Centamin’s consensus-beating six month performance provides evidence of turnaround
CENTAMIN provided further evidence of its turnaround under CEO Martin Horgan announcing interim numbers this week that beat cost and earnings consensus estimates.
Production from...
Why the bull run in metal and mineral prices will resume
SPEAKING at the London Indaba conference this month, Anglo American's senior economist Paul Gait demonstrated a divergence between the investment market's stated views about...
Wanblad says Kumba to be “reconfigured” as Transnet rail fail expected...
KUMBA Iron Ore would be "reconfigured in the short-term" to account for export bottlenecks, said Duncan Wanblad, CEO of Anglo American which owns 70%...
Anglo doesn’t expect metals demand to revive until 2024
MINERALS and metals demand would remain subdued for the remainder of the year as the drive to decarbonisation was taking longer than expected, said...
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"...