Implats to delist RBPlat after acquiring more than 90% in RBPlat
IMPALA Platinum (Implats) is to delist Royal Bafokeng Platinum (RBPlat) after acquiring more than 90% of the company in a cash and shares takeover...
Amplats says PGM prices to bottom out this year after sell-off...
ANGLO American Platinum (Amplats) said a major sell-off in platinum group metals (PGM) this year which has seen the dollar basket price fall 29% to...
Northam Platinum emerges in decent shape after bruising two-year battle
ALL'S well that ends well in the two-year battle between Impala Platinum and Northam Platinum? That would seem to be the conclusion, for now.
One...
Glencore says cobalt slump to hurt African copper earnings
SWISS-based miner and minerals trading firm Glencore warned of a "material" hit to earnings of its African copper division following a sharp decline in...
Northam’s Dunne says there’s no pressure to quit after selling RBPlat...
PAUL Dunne said he had every intention of extending his nine-year stint as CEO of Northam Platinum after the platinum group metal (PGM) today...
Egypt to take 15% net profit share in new mining concessions
EGYPT today set down the terms of a new mineral exploitation regime in which it will issue 30-year exploration licences to miners on condition...
Shanta Q2 output leaps with help from newly commissioned low-cost mine,...
SHANTA Gold reported a sharp increase in year-on-year second quarter gold production which came in at 29,403 ounces – 92% higher than the first...
Kumba cuts sales, reins-in capex by R2bn as rail issues hurt...
KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months...
Northam to sell stake in RBPlat for R13.1bn as PGM market...
NORTHAM Platinum is to sell its 34.5% stake in Royal Bafokeng Platinum (RBPlat) ahead of a "potentially protracted downturn" in platinum group metal prices...
Eskom cancels agreements totalling R11bn in crime crackdown
ESKOM cancelled coal supply agreements and construction contracts totalling R11bn as South African authorities sought to crack down on crime, said Bloomberg News citing...