NUM refers Sibanye-Stillwater gold talks to CCMA
WAGE negotiations at Sibanye-Stillwater's gold operations have been referred to mediation, said the National Union of Mineworkers which described the miner's latest offer as...
PIC unveils R1.35bn budget for early stage mining projects
SOUTH Africa's Public Investment Corporation (PIC) on Wednesday unveiled plans to invest R1.35bn in "early stage" mining of which at least half would be...
Anglo defends merger despite Teck production cuts
ANGLO American has defended its due diligence of a $50bn merger with Teck Resources after the Canadian miner sharply reduced output forecasts at its...
Sibanye-Stillwater CEO surprised by platinum spike
THE rapid recovery in the platinum price – which has risen 84% since April this year to current levels around $1,660 per ounce –...
Minerals Council calls for ‘rational decisions’ from Govt talks
MINERALS Council SA president Paul Dunne warned that industry and Government discussions over the proposed minerals legislation should not result in "inappropriate policy responses...
Generation of exploration has been lost in SA, says Wanblad
A GENERATION of minerals exploration had been lost in South Africa owing to unsupportive policies, said Anglo American CEO Duncan Wanblad.
Speaking at the Joburg...
Gold breaks $4,000 barrier on safe-haven demand
GOLD breached $4,000 per ounce for the first time on Wednesday, propelled by investor appetite for security amid escalating economic and geopolitical tensions and...
Froneman to lead refreshed DRA Global’s offshore push
DRA Global, the privately-held engineering company, has scored a coup announcing on Tuesday it had hired former Sibanye-Stillwater CEO Neal Froneman.
Froneman, who left Sibanye-Stillwater...
Is it realistic to expect more from gold shares?
THE VanEck Gold Miners Equity ETF has outstripped the spot price of gold this year — yet analysts think shares can still do better.
Valuations...
Ivanhoe achieves record zinc output from Congo mines
IVANHOE Mines reported record quarterly zinc production and robust copper output from its Democratic Republic of Congo operations, maintaining momentum despite earlier disruptions.
Citing a...