘money or the box’ conundrum
Three years after announcing a strategy to diversify from coal, Exxaro is still searching for an investment.
Nombasa Tsengwa, CEO since mid-2022, acknowledges that it’s been a...
Exxaro earnings to fall on lower realised coal export sales
EXXARO Resources said headline share earnings for the 12 months ended December would fall by between 16% and 30% owing to lower realised export...
Froneman dismisses rights issue risk for Sibanye-Stillwater
NEAL Froneman, CEO of Sibanye-Stillwater said a rights offer to shore up the group's under pressure balance sheet was a last resort.
"This preception is...