Sibanye-Stillwater, Implats dismiss fears of “mine closures”
SOUTH African platinum group metal (PGM) producers say they have taken steps to minimise mine closures, but they also acknowledge the downturn in prices...
What does Mike Fraser as CEO mean for Gold Fields?
GOLD Fields has a new leader. But much to the market’s relief, strategy is not expected to change. Mike Fraser, a former BHP and...
BHP to sell Queensland coking coal mines to Whitehaven for $4.1bn
BHP is to sell its Blackwater and Daunia coking coal mines, which are held in the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture...
Glencore to shut Australian copper mine in 2025
GLENCORE is to close its Mount Isa mines in Australia's Queensland by the second half of 2025, said Reuters citing the Swiss miner and...
Implats clarifies AGM resolution following proxy group warning
IMPALA Platinum (Implats) today clarified a special resolution for its annual general meeting on October 30 in which it would ask shareholders to approve...
Rail roadmap outlines private investment on bulk mineral rail routes
TRANSNET Freight Rail's (TFR's) customers will be able to negotiate rail use rates in return for capital investment in terms of draft roadmap that stops...
Petra sales fall as diamond market continues to falter
PETRA Diamonds continued to suffer the effects of declining market prices reporting second tender sales of $40.9m – 49% lower than the first tender sales...
Tharisa delays Karo project 12 months as PGM prices retreat 26%
THARISA has delayed delivery of its $391m Karo platinum group metal (PGM) project in Zimbabwe by a year to June 2025 owing to the...
Transnet to meet with Government this week to finalise turnaround plan
SOUTH Africa's state-owned rail and ports company Transnet will this week meet with Government's department of public enterprises to discuss operational upgrades aimed at...
SA coal investor rides to the rescue of Bushveld Minerals
EVER since Anglo American closed the doors on its once-mighty Highveld Steel & Vanadium in 2007, investors have tried and failed to make a...