Home News Page 2

News

Anglo takes $2.6bn hit on De Beers as gem destock continues

0
ANGLO American battled during the year to end-December reporting a 66% drop in basic underlying earnings per share on all operations (continuing and discontinued)...

Northam expands credit facility to fund green energy

0
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting...

Congo state miner wins Glencore copper marketing rights

0
THE Democratic Republic of Congo's state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore's Kamoto Copper...

Kumba opens contract talks with Transnet amid uncertainty

0
KUMBA Iron Ore may need more capacity on Transnet's Sishen to Saldanha Bay railway, but where volume isn't in shortage is in complexity. Not,...

Gold Fields ‘guinea pig’ in Ghana royalty talks

0
GOLD Fields has dramatically increased its mineral reserves and resources estimates at its flagship Tarkwa mine in Ghana as part of talks with the...

Five miners missing after South Africa diamond mine mudslide

0
FIVE miners remained missing on Wednesday, more than 24 hours after a mudslide at Ekapa Mining's diamond mine in South Africa, said Reuters. The Minerals...

Kumba upbeat on iron ore contract talks with China

0
KUMBA Iron Ore did not expect to be affected by a dispute between China's state-owned iron ore buyer and mining giants BHP and Rio...

Gold Fields delivers on new power dividend

0
GOLD Fields has delivered on its updated dividend policy announced last year declaring a final dividend of R18.5 a share – 164% higher than...

Glencore confident of ferrochrome tariff relief soon

0
GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a...

Sibanye-Stillwater to recognise R5.3bn in impairments

0
SIBANYE-Stillwater will report another set of all-action but ultimately noisy financial numbers for its 2025 financial year on Friday. Full year basic earnings will reflect...