Amplats appoints finance director Craig Miller as new CEO
ANGLO American Platinum (Amplats) today announced that its finance director Craig Miller would take over running of the company from outgoing CEO, Natascha Viljoen.
The...
Kumba may reduce life of mines if Transnet fails to restore...
THE decline in rail capacity on Transnet's iron ore line risked mine life extension projects, said Kumba Iron Ore CEO, Mpumi Zikalala.
In 2021, Kumba...
Hummingbird targets net debt after commissioning Guinea gold mine
HUMMINGBIRD Resources was on track to produce 80,000 to 90,000 ounces of gold this year after stabilising production at Yanfolila, its mine in Mali.
Commenting...
Base Resources says Toliara progress stalled ahead of Madagascar elections
TITANIUM feedstock miner Base Resources said it didn't expect to register progress on the development of its Toliara project in Madagascar until the African...
De Beers says “seasonal trends” behind sixth cycle diamond sales slump
ROUGH diamond sales weakened in De Beers' sixth sales cycle which the firm's CEO Al Cook put down to "seasonal trends".
The Anglo American-controlled firm...
Two big questions for Anglo American that won’t go away
ANGLO American is heading for its poorest showing in years when it posts interim numbers tomorrow (July 27). Deutsche Bank, for one, expects "sluggish"...
10 years, $2.5bn later De Beers produces first diamonds from Venetia...
DE BEERS Group has produced its first diamonds from about a kilometre underground at its Venetia mine in South Africa's Limpopo province.
Production comes more...
Kumba pays generous dividend even as iron ore market contracts, costs...
KUMBA Iron Ore is to pay 75% of interim earnings in a dividend of R22.30/share (R7.3bn) despite volatile market conditions, difficulties with the logistics...
Wesizwe says platinum mine closed until further notice owing to strike
WESIZWE Platinum said its Bakubung Platinum Mine north of Rustenburg in South Africa's North West province would remain closed "until further notice" following an...
South32 lifts SA manganese sales as truck, rail availability improves
SOUTH32 said there was an improvement in fourth quarter sales from South Africa with volumes increasing on road and rail despite persistent challenges at Transnet, the...