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Gemfields awards $70m contract for second plant at Montepuez

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GEMFIELDS said it had awarded a contract for the $70m construction of a second processing plant at its 75%-owned Montepuez, a ruby mine in...

Strike at Wesizwe Platinum’s Bakubung mine enters third week

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A STRIKE at the Bakubung platinum group metal (PGM) mine operated by China's Wesizwe Platinum has entered its third week without sign of resolution. The...

Froneman confident of breakthrough in battle against crime and corruption

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NEAL Froneman, CEO of Sibanye-Stillwater sounded a bullish note on a joint committee on crime and corruption which he heads saying cooperation with the...

AngloGold to pare Brazil portfolio following year-long asset review

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ANGLOGOLD Ashanti said today it would look to sell Brazilian mine Córrego do Sítio (CdS)  while another mine in Brazil, Serra Grande could also...

What now for Northam CEO Paul Dunne?

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CEOs at S&P 500 companies stay in their jobs for an average of seven years, the Harvard Business Review says. It’s shorter than that...

Copper 360 on track to produce 2,000 tons of cathode, says...

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COPPER360, Johannesburg's newest mining listing, said construction of a copper concentrate plant was on schedule for November in line with its target of producing...

Zambia agrees deals with UK on clean energy, critical minerals

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ZAMBIA agreed deals with the UK on clean energy and critical minerals following a visit of the country's foreign minister James Cleverly this week. Cleverly...

NUM suspends leader amid reports of growing infighting

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SOUTH Africa’s National Union of Mineworkers suspended William Mabapa, its general secretary, amid reports of growing infighting within the organisation, said Bloomberg News on...

Glencore’s M&A push could signal the end to generous cash returns

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GROWTH was "back on the table" for the world's mining diversified sector which could signal the end of outsized capital returns, said Bank of...

Bushveld shares hit fresh low as new CEO cuts vanadium target

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BUSHVELD Minerals cut its vanadium production target for this year owing to problems at its Vametco plant near South Africa's North West province town...